Affordable Homes
(MFTE & MHA)
LIMITED TIME
Now Offering 10 Weeks Free on Select Homes PLUS 2 Additional Weeks Free When You Look & Lease!
WELCOME HOME
Now Leasing Income Restricted Homes
900 Rainier is proud to offer 30% of all homes (110 total) as income restricted housing units through Seattle’s Multifamily Tax Exemption (MFTE) and Mandatory Housing Affordability (MHA) programs to make high-quality apartment living more attainable in the Seattle community.
To qualify for these programs, households must fall within certain income limits, which vary based on the size of your household and number of bedrooms. After completing Thrive’s standard application and screening process, the leasing team will need to certify that your household income is eligible for the program associated with the home you’ve selected. If approved, your income-qualified rent will be capped at a maximum amount for the length of your lease term.
900 Rainier Income Restrictions
900 Rainier offers a limited number of rent-restricted homes through Seattle’s affordable housing programs (MFTE and MHA). Eligibility is based on household size and total gross annual household income compared to published AMI income limits.
MFTE Income Restrictions
- SEDU Homes: 40% AMI
- Studio & Open 1-Bedroom: 60% AMI
- 1-Bedroom: 70% AMI
- 2-Bedroom: 85% AMI
MHA Income Restrictions
- Open 1-Bedroom: 40% & 60% AMI
- 1-Bedroom: 40% & 60% AMI
- 2-Bedroom: 40% & 60% AMI
Included in rent:
Water, sewer, and garbage.
(Electricity is billed separately)
How to Apply
Complete Income & Credit Screening
Before applying for an MFTE/MHA home, please review the rent and income limits to confirm eligibility and ensure your household income does not exceed the program’s maximum limits, which are based on a percentage of the Area Median Income (AMI).
Compliance Team Will Reach Out
Once your screening is complete our Compliance team will contact you directly to begin the MFTE/MHA process
Submit Verification Documents
Compliance will assist with you with collecting all proof of income and any other verifications required to determine eligibility.
Approval & Lease Start
Once approved, your lease is expected to begin within 10 days of compliance approval. The leasing team will contact you with your welcome letter, lease, and additional move-in details.
FAQS
What counts as income?
Income includes most sources of money received by all adult household members. This may include wages from employment, self-employment income, unemployment benefits, Social Security, SSI/SSDI, pensions, child support, alimony, and other regular sources of income. All income must be verified during the application process. Additionally, all non-work or benefit-related deposits reflected in asset accounts are included when calculating income.
What is the maximum occupancy?
- Studio: Up to 2 people
- 1 Bedroom: Up to 3 people
- 2 Bedroom: Up to 5 people
Are utilities included?
- Included in rent: water, sewer, and garbage
- Electricity is billed separately