Chester Creek Estates

5814 East Northern Lights , Anchorage, Alaska 99504

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Chester Creek Estates is managed by FPI Management, Inc..

Welcome Home.

Chester Creek Estates apartment homes are available in 1, 2, 3 and 4 bedrooms and each apartment has a full-size washer and dryer. Additionally, every apartment has an assigned carport for the comfort and convenience of our residents. We look forward to meeting you and welcoming you to our community.

AHFC Housing Vouchers Welcome

Close Proximity to UMED District, UAA, Elmedorf AFB and Ft. Richardson. Nearby green spaces for hiking, fishing and biking.

3-Bedroom units offer walk-in closets. 3-Bedroom and 4-Bedroon units have a dishwasher. Some paid utilities offered.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 705 $965
Two Bedroom (2/1) 830 $1,128
Three Bedroom (3/1) 1036 $1,324
Four Bedroom (4/2) 1226 $1,460

Eligibility for Chester Creek Estates

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Anchorage but actual income limits may differ for units at Chester Creek Estates.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $42,850 $48,950 $55,050 $61,150 $66,050 $70,950 $75,850 $80,750

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Anchorage but actual income limits may differ for units at Chester Creek Estates.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $42,850 $48,950 $55,050 $61,150 $66,050 $70,950 $75,850 $80,750
Low Income (60%) $51,420 $58,740 $66,060 $73,380 $79,260 $85,140 $91,020 $96,900

Chester Creek Estates Details

  • 100 one, two, three and four bedroom units.
  • Townhouse
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)
  • Section 236

Property Amenities

  • Playground
  • Business Center
  • 24hr Emergency Maintenance
  • On-Site Maintenance

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Carpet
  • Patio Deck Or Balcony
  • Private Entrance
  • Scenic View
  • Washer and Dryer Included

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Schools
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

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