Aspen Villas Apartments is managed by Epic Property Management.
Aspen Villas offers high- quality affordable housing in Central Oregon. This lovely community is surrounded by shade trees and beautifully landscaped courtyards with apartment homes featuring 2 and 3 bedrooms. Let us find your new home today! Security deposit is $400.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | 827 | $600 |
3 Bedroom (3/1) | 1 | Call for Price |
Not currently accepting waiting list applications. There is no indication of when or if this waiting list will reopen.
Last updated on November 15th, 2018Generally, 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 Redmond but actual income limits may differ for units at Aspen Villas Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $33,350 | $38,100 | $42,850 | $47,600 | $51,450 | $55,250 |
Low Income (60%) | $40,020 | $45,720 | $51,420 | $57,120 | $61,740 | $66,300 |
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.