Cedarwood Apartments

220 White Avenue, Winthrop, Washington 98862

Contact Cedarwood Apartments

The Cedarwood Apartments are a 16-unit USDA-RD Family Housing complex located in beautiful Winthrop, WA just off Hwy 20 in the beautiful Methow Valley. Close to town as well as ski trails and ice skating. Summer river-rafting, bike trails and many other fun events are available nearby. The area offers hunting, fishing, skiing and hiking. Cedarwood was originally built 1990 and renovated in 2012. The complex is comprised of four (4) one-bedroom units and eight (8) two-bedroom units and four (4) bedroom units. Units come with full kitchens and upstairs units have small balconies. The property has 16 units and offer project-based subsidy through the USDA Rental Assistance program for 14 units. Cedarwood is located in Okanogan County.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Income Based
Three Bedroom (3/2)	-	Income Based

Eligibility for Cedarwood 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 Winthrop but actual income limits may differ for units at Cedarwood Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$29,250	$33,400	$37,600	$41,750	$45,100	$48,450
Low Income (60%)	$35,100	$40,080	$45,120	$50,100	$54,120	$58,140

Cedarwood Apartments Details

16 one and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Off-Street Parking

Unit Amenities

Balconies or Patios Available
Fully Equipped Kitchen

Nearby Amenities

Near Highway or Interstate

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 515 Rural Rental Housing

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.

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.