Hotel Olympus Apartments
from aptfinder.org
Print This Page
Back to List

815 Pacific Avenue
Tacoma, WA 98402 (map)
Pierce County


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:
Over a year


Special Eligibility:

This property is a Washington State Housing Finance Tax Credit property and Project Based Section 8 apartments for low income households. Your rent is based on the non-subsidized Tax Credit rents listed. Income limits apply. Please call for details and eligibility. We also accept housing authority provided Section 8 vouchers. 

Thank you for your interest in apartment living at Hotel Olympus. Rent is 1/3 of household income. 

You should be aware that because this is a tax credit property there are a few income qualifications (both minimum and maximum): As a single person living in a unit you must make no more than $33,885 per year. A couple (or two roommates) can make a combined income of under $38,700.  Three person household maximum is $43,560. Four person household maximum is $48,375. Please inquire if you have a household number greater than four.

We also have rules that stipulate that there must be at least one person living in each unit who is NOT a full time student.

Email HotelOlympus@alliedresidential.com to receive an application or stop by during office hours. When you return the application, bring a money order for $44 made out to Hotel Olympus for the screening and another one made out to Hotel Olympus for $250 to hold the apartment while the screening is being performed. If you pass the screening then the $250 is applied to your deposit. If you do not, it will be returned to you. Waitlist applications cost nothing to the applicant. 

If you have any questions, please let me know.

Thank You,

Mandi Hansen ARM® | Community Manager 

hotelolympus@alliedresidential.com


Description:

If the lively city lifestyle is what you prefer, then you will be delighted by the variety of shops and restaurants just outside your door, the convenience of the theaters, the library, UW's Tacoma campus, museums, galleries, and many other attractions just blocks away. If privacy is more your style, then you can relax in the comfort of your own apartment with family, friends, or a good book. Whatever your preference, you'll love coming home to the Olympus Hotel Apartments

* Beautiful Historic Building
* Studios, 1 & 2 Bedroom Apartments
* 49 Unique Designs
* Modern Kitchens with Refrigerator & Range
* Panaramic Views of Downtown & Commencement Bay
* Debit card and Coin-Operated Laundry Facility
* On the Bus Line
* Close to Shopping, Dining, Libraries, Parks
* Easy Access to Transportation
* Elevator Access
* Daily Garbage Service provided
* Secured Door Entry
* View
* Vaulted Ceiling


Main Contact for Inquires and Application

Name: Mandi H. Phone: 253-274-1250
Title: Community Manager Fax: 253-404-0161
Company: Allied Residential TDD: Call 711 for free relay service
Address: 815 Pacific Ave Email: hotelolympus@alliedresidential.com
Tacoma, WA 98402 Website: https://www.hotelolympusapts.com/
Office Hours: Mon - Fri 10am - 5pm
Management Contact

Name: Allied Residential Phone: 425-226-5150
Title: Property Management Fax: 425-226-6998
Company: Email: Corporate@alliedresidential.com
Address: 1601 East Valley Rd # 180 Website: www.alliedresidential.com
Renton, WA 98057

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: Extremely Low, Very Low, Low,
Income Limit Details:

Applicant's income must be below Tax Credit income 45% limits. Applicants must make UNDER the listed annual income limits.

1 Occupant $33,885; 2 Occupants $38,700; 3 Occupants $43,550; 4 Occupants $48,375; 5 Occupants $52,245; 6 Occupants $56,115.

 

Amenities

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

Handicap Accessible Units
Property offers Wheelchair Accessible Apartments

These properties offer apartments that are accessible to persons in wheelchairs or have features desirable and useful to persons in wheelchairs or with mobility impairments. Some properties have apartments that are fully accessible and some have apartments that have been adapted to include accessible features. In accordance with the Fair Housing Act and ADA, all properties that are not specifically exempt will have common areas, pathways and offices that are accessible, or must make arrangements at the property to accommodate persons with mobility impairments. Accessible apartment features vary from property to property, but may include one or more of the following features:
Walk in showers or adapted bath tubs
Grab bars
Hand held Shower
Widened doorways and larger rooms
Lowered cabinets and countertops
Accessible countertops and sink
Accessible appliances
Levered door and faucet handles
Accessible switches and plugs
Lowered peep holes in doors
Hard flooring (non-carpeted)
Visible doorbells, smoke detectors, braille signage and documents

Please call the MAIN CONTACT on each property listing for specific accessibility features available at the property and in the apartments.


Proximity to transit: Under One Block


Other Amenities:

Screening Fee of $44.00 per adult required. Refundable security deposit due at move-in. Water, sewer, garbage, and the heating of the water, are included in rent.

Secured Entry. Video Survailence in lobby. Easy access to public transportation. On the bus line. Next to Tacoma Light Rail. Close to shopping, dining, library, and parks. Walkability score 94/100. Daily garbage service. Professional staff. View of downtown & Commencement Bay. Coin-op laundry facilities on each floor of the building.



Background Screening Information

Accepting Comprehensive Re-usable Tenant Screening Reports
Not Accepting Comprehensive Re-usable Tenant Screening Reports


Screening Information and Cost (If Any):

$44 per person 

A comprehensive re-usable tenant screening report (portable report) means a tenant screening report, prepared by a consumer reporting agency at the direction of and paid for by the prospective tenant, and made available directly to a prospective landlord at no charge. Reports are re-usable for 30 days for multiple landlords.

In accordance with Senate Bill 6413 effective 6/9/2016, landlords have the option to either accept or not accept portable reports, and the landlords decision must be included in the landlord’s posted rental criteria.

If the landlord indicates its willingness to accept a comprehensive reusable tenant (portable) screening report, the landlord may access the landlord's own tenant screening report, regarding a prospective tenant, as long as the prospective tenant is not charged for the landlord's own tenant screening report.

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$789
-
$117511 Unit(s) 
1 Bedroom$845
-
$131127 Unit(s) 
2 Bedrooms$1011
-
$164711 Unit(s) 

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

Rent Detail:

This property is a Washington State Housing Finance Tax Credit property and offers affordable non-subsidized apartments for low income households. Your rent is based on the non-subsidized Tax Credit rents listed. The rent you will qualify for will depend upon your income and availability of the units at the differing rents. Income limits apply. Please call for details and eligibility. We also accept housing authority provided Section 8 vouchers.


Equal Housing Opportunity -
This Page was Last Updated November 16, 2023

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, ARHC of WA - Affordable Rural Housing Council and our many listing properties.

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