Family Tree Apartments is managed by Mercy Housing.
Family Tree Apartments, completed in 1994 and after a major renovation completed in 2014, was one of the first projects undertaken by Mercy Housing Northwest. The property is home to at least 400 residents and is made up of 151 affordable apartments including 22 one-bedroom, 100 two-bedroom and 29 three-bedroom units. Family Tree serves households earning at or below 40 to 60 percent of the Area Median Income.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | $835 |
2 Bedroom (2/1) | - | Call for Price |
3 Bedroom (3/1) | - | $1,110 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Everett but actual income limits may differ for units at Family Tree Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
50% | $47,950 | $54,800 | $61,650 | $68,500 | $74,000 | $79,500 |
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 Everett but actual income limits may differ for units at Family Tree Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $47,950 | $54,800 | $61,650 | $68,500 | $74,000 | $79,500 |
Low Income (60%) | $57,540 | $65,760 | $73,980 | $82,200 | $88,800 | $95,400 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
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.