MULTE Program
Fargo Apartments is excited to offer MULTE units. Some of the apartments displayed may be designated as MULTE units, which require income qualification and verification as part of the application process.
Fargo Apartments participates in the Multiple-Unit Limited Tax Exemption (MULTE) Program, an affordable housing initiative administered by the Portland Housing Bureau. Through this program, a limited number of apartment homes are offered at restricted rental rates.
To qualify for a MULTE apartment home, household income must fall within the Area Median Income (AMI) limits established for the program. These income limits are published annually by HUD. Fargo Apartments offers MULTE units designated at 60% AMI for households that meet the program's eligibility requirements.
You can learn more about current income, rent, and utility limits on PHB's website.
Income Limits for MULTE Homes
| Household Size | Maximum Annual Income |
|---|---|
| 1 Person | $52,140 |
| 2 People | $59,580 |
| 3 People | $67,020 |
| 4 People | $74,460 |
| 5 People | $80,460 |
| 6 People | $86,400 |
| 7 People | $92,340 |
| 8 People | $98,340 |
| 9 People | $104,280 |
| 10 People | $110,220 |
For more information, reach out to a friendly member of our team today by calling (971) 233-4407.
Please review the below qualifying criteria. This is not a complete list of requirements.
Your qualification is based on the entire household's income including wages, social security, pensions or disability income, unemployment compensation, alimony or child support income, and income from assets.
Qualification is determined at the time of your initial application and recertified annually.
Income is defined as the gross amount of income anticipated to be received by all members of the household, with some exceptions, during a 12-month period following the lease start date.