About This Property
Terrace Manor comprises 51 units in East Wenatchee, Washington, with 50 designated as low-income housing serving families and individuals with disabilities. The property, placed in service in 1998, includes 19 two-bedroom, 24 three-bedroom, and 8 four-bedroom units and is financed through 9% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Douglas County, WA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $981 |
| 1 Bedroom | $1,153 |
| 2 Bedroom | $1,448 |
| 3 Bedroom | $2,003 |
| 4 Bedroom | $2,325 |
Income Limits - Douglas County, WA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,000
- Very Low (50%)
- $25,000
- Low (80%)
- $39,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,100
- Low (80%)
- $51,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,650
- Low (80%)
- $57,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,550
- Low (80%)
- $61,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,400
- Low (80%)
- $66,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,250
- Low (80%)
- $70,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,100
- Low (80%)
- $75,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,000 | $25,000 | $39,950 |
| 2 Persons | $17,420 | $28,550 | $45,650 |
| 3 Persons | $21,960 | $32,100 | $51,350 |
| 4 Persons | $26,500 | $35,650 | $57,050 |
| 5 Persons | $31,040 | $38,550 | $61,650 |
| 6 Persons | $35,580 | $41,400 | $66,200 |
| 7 Persons | $40,120 | $44,250 | $70,750 |
| 8 Persons | $44,660 | $47,100 | $75,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in East Wenatchee, WA?+
The Fair Market Rent (FMR) for Douglas County, WA is: $981 (Studio), $1153 (1BR), $1448 (2BR), $2003 (3BR), $2325 (4BR). Actual rent at subsidized properties like Terrace Manor is typically 30% of household income or less.
What size apartments are available at Terrace Manor?+
Terrace Manor offers the following unit types: 19 Two-Bedroom, 24 Three-Bedroom, 8 Four-Bedroom units, for a total of 51 units.
How do I apply for housing at Terrace Manor?+
Terrace Manor is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Terrace Manor?+
Terrace Manor primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in East Wenatchee, WA?+
Based on Fair Market Rent for Douglas County, the estimated price range is: 2-bedroom: $1448, 3-bedroom: $2003. Actual rent at Terrace Manor may be lower for income-eligible households.
What are the income limits for affordable housing in Douglas County, WA?+
For a 4-person household in Douglas County, WA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,650, Low Income (80% AMI): $57,050. These limits are set by HUD and updated annually.
Who manages Terrace Manor?+
Terrace Manor is managed by . You can reach them at . Visit their website for more information.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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