Newport Apartments is managed by The Michaels Organization.
Newport is a friendly and affordable residential community located in Oak Harbor, WA, offering spacious 2- and 3-bedroom apartment homes, conveniently located near Old Town Oak Harbor, schools, shopping, multiple state parks, and beaches. Amenities include on-site laundry facilities, clubhouse, and play area.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 766 | Call for Price |
Three Bedroom (3/1) | 1063 | Call for Price |
Last updated on February 12th, 2018
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 Oak Harbor but actual income limits may differ for units at Newport Apartments.
AMI Band | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|
30% | $22,650 | $25,500 | $30,000 | $35,140 | $40,280 |
50% | $37,800 | $42,500 | $47,200 | $51,000 | $54,800 |
80% | $60,400 | $67,950 | $75,500 | $81,550 | $87,600 |
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 Oak Harbor but actual income limits may differ for units at Newport Apartments.
AMI Band | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|
Very Low Income (50%) | $37,800 | $42,500 | $47,200 | $51,000 | $54,800 |
Low Income (60%) | $45,360 | $51,000 | $56,640 | $61,200 | $65,760 |
Day | Hours |
---|---|
Monday | 8:00am-5:00pm |
Tuesday | 8:00am-5:00pm |
Wednesday | 8:00am-5:00pm |
Thursday | 8:00am-5:00pm |
Friday | 8:00am-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.
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.
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 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.