Cottonwood Springs II

420 Ross Street, Davenport, Washington 99122

Contact Cottonwood Springs II

Cottonwood Springs II consists of 18 garden style units of family housing located on a 1-1/2 acre site in Davenport, Washington. Development costs were approximately $600,000, which included capital upgrades and renovations. Financing was provided through USDA, Rural Development, the Washington State Housing Trust Fund and a grant from the Federal Home Loan Bank. USDA also provides rental assistance for qualified households.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	$465
Two Bedroom (2/1)	-	$515

Cottonwood Springs II Details

18 one and two bedroom units.
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance
Section 221 (d) (3)
Section 236

Property Amenities

Off-Street Parking

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

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Nearby Low Income Apartment Communities like Cottonwood Springs II

Cottonwood Springs I

516 Ross Street

Davenport, Washington

Subsidized

Rent Assisted

PBRA

LIHTC

BMIR

S236

$518

1 BR

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