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LANCASTER BRIDGE APARTMENTS

 
Lancaster Bridge Apartments Photo
Lancaster Bridge
3384A NE Oxford Circle
Corvallis, OR 97330
Directions To This Location

HAS 50 RENTAL UNITS
THE COMPLEX WAS IN SERVICE 1996.

Phone#: (541) 757-0842

No Online Application Available

To be eligible for admission, applicants cannot have an annual gross income that exceeds 50 or 60% of the area median income. The applicant's net income must be at least two (2) times the rent level. Food stamps will be included in meeting the income requirement. Households consisting entirely of full time students are considered ineligible. A student is defined as an individual who attends school full-time (as defined by the institution being attended) for five (5) or more months in the upcoming twelve (12) months (commencing from the move-in date). Full-time students who work full-time are still considered students. Some exceptions do apply. You may ask for further clarification. We require that any prospective tenant must demonstrate the ability to pay monthly utilities and other expenses imperative for the survival of the household.

Property Type:  LIHTC
Lancaster Bridge 2 BEDROOM HC 2 BEDROOM 3 BEDROOM 4 BEDROOM
# OF APARTMENTS
2
13
31
4
*SQUARE FOOTAGE
840
840
1,088
1,360
UTILITY ALLOWANCE
$115
$115
$138
$182


**RENTS 50% 52% 53% 54%
2 BEDROOM HC $512 N/A N/A N/A
2 BEDROOM N/A $539 N/A N/A
3 BEDROOM N/A N/A $632 N/A
4 BEDROOM N/A N/A N/A $711


BENTON COUNTY % BASED INCOME LIMITS
  1 PER 2 PER 3 PER 4 PER 5 PER 6 PER 7 PER 8 PER
50% $24,800 $28,350 $31,900 $35,450 $38,300 $41,100 $43,950 $46,800
52% $25,792 $29,432 $33,176 $36,868 $39,832 $42,744 $45,708 $48,672
53% $26,288 $30,051 $33,814 $37,577 $40,598 $43,566 $46,587 $49,608
54% $26,784 $30,618 $34,452 $38,286 $41,364 $44,388 $47,466 $50,544

*SQUARE FOOTAGE IS APPROXIMATE
**Listed rent and utility allowance amounts and are subject to change without notice.
    Please call the property office for "to date" rent amounts.
03/01/2010

 
 
Specializing in, affordable housing management, apartment management, apartment rentals, HUD, LIHTC, HOME, Rural Development, RD.
  © Copyright 2005-2008 The Neel Management Team, Inc. All Rights Reserved. Design by Interspire  
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"This institution is an equal opportunity provider."
In accordance with Federal law and U.S. Department of Agriculture Policy, this institution is
prohibited from discriminating on the basis of Race, Color, National Origin, Sex, Age, or Disability
(Not all prohibitions apply to every program).

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