All prices, amenities, concessions and lease terms are subject to change at any time without notice. Management may change, modify, add or remove any of the information on the website without prior notice and may change, modify, add or remove any portion of these terms and conditions at any time.
Income Limits
Rents are affordable at Alaska House thanks to Seattle, Washington and federal financing earmarked for this type of apartment building.
We agree to keep the rents affordable for a long time and we agree only to rent to those households for whom this housing is targeted.
Income levels are published once each year by the federal Department of Housing and Urban Development (HUD).
The highest household incomes allowed in order to rent at Alaska House are as follows:
Household Size |
Maximum Allowable Household Income |
1 |
$54,360 |
2 |
$62,160 |
3 |
$69,900 |
4 |
$77,640 |
5 |
$83,880 |
6 |
$90,120 |
7 |
$96,300 |
8 |
$102,540 |
Calculating Income
Here are a few of the steps in determining income eligibility. This is not meant to be a complete list. Contact our leasing staff for more details.
- Tenants need to qualify based on household income adjusted for their household size at the time of their initial lease. Income is defined as the gross amount of income anticipated to be received by all members of the household, with some exceptions, during the twelve (12) month period following the certification.
- Income calculations may include assets or other non-employment income.
- The leasing staff will verify all sources of income when you apply and will re-certify your income every year while you live here.
Income includes, but is not limited to:
- Employment income
- Self-employment Income
- Social Security, pensions, SSI, or disability income, AFDC
- Unemployment compensation
- Alimony or child support payments
- Recurring contributions and gifts
- Income from assets - interest, stocks, bonds, real estate, etc.
- You will be asked to complete forms that request information regarding household income, family composition, student status and financial assets. This information will aid the office team in determining your eligibility. The office team will be happy to assist you with the application process.
- After you move in, the staff will need to re-certify your households income and verify your households student status once a year.