Bellevue Olive Apartments
from aptfinder.org
Print This Page
Back to List

1641 Bellevue Ave
Seattle, WA 98122 (map)
King County
Seattle Proximity: Core - East of I-5


Property Category:

Individual/Family

Properties for Individuals and Families

These properties have open eligibility in that they do not restrict occupancy to a particular age population (seniors) or disabled households. Most properties will require that the head of household be over the age of 18 or an emancipated minor. The number of persons in an apartment will be restricted to bedroom size, in most cases, and a few properties have set-aside certain units within their property for seniors and/or persons with a disability. Single persons, roommates, couples and families are welcome at these properties- unless otherwise indicated on the listing.

Please call the MAIN CONTACT on each property listing for specific program or property eligibility.

Approximate Wait:
No waiting list at this time


Special Eligibility:

This property does not offer direct subsidy but has rents and income restrictions affordable to low income households through the Washington State Tax Credit program. Your rent will be based on your qualifying income level between the rents listed below. Accepting Section 8 vouchers. Income limits apply.


Description:

Built in 1995, this modern 5-story building is easily accessible to I-5. Units offer excellent floor plans, easy access to major Metro bus lines, and are within walking distance to downtown shopping, restaurants and theaters. Clean and spacious units, intercom-controlled access, laundry facilities on site, garage parking, and on-site Resident Manager.


Main Contact for Inquires and Application

Name: Hank Williams Phone: 206-628-9699
Title: Resident Manager Fax:
Company: TDD: Call 711 for free relay service
Address: 527 12th Avenue E Email: bell_mercer@bellwetherhousing.org
Seattle, WA 98122 Website: www.bellwetherhousing.org
Office Hours: 8am to 5:00pm, Monday thru Friday
Management Contact

Name: Bellwether Housing Phone: 206-622-2893
Title: Fax: 206-622-4768
Company: Email: cambridge@bellwetherhousing.org
Address: 1651 Bellevue Ave Website: www.bellwetherhousing.org
Seattle, WA 98122

Program Type(s)

Properties that Accept Housing Authority provided Tenant-Based Vouchers

Properties that accept Tenant-Based Housing Authority Provided Vouchers

Properties in this category are private or publically owned properties that accept applicants with a Housing Authority provided Housing Choice Section 8 voucher or certificate. You must first have applied and received a voucher through your local housing authority program. You should contact your city or county Housing Authority directly for an application for their voucher/subsidy program.

All properties listed on our site that do not have Project-Based subsidy through another government program will take a Section 8 voucher. Vouchers are portable and transferrable because they stay with the household, not the property, once you move out of the property. Then you can take your voucher to a property that accepts them and receive a subsidized rent.

With a voucher or certificate, you will generally only pay 30% of your monthly household income for rent. Maximum rent amounts that the owner can charge are designated by the Federal Government and income limits apply. If an owner wishes to charge more than the maximum rent authorized by the housing authority, the tenant may be asked to pay all or part of the difference.

Please call the MAIN CONTACT on each property listing for specific program or property eligibility.

Properties that offer Washington State Housing Tax Credit Affordable apartments (non-subsidized)

Properties that offer Washington State Housing Tax Credit Affordable apartments (non-subsidized)

These properties have entered into a long term contract with the Washington State Housing Finance Commission to keep rents affordable to low income households for at least 21 years. In exchange for their commitment, owners of Tax Credit properties (LIHTC) are able to reduce their IRS tax assessment as long as qualified families are placed in their apartments and remain income qualified.

These properties do not have Project-Based subsidy, so unless there is another subsidy program "layered" into a Tax Credit property, or you have a Housing Authority Section 8 Voucher, your rent will not be subsidized. The rent you will qualify for at these properties are restricted by HUD rent limits and will depend upon your annual income level. These are called income set-asides. The property may have rent ranges, lowest to highest, but a family in a higher income level may not qualify for the lowest rent level. There may also be some other set asides at the property, called occupancy set asides, such as for large families, disabled households or farm labor households. Properties with these types of set asides would give preference for rents and units to households that qualify.

Waiting lists can also vary greatly at these properties. There are often much longer wait times for the lower rent amounts and may be no wait at all for the higher rent amounts at the property. In addition, often your annual income level may determine which unit you will qualify for. This can also effect the time you may need to wait for a unit to become available.

For example,
Let's say a property has a Tax Credit income set aside of 30% units at a rent of $350 per month. That rent is only available if your gross annual income is less than, for example, $15,000 per year. If all of the 30% units are currently occupied, your household could not immediately move-in to a 30% unit. You may have to either wait for a 30% unit to become available, or, if you can afford a higher rent, you can move-in more quickly.

Tax Credit properties usually have more than one income set aside, so units are generally offered at varying rents between 30%-80% area median income. They will also generally have a minimum monthly income requirement, such as 2x the amount of the rent.

Please call the MAIN CONTACT on each property listing for specific program or property eligibility.

Income Limit Category: Low,
Income Limit Details: Below WSHFC Tax Credit Income Limits. Serving households earning below 50% to 60% of area median income.

Amenities

Cable TV Hookup
Carpet
Dishwasher
Elevator
Non-Smoking Property
Laundry Room on Property

Proximity to transit: Front Door Pick-up



Bedroom Sizes and Rent Structure

These rent amounts are generally the lowest and highest rents currently reported at this property. Please call the main contact listed above for details and requirements.

# of Bedrooms
Rent Range
# of units
Studio$696
-
$7338 Unit(s) 
1 Bedroom$815
-
$91924 Unit(s) 
2 Bedrooms$899
-
$11004 Unit(s) 
3 Bedrooms$1015
-
$101512 Unit(s) 

Total Units:Directly Subsidized (Project-Based) Units:
48 Units0 Units

Rent Detail: This property does not offer direct subsidy but has rents and income restrictions affordable to low income households through the Washington State Tax Credit program. Your rent will be based on your qualifying income level between the rents listed. Accepting Section 8 vouchers. Income limits apply.

Equal Housing Opportunity -

This Page was Last Updated April 03, 2013

AptFinder.org does not provide personalized housing locator services. Properties listed with us have not been inspected by us and although we do our best to keep information current and accurate, we do not take responsibility for management of the properties or accuracy on the information provided on our listings. Please make sure you read over the listings carefully. If you need more information regarding the property, please contact the main contact listed on their page directly. Aptfinder.org is a 501c3 Non -Profit corporation developed and supported by AHMA of WA - Affordable Housing Management Association, CARH of WA - Council for Affordable and Rural Housing and our many listing properties.

©2013 aptfinder.org, a non-profit corporation of Multifamily Affordable Properties (MAP)