Compass Broadview is managed by Quantum Management Services.
- NOW ACCEPTING INTEREST LIST APPLICATIONS -
Compass Broadview will provide 59 units of mixed-use permanent affordable housing on Greenwood Avenue North. Compass Broadview builds on the innovative approach of housing 50% Annual Median Income (AMI) and 30% AMI families and individuals and people with disabilities.
Built on land purchased from Luther Memorial Lutheran Church, Compass Broadview will consist of studio, one-, two-, and three-bedroom units. More than half are two or three-bedroom units to welcome families with children. Compass Broadview welcomes families and individuals across a wide range of ages and backgrounds to apply.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price |
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
3 Bedroom (3/1) | - | Call for Price |
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 Seattle but actual income limits may differ for units at Compass Broadview.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $28,800 | $32,900 | $37,000 | $41,100 | $44,400 | $47,700 |
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 Seattle but actual income limits may differ for units at Compass Broadview.
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 |
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.