Chenana Apartments

5190 Amherst Dr, Fairbanks, Alaska 99709

Contact Chenana Apartments

Chenana Apartments are an affordable community offering one, two, and three bedroom units. This community is located on a bus line and close to schools. For more information about availability and pricing, please contact their management office.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based
2 Bedroom (2/1)	-	Income Based
3 Bedroom (3/1)	-	Income Based

Eligibility for Chenana Apartments

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 Fairbanks but actual income limits may differ for units at Chenana Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$20,750	$24,640	$31,070	$37,500	$43,930	$50,360
50%	$34,550	$39,450	$44,400	$49,300	$53,250	$57,200
80%	$55,250	$63,150	$71,050	$78,900	$85,250	$91,550

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 Fairbanks but actual income limits may differ for units at Chenana Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$34,550	$39,450	$44,400	$49,300	$53,250	$57,200

Chenana Apartments Details

52 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 New Construction
Section 221 (d) (3)

Property Amenities

Off-Street Parking
Snow Removal
Laundry Facilities
Heat Included

Unit Amenities

Refrigerator
Stove

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.