Heather Glen is a 27 unit complex built in Veneta, Oregon in 2009. These one, two and three bedroom units are available to persons at or below 50 percent of area median income. Units feature solar water heating systems, water saving toilets and showers, and marmoleum floors (flooring made from linseed oil). Project amenities include a community room with kitchen, laundry facilities, and a children's outdoor play area.
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 Veneta but actual income limits may differ for units at Heather Glen.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $29,550 | $33,750 | $37,950 | $42,150 | $45,550 | $48,900 | $52,300 | $55,650 |
Low Income (60%) | $35,460 | $40,500 | $45,540 | $50,580 | $54,660 | $58,680 | $62,760 | $66,780 |
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.