River Street Senior Hsg

731 N River St, Hailey, Idaho 83333

River Street Apartments features one-and two-bedroom apartments for residents 55 and older and is located in the heart of the beautiful Wood River Valley. This 24-unit community features in-building parking, a community room with a mini-kitchen, exercise room, computer and library study room, game room, community garden, outside areas and walking path. The property has an elevator and is fully accessible, with secured access and security cameras. Each residence offers a dishwasher, microwave, stove, refrigerator, and disposal, and washer/dryer, as well as a private balcony and storage. River Street is in downtown Hailey, close to grocery and household shopping, coffee shops and restaurants, movie theater and other retail outlets.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	684	Call for Price

Eligibility for River Street Senior Hsg

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 Hailey but actual income limits may differ for units at River Street Senior Hsg.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$29,400	$33,600	$37,800	$41,950	$45,350	$48,700	$52,050	$55,400
Low Income (60%)	$35,280	$40,320	$45,360	$50,340	$54,420	$58,440	$62,460	$66,480

River Street Senior Hsg Details

24 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Fitness Center
Community Room
Library
Community Garden
Computer Room

Unit Amenities

Air Conditioning
Dishwasher
Garbage Disposal
Microwave
Refrigerator
Washer and Dryer Included

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.