Mercy Magnuson Place- North is managed by Mercy Housing.
Enjoy a bright, modern one (1), two (2), or three (3) bedroom apartment home. Mercy Magnuson Place- North is located in one of Seattle’s largest parks, with access to walking trails, athletics fields, playgrounds, and Lake Washington beaches right in your backyard. Enjoy the best Seattle has to offer at an affordable price!
The community offers open space, playgrounds, sports fields, and access to Lake Washington. The North phase provides 40 affordable, energy efficient apartment homes. Mercy Housing Northwest restored the former US Naval Barracks at Building 9 in Magnuson Park. The 240,000 sf historic structure was in operation until 1993. Mercy Magnuson Place now offers affordable housing, an early learning center and a health clinic.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
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 the Low-Income Housing Tax Credit program in Seattle but actual income limits may differ for units at Mercy Magnuson Place- North.
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 |
Day | Hours |
---|---|
Monday | 8:30am-5:30pm |
Tuesday | 8:30am-5:30pm |
Wednesday | 8:30am-5:30pm |
Thursday | 8:30am-5:30pm |
Friday | 8:30am-5:30pm |
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.