Danwood Apartments is managed by Spokane Housing Ventures (SHV).
Danwood Apartments are a comfortable affordable family property located next to the Silverdale Mall. We have 1, 2 and 3 bedroom apartments at rent restricted levels with limited Rental Assistance available to qualifying households. Very close to schools and shopping. Rent Detail%3A This property offers 8 out of 40 units of rental assistance subsidy through the USDA Rental Assistance program. With subsidy you will pay 30%25 of your income for rent. If subsidy is not available there will be a base rent that you will be required to pay %28non-subsidized rent%29 up to the maximum rents listed below. Please call the property for details.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 576 | $529 |
Two Bedroom (2/1) | 718 | $656 |
Three Bedroom (3/1) | 1036 | $937 |
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 Silverdale but actual income limits may differ for units at Danwood Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $38,150 | $43,600 | $49,050 | $54,450 | $58,850 | $63,200 |
Low Income (60%) | $45,780 | $52,320 | $58,860 | $65,340 | $70,620 | $75,840 |
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.
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.