Raven Terrace is managed by Seattle Housing Authority.
Raven Terrace, located in the Yesler neighborhood, is designed to accommodate individuals and a range of family sizes. The apartments suited for large families have their own private entries, allowing easy access to the outdoors. The building features energy efficient appliances and lighting, and a green roof system. There are non-carpeted units for households with respiratory health considerations. The courtyard located in the interior of the building complex includes beautiful landscaping, pedestrian walkways, low-wall seating and outdoor lighting. All apartments in Raven Terrace have outlooks to the courtyard or surrounding neighborhood, and many units feature views of south Seattle and Mt. Rainier. Raven Terrace was named for a bird symbolic in many cultures and the symbol of “storyteller” in the Duwamish Tribe.
Project-Based Vouchers
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 693 | Call for Price |
2 Bedroom (2/1) | 976 | Call for Price |
3 Bedroom (3/2) | 1274 | Call for Price |
4 Bedroom (4/2) | 1522 | Call for Price |
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.
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.