Leisure Way Apartments
203 N. Storie, Wallowa, OR 97885
Leisure Way Apartments is an 8 unit HUD Section 8 Senior & Disabled project located in Wallowa, Oregon.
Leisure Way was built in 1981 and completely rehabilitated and recapitalized in 2011. The unit mix consists of 7 one bedroom and 1 two bedroom units.
The average income of the current households living at Leisure way Apartments is less than 20% of the area median income and is currently less than $10,000 per year.
|Loan - Bank of Eastern Oregon||$190,000|
|General Housing Account Program||$200,000|
|Housing Preservation Funds||$68,300|
|Total Project Costs||$570,636|
|Federal Rental Assistance Preserved|
|Total Original Units of Project Based Rental Assistance||8|
|Total "New" Units of Project Based Rental Assistance||0|
|Total Units of Project Based Rental Assistance Preserved||8|
|Total Value of Project Based Rental Assistance Over 30 Years|
(for Section 8 projects based on $5,581 per unit/per year in 2012 dollars)