The Fields Apartments, a 264-unit affordable housing project dedicated to households that might not be able to afford housing to live in the city.
The new apartments are open to those making 60% or less of the area's median income, which for a family of four in Washington County is $55,260 annually.
"There are 132 one-bedroom untis, 100 two-bedroom units, and 32 three-bedroom units," said Lauren Scott, Tigard's community engagement coordinator. "The Fields Apartments' rental rates will be approximately 27% less than the market for units of similar quality and style."
The complex, located at 7670 S.W. Hunziker Road, is now open and accepting rental applications.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/1.5) | - | Call for Price |
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.