Park Manor

42 Market St, Lebanon, Oregon 97355

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Park Manor is managed by Cascade Management, Inc.

Located in the neighborhood of Lebanon, Oregon. Park Manor Apartments is the perfect place to call home! Spacious 1 to 3 bedroom floor plans with amenities such as extra storage, laundry facilities, on-site management, efficient appliances and more. You'll love your location and new community. Give us a call today to learn more! Income restrictions apply.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 500 Call for Price
2 Bedroom (2/1) 810 Call for Price
3 Bedroom (3/1) 1 Call for Price

Eligibility for Park Manor

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 Lebanon but actual income limits may differ for units at Park Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
50% $27,850 $31,800 $35,800 $39,750 $42,950 $46,150

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 Lebanon but actual income limits may differ for units at Park Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $27,850 $31,800 $35,800 $39,750 $42,950 $46,150
Low Income (60%) $33,420 $38,160 $42,960 $47,700 $51,540 $55,380

Park Manor Details

  • 40 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
  • Section 236

Property Amenities

  • Playground
  • On-Site Manager
  • 24hr Emergency Maintenance
  • Smoke Free
  • Convenient Location
  • On-Site Laundry

Unit Amenities

  • Cable Ready
  • Storage
  • Laundry Hookups
  • Fully Equipped Kitchen
  • Private Patios
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.

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.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

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