Caritas Villa is managed by Cascade Management, Inc.
An affordable housing solution for today’s seniors!
Caritas Villa features spacious studio, one and two bedroom apartments designed especially for seniors 62+ or disabled tenants. You will notice immediately that at Caritas Villa, quality is the difference and at a price you can afford.
Come in and see our professional management team today. We would love to show you around, so you can see for yourself why Caritas Villa is the affordable solution for high quality living.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price |
One Bed One Bath (1/1) | - | Call for Price |
Two Bedroom One Bath (2/1) | - | Call for Price |
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 Portland but actual income limits may differ for units at Caritas Villa.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $23,700 | $27,100 | $30,500 | $33,850 |
50% | $39,500 | $45,150 | $50,800 | $56,400 |
80% | $63,150 | $72,200 | $81,200 | $90,200 |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.