Washington

Tax credit apartments in Lynnwood, WA

HUD's database lists 22 properties in Lynnwood built or rehabbed with low-income housing tax credits: 4,256 apartments, 3,956 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 Listings come from HUD's database and may be out of date.

Alderwood Court Apartments

18420 36th Avenue West, Lynnwood, WA 98037

HUD lists it as senior housing · 65 1BR, 65 2BR

Apartments
130
Income-restricted
128
Placed in service
2003

Beaver Cove Apartment Homes

19800 50th Avenue West, Lynnwood, WA 98036

28 1BR, 90 2BR

Apartments
118
Income-restricted
116
Placed in service
2016

Beaver Creek Apartment Homes

4807 200th St. SW, Lynnwood, WA 98036

32 1BR, 66 2BR, 21 3BR

Apartments
119
Income-restricted
118
Placed in service
2015

Bristol Square II

15700 - 44th Ave W, Lynnwood, WA 98087

12 1BR, 74 2BR, 10 3BR

Apartments
96
Income-restricted
94
Placed in service
1994

Citycenter Apartments

3720 196th Street Southwest, Lynnwood, WA 98036

64 studio, 268 1BR, 15 2BR

Apartments
347
Income-restricted
345
Placed in service
2018

Douglas, The

5031 208th Street SW, Lynnwood, WA 98036

16 1BR, 31 2BR, 15 3BR

Apartments
62
Income-restricted
61
Placed in service
2015

Garden Senior Village

6425 - 196th Street SW, Lynnwood, WA 98036

HUD lists it as senior housing · 109 1BR, 13 2BR

Apartments
122
Income-restricted
121
Placed in service
1997

Lincoln Way Apartments - Phase 2

2721 Lincoln Way, Lynnwood, WA 98087

12 1BR, 19 2BR, 19 3BR

Apartments
50
Income-restricted
49
Placed in service
2001

Lynnwood City Center Senior Living

19501-40th Avenue West, Lynnwood, WA 98036

Apartments
308
Income-restricted
62
Placed in service
2017

Madison Way Apartments

14615 Madison Way, Lynnwood, WA 98087

56 1BR, 32 2BR, 32 3BR, 60 4BR

Apartments
180
Income-restricted
177
Placed in service
2017

Novo On 52nd

18225 52nd Ave W, Lynnwood, WA 98037

66 1BR, 146 2BR, 24 3BR, 6 4BR

Apartments
242
Income-restricted
242
Placed in service
2023

Oxford Square

4807 200th St SW, Lynnwood, WA 98036

33 1BR, 64 2BR, 23 3BR

Apartments
120
Income-restricted
118
Placed in service
2014

Pepperwood Senior Apartments

19924 Scriber Lake Road, Lynnwood, WA 98036

HUD lists it as senior housing · 10 1BR, 15 2BR

Apartments
25
Income-restricted
25
Placed in service
2004

Ravenswood Apartments

16003 Admiralty Way, Lynnwood, WA 98037

60 1BR, 80 2BR, 80 3BR, 75 4BR

Apartments
295
Income-restricted
292
Placed in service
2022

Reserve At Lynnwood

19815 Scriber Lake Rd SW, Lynnwood, WA 98036

22 studio, 258 1BR, 15 2BR

Apartments
295
Income-restricted
293
Placed in service
2020

Scriber Creek

20921 44th Avenue West, Lynnwood, WA 98036

66 1BR, 83 2BR, 60 3BR, 67 4BR

Apartments
276
Income-restricted
272
Placed in service
2017

Urban Center Apartments (Ash Way)

15907 Ash Way, Lynnwood, WA 98087

240 1BR, 135 2BR, 20 3BR

Apartments
395
Income-restricted
393
Placed in service
2014

Vantage Apartments

12909 Mukilteo Speedway, Lynnwood, WA 98037

7 1BR, 60 2BR, 63 3BR, 71 4BR

Apartments
201
Income-restricted
199
Placed in service
2014

Vantage II

12909 Mukilteo Speedway, Lynnwood, WA 98087

18 1BR, 84 2BR, 57 3BR, 17 4BR

Apartments
176
Income-restricted
174
Placed in service
2022

Whispering Pines Apartments

18201 52nd Ave W, Lynnwood, WA 98037

76 1BR, 158 2BR, 6 3BR

Apartments
240
Income-restricted
223
Placed in service
1996

Woodland Greens

19801 50th Ave. W, Lynnwood, WA 98036

120 1BR, 120 2BR

Apartments
240
Income-restricted
237
Placed in service
1998

Ywca Snohomish Portfolio

19703 68th Avenue W, Lynnwood, WA 98036

27 1BR, 119 2BR, 18 3BR, 54 4BR

Apartments
219
Income-restricted
217
Placed in service
2018

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.