Riverview Apartments

401 E. 2nd Street, Twisp, Washington 98856

Contact Riverview Apartments

The Riverview Apartments are a 16-unit USDA-RD Family Housing complex located in beautiful Twisp WA which is located on the Methow River at its confluence with the Twisp River. The complex is located 1 block from downtown Twisp, the city park, community pool, and the Methow river. The area offers hunting, fishing, snow skiing and hiking. Riverview was originally built 1986 and renovated in 2012. The complex is comprised of four (4) one-bedroom units, eight (8) two-bedroom units, and four (4) three-bedroom units. The three bedroom units are townhome style. All units have full kitchens. The property has 16 units and offers project-based subsidy through the USDA Rental Assistance program for 15 units. Riverview is located in Okanogan County.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Income Based
Two Bedroom (2/1)	-	Income Based

Eligibility for Riverview 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 Twisp but actual income limits may differ for units at Riverview Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$29,250	$33,400	$37,600	$41,750
Low Income (60%)	$35,100	$40,080	$45,120	$50,100

Riverview Apartments Details

16 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance

Property Amenities

On-Site Manager
Off-Street Parking
Community Swimming Pool
Accessible Apartments

Nearby Amenities

Close to Downtown District

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.

Section 521 USDA Rental Assistance

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.