Evergreen Village

505 Division St NW, Olympia, Washington 98502

Contact Evergreen Village

Evergreen Village is a newly renovated affordable housing community that offers one, two, three, and four bedroom options.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/1)	-	Call for Price
Four Bedroom (4/1)	-	Call for Price

Eligibility for Evergreen 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 Olympia but actual income limits may differ for units at Evergreen Village.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$21,550	$24,600	$27,700	$30,750	$35,140	$40,280	$45,420	$50,560
50%	$35,900	$41,000	$46,150	$51,250	$55,350	$59,450	$63,550	$67,650
80%	$57,400	$65,600	$73,800	$82,000	$88,600	$95,150	$101,700	$108,250

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 Olympia but actual income limits may differ for units at Evergreen Village.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$35,900	$41,000	$46,150	$51,250	$55,350	$59,450	$63,550	$67,650
Low Income (60%)	$43,080	$49,200	$55,380	$61,500	$66,420	$71,340	$76,260	$81,180

Evergreen Village Details

180 one, two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)

Property Amenities

Fitness Center
Playground
Basketball Court
Clubhouse
Laundry Facilities

Unit Amenities

Window Coverings
Fully Equipped Kitchen

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 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.