Camas Commons

5140 SW Meadow Flower Dr, Corvallis, Oregon 97333

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Camas Commons is a picturesque property located in southwest Corvallis that provides affordable apartments to qualified households earning 50% or below the area median income (AMI) in Benton County. This property was developed in partnership with and is co-owned by the Linn-Benton Housing Authority and WNHS. Camas Commons is near local shopping, businesses and restaurants, and is on a free public transportation bus route.
This property has a large selection of different-sized apartments with ADA accessibility features for people with physical disabilities. Please contact property management to inquire further about the wait list.

Eligibility for Camas Commons

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 Corvallis but actual income limits may differ for units at Camas Commons.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $34,400 $39,300 $44,200 $49,100 $53,050 $57,000 $60,900 $64,850
Low Income (60%) $41,280 $47,160 $53,040 $58,920 $63,660 $68,400 $73,080 $77,820

Camas Commons Details

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

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