Cottonwood I

610 SE 6th St, Hermiston, Oregon 97838

Contact Cottonwood I

An affordable housing solution! Cottonwood I Apartments features spacious three bedroom apartments in a great location. A perfect place for modern and convenient living, all at a price you can afford. Come in and see our professional management team today. They would love to show you around, so you can see why Cottonwood I is the affordable solution for high quality living.

Leasing Office located at Cottonwood II Apartments: 750 SE 6th Hermiston, OR 97838

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Unit (Bd/Ba)	Ft²	Rent
3 Bedroom (3/1)	945	$877

3 Bedroom Wait List is Open Now

Last updated on March 25th, 2021

Eligibility for Cottonwood I

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 Hermiston but actual income limits may differ for units at Cottonwood I.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
50%	$27,200	$31,050	$34,950	$38,800	$41,950	$45,050

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 Hermiston but actual income limits may differ for units at Cottonwood I.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$27,200	$31,050	$34,950	$38,800	$41,950	$45,050
Low Income (60%)	$32,640	$37,260	$41,940	$46,560	$50,340	$54,060

Cottonwood I Details

22 three bedroom units.
Garden
Water and Sewer utilities included in rent
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Playground
Community Room
On-Site Manager
Off-Street Parking
Landscaping

Unit Amenities

Air Conditioning
Refrigerator
Stove
Private Patios
Electric 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.

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.