Bay Terrace

2550 S G St, Tacoma, Washington 98405

Contact Bay Terrace

Conveniently located in Tacoma’s Hilltop neighborhood, Bay Terrace is the newest midrise and townhome development offering a variety of apartments just perfect for Tacoma-bound commuting professionals and families looking for a closer place to call home.

Security Deposits: One (1) Bedroom - $375; Two (2) Bedroom - $475; Three (3) Bedroom - $550.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/2)	-	Call for Price

Eligibility for Bay Terrace

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 Tacoma but actual income limits may differ for units at Bay Terrace .

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$22,600	$25,800	$29,050	$32,250	$35,140	$40,280
50%	$37,650	$43,000	$48,400	$53,750	$58,050	$62,350
80%	$60,200	$68,800	$77,400	$86,000	$92,900	$99,800

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 Tacoma but actual income limits may differ for units at Bay Terrace .

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$37,650	$43,000	$48,400	$53,750	$58,050	$62,350

Bay Terrace Details

70 one, two and three bedroom units.
Public Housing
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Computer Lab
Community Room
24 Hour Maintenance

Unit Amenities

Washer and Dryer Hookup

Office Hours

Day	Hours
Monday	8:30am-4:00pm
Tuesday	8:30am-4:00pm
Thursday	8:30am-4:00pm
Friday	8:30am-4:00pm

Public Housing

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.

Low-Income Housing Tax Credit (LIHTC)

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.