LaVenture Village

422 N LaVenture Rd, Mount Vernon, Washington 98273

Contact LaVenture Village

Laventure Village is a multifamily community near town offering a variety of 1-, 2-, and 3-bedroom townhouses and apartments. There are onsite laundry rooms and a playground for the little ones. Located off East College Way you will be close to shopping, dining, and schools.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	536	Call for Price
Two Bedroom (2/1)	682	Call for Price
Three Bedroom (3/1.5)	800	Call for Price

Eligibility for LaVenture Village

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 Mount Vernon but actual income limits may differ for units at LaVenture Village.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$19,150	$21,900	$24,860	$30,000	$35,140	$40,280
50%	$31,900	$36,450	$41,000	$45,550	$49,200	$52,850
80%	$51,050	$58,350	$65,650	$72,900	$78,750	$84,600

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 Mount Vernon but actual income limits may differ for units at LaVenture Village.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$31,900	$36,450	$41,000	$45,550	$49,200	$52,850
Low Income (60%)	$38,280	$43,740	$49,200	$54,660	$59,040	$63,420

LaVenture Village Details

30 one, two and three bedroom units.
Section 521 USDA Rental Assistance
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing

Unit Amenities

Garbage Disposal
Window Coverings
Refrigerator
Oven and Range
Heat and Air
Individual heating and cooling systems

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Wednesday	8:00am-5:00pm

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.

Low-Income Housing Tax Credit (LIHTC)

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.

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.