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Lake Empire Apartments

1660 Newmark Ave, Coos Bay, Oregon 97420

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Lake Empire Apartments is managed by Northwest Real Estate Capital Corp..

Lake Empire Apartments are located in Coos Bay, Oregon, just a stone's throw away from all the great outdoor activities the Pacific Northwest has to offer. Beaches, hiking trails, sand dunes, campgrounds, and rivers are some nearby places to explore in this charming coastal community. Lake Empire Apartments is a 28-unit complex consisting of 18 two-bedroom units and 10 three-bedroom income-based units with plenty of storage and onsite laundry facilities. 

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Income Based
3 Bedroom (3/1) - Income Based
Waiting List is Open Now

Last updated on December 14th, 2018

Eligibility for Lake Empire 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 Coos Bay but actual income limits may differ for units at Lake Empire Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $16,000 $19,720 $24,860 $30,000 $35,140 $40,280
50% $26,600 $30,400 $34,200 $38,000 $41,050 $44,100
80% $42,600 $48,650 $54,750 $60,800 $65,700 $70,550

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 Coos Bay but actual income limits may differ for units at Lake Empire Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $26,600 $30,400 $34,200 $38,000 $41,050 $44,100
Low Income (60%) $31,920 $36,480 $41,040 $45,600 $49,260 $52,920

Lake Empire Apartments Details

  • 28 two and three bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • On-Site Manager
  • Off-Street Parking
  • On-Site Maintenance
  • Courtyard
  • On-Site Laundry

Unit Amenities

  • Cable Ready
  • Carpet
  • Patio Deck Or Balcony
  • Refrigerator
  • Oven and Range
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.

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.

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Image of Lake Empire Apartments