Alderview
1402 E. Franklin Smith Way, Wasilla, AK
HUD lists it as senior housing · 3 studio, 9 1BR, 17 2BR
- Apartments
- 29
- Income-restricted
- 23
- Placed in service
- 2005
Alaska
Tax credit apartments in Wasilla, AK
HUD's database lists 15 properties in Wasilla built or rehabbed with low-income housing tax credits: 451 apartments, 375 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.
Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.
LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.
Birches I
251 E Kalli Cir, Wasilla, AK 99654
23 1BR, 9 2BR
- Apartments
- 32
- Income-restricted
- 32
- Placed in service
- 2002
Birches II
240 E Kalli Cir, Wasilla, AK 99654
HUD lists it as senior housing · 18 1BR, 10 2BR
- Apartments
- 28
- Income-restricted
- 28
- Placed in service
- 2007
Chinook Villa
1200 S Century Cir, Wasilla, AK 99654
32 1BR
- Apartments
- 32
- Income-restricted
- 31
- Placed in service
- 1993
Eagles Nest Senior Housing
110 E Frank Smith Way, Wasilla, AK 99654
HUD lists it as senior housing · 3 1BR, 23 2BR
- Apartments
- 26
- Income-restricted
- 17
- Placed in service
- 2003
Forest Hills I
1001 N Lucille St, Wasilla, AK 99654
14 2BR, 10 3BR
- Apartments
- 24
- Income-restricted
- 24
- Placed in service
- 2002
Forest Hills Phase II
1011 N Lucille St, Wasilla, AK 99654
HUD lists it as senior housing · 10 2BR, 7 3BR
- Apartments
- 17
- Income-restricted
- 16
- Placed in service
- 2003
Knik Manor
1351 S Century Cir, Wasilla, AK 99654
HUD lists it as senior housing · 13 1BR, 9 2BR
- Apartments
- 22
- Income-restricted
- 17
- Placed in service
- 2004
Raven Tree Court
1310 S Century Cir, Wasilla, AK 99654
26 2BR
- Apartments
- 26
- Income-restricted
- 11
- Placed in service
- 2001
Ridgecrest
199 E Kalli Cir, Wasilla, AK 99654
8 1BR, 16 2BR, 13 3BR, 3 4BR
- Apartments
- 40
- Income-restricted
- 40
- Placed in service
- 2002
Susitna Place Apts
1310 S Century Cir, Wasilla, AK 99654
24 1BR
- Apartments
- 24
- Income-restricted
- 24
- Placed in service
- 1998
Vista Rose Phase I
1250 N Lucille St, Wasilla, AK 99654
- Apartments
- 44
- Income-restricted
- 42
- Placed in service
- 2017
Vista Rose Phase II
1240 N Lucille St, Wasilla, AK 99654
- Apartments
- 36
- Income-restricted
- 36
- Placed in service
- 2018
Yenlo Phase I And II
402-451 North Yenlo Street, Wasilla, AK 99654
- Apartments
- 37
- Income-restricted
- n/a
- Placed in service
- n/a
Yenlo Square
402 N Yenlo St, Wasilla, AK 99654
27 1BR, 7 2BR
- Apartments
- 34
- Income-restricted
- 34
- Placed in service
- 2008
Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.
How tax credit apartments work
Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.
To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.
You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.