The Madison Apartments is managed by Cambridge Management, Inc..
Affordable Excellence
The Madison is located in the heart of First Hill, just minutes from downtown Seattle and anything you might need. Our studio and one-bedroom homes are affordably priced to suit those with limited incomes. Income restrictions apply to our affordable housing community. Give us a call to find out more about your new home!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 365 | From $1,045 To $1,162 |
One Bed One Bath (1/1) | 489 | From $1,120 To $1,245 |
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 The Madison Apartments.
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 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
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.