Artspace Tashiro Kaplan Lofts Program Overview

Thank you for your interest in Artspace Tashiro Kaplan Lofts, an artist preference community. We participate in a LIHTC program, which allows us to provide rent-restricted housing to our residents whose income does not exceed the maximum allowable qualifications for their household size.

The total annual household income must be at or below the following income limits depending on the number household occupants.

 

AMI%	1 Person	2 People	3 People	4 People	5 People	6 People
50%	$57,550	$65,800	$74,000	$82,200	$88,800	$95,400
60%	$69,060	$78,960	$88,800	$98,640	$106,560	$114,480

 

The above chart reflects the most restrictive annual median income and rent limits effective 5/1/26 produced from WSHFC, City of Seattle, and Department of Commerce.

This property participates with additional funder(s) that might require a lower AMI % for income/rent requirement. Please contact the leasing office for further details and requirements based on unit specific needs.

 

Qualifying for Our Community

There are three (2) parts of the application and qualification process which must be met prior to being approved for move-in:

1.      Income pre-qualification and the rental screening application (appropriate fees collected at this time). Once this is approved you will be moved to the following step.

2.      LIHTC program eligibility paperwork and application. Once you are at this step, we will schedule an in-person appointment to go over the paperwork and assist you in completing the application. Requested documents are due within 7 days of initial request.

Pre-qualification Questionnaire

We will need to know answers to the following questions:

           - Desired home size (STU, 1, or 3 bedroom*)

           - Household size (total number of people residing in the home regardless of age)

           - Will there be full-time student(s) in the household?

           - Current household income source(s)

 

Rental Screening Application

The screening application includes a credit and landlord reference check. Each household member (age 18+) is required to complete a rental application; each applicant will need to pay the $9 (non-refundable) screening fee. Additionally, a holding deposit of $150 (part of the total security deposit**) will be due at the time of application to hold your desired apartment home.

 Applicants have 24 hours to cancel their application for the holding fee to be considered refundable.

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*3-bedroom apartment homes must be occupied by a minimum of 4 household members per program requirements

 

**The total security deposit will be determined upon rental screening results.