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Income Limited Homes
Ion Town Center is proud to participate in the Shoreline Multifamily Property Tax Exemption (MFTE) program to provide rent-restricted homes to those with limited income. The maximum allowable income is determined by the City, expressed as a percentage of Area Median Income (%AMI). For more information on the MFTE program please click here.
MFTE RENT:
- Studios - $1199*
- Open 1-bedrooms - $1,399*
- 1-bedrooms - $1,799*
- 2-bedrooms - $2,199*
You may qualify for an income-limited home if your household income is at or below the following ranges*. Contact us to see if you qualify. *Terms and conditions apply
| Household Size | 70% AMI | 80% AMI |
|---|---|---|
| 1 Person | $74,900 | - |
| 2 Persons | $85,600 | $121,200 |
| 3 Persons | $96,300 | $136,350 |
| 4 Persons | $106,950 | $151,450 |
| 5 Persons | $115,550 | $163,600 |
*Pricing and availability are subject to change. Rent is based on monthly frequency. Additional fees may apply, such as but not limited to utilities, renters insurance, etc. Please see a representative for details. Terms and Conditions apply
Contact us to learn more
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