NULL is managed by Cascade Management, Inc.
We are excited to announce that applications are being accepted for the Canopy at Powell Apartments.
You can complete a digital application by following the link HERE or download an application by clicking on the link labeled PRINT APPLICATION FORM to the right of this page. You can also email the property at canopyatpowell@cascade-management.com and request one be sent to you and we will respond with an application attachment or send one in the mail.
Income Limits Apply: 60% AMI
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | 909 | Income Based |
3 Bedroom (3/1) | 1076 | Income Based |
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 Portland but actual income limits may differ for units at NULL.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Low Income (60%) | $47,400 | $54,180 | $60,960 | $67,680 | $73,140 | $78,540 |
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.