Parkwest Apartments

2006 Sandvik St, Fairbanks, Alaska 99709

Eligibility for Parkwest 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 Parkwest Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $20,750 $24,640 $31,070 $37,500 $43,930 $50,360 $56,790 $63,220
50% $34,550 $39,450 $44,400 $49,300 $53,250 $57,200 $61,150 $65,100
80% $55,250 $63,150 $71,050 $78,900 $85,250 $91,550 $97,850 $104,150

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 Parkwest Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $34,550 $39,450 $44,400 $49,300 $53,250 $57,200 $61,150 $65,100

Parkwest Apartments Details

  • 83 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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