Colonial Square Apartments

701 Commerce St, Tacoma, Washington 98402

Located in the middle of restaurant row on Pacific Avenue and next to Old City Hall, Colonial provides the ultimate location for downtown apartment living. Studio and one bedroom units are available in the four-story traditional brick building. Colonial offers an onsite laundry and elevator service to all floors.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price
One Bedroom (1/1)	-	Call for Price

Eligibility for Colonial Square Apartments

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 Colonial Square Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$37,650	$43,000	$48,400	$53,750	$58,050	$62,350	$66,650	$70,950
Low Income (60%)	$45,180	$51,600	$58,080	$64,500	$69,660	$74,820	$79,980	$85,140

Colonial Square Apartments Details

44 studio and one bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
On-Site Laundry

Nearby Amenities

Close to Downtown District
Near Restaurants

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.