Cole Manor is managed by Renton Housing Authority.
Located a block away from Renton Technical College, Cole Manor is the perfect place for families. It has easy access to 405, bus lines and grocery and other shopping areas. Each townhouse style unit is carpeted, with 2 bathrooms and its own patio for supervised child play, BBQ picnics, or your favorite potted plants. There is spacious storage inside and out. Features an affordable laundry room on site as well as a community shelter for holding family or community events with a play toy for youngsters to climb. One assigned parking space per apartment and visitor parking is available. Dog and or cat friendly within pet policy rules.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/2) | - | Income Based |
3 Bedroom (3/2) | - | Income Based |
4 Bedroom (4/2) | - | Income Based |
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 Renton but actual income limits may differ for units at Cole Manor.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $28,800 | $32,900 | $37,000 | $41,100 | $44,400 | $47,700 | $51,000 | $54,300 |
50% | $47,950 | $54,800 | $61,650 | $68,500 | $74,000 | $79,500 | $84,950 | $90,450 |
80% | $70,650 | $80,750 | $90,850 | $100,900 | $109,000 | $117,050 | $125,150 | $133,200 |
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 Renton but actual income limits may differ for units at Cole Manor.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $47,950 | $54,800 | $61,650 | $68,500 | $74,000 | $79,500 | $84,950 | $90,450 |
Low Income (60%) | $57,540 | $65,760 | $73,980 | $82,200 | $88,800 | $95,400 | $101,940 | $108,540 |
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.