Clara Vista Townhomes

5450 NE Cully Blvd , Portland, Oregon 97218

Contact Clara Vista Townhomes

An affordable housing solution!

Clara Vista Townhomes features spacious three and four bedroom townhomes in a convenient 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 Clara Vista Townhomes is the affordable solution for high quality housing.

PBV Waitlist Open

For application and screening criteria, CLICK HERE.

Open Application Period: Saturday, January 30, 2021 at 4:22 pm
Screening Fee: $50.00
Rent: Residents pay 30% of their income toward rent

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 (3/1.5)	1170	$883
4 Bedroom (4/2)	1408	$981

Project-Based Voucher (PBV) Wait List is Open Now

3 & 4 Bedroom Units

Last updated on January 28th, 2021

Eligibility for Clara Vista Townhomes

Clara Vista Townhomes Details

44 three and four bedroom units.
Mid Rise
Water and Sewer utilities included in rent
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Experienced Management

Unit Amenities

Refrigerator
Extra Storage
Water Trash and Sewer Included
Stove
Washer and Dryer Included
Electric Range

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.

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.