Ashwood Downs
1900 Ashwood Downs Lane SE, Olympia, WA 98501
72 2BR, 24 3BR
- Apartments
- 96
- Income-restricted
- 95
- Placed in service
- 2013
Washington
Tax credit apartments in Olympia, WA
HUD's database lists 20 properties in Olympia built or rehabbed with low-income housing tax credits: 2,153 apartments, 1,990 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 Listings come from HUD's database and may be out of date.
Billy Frank Jr. Place
318 State Avenue, Olympia, WA 98501
15 studio, 21 1BR, 7 2BR
- Apartments
- 43
- Income-restricted
- 42
- Placed in service
- 2017
Boardwalk Apartments
410 + 510 Capitol Way North, Olympia, WA 98501
HUD lists it as senior housing · 190 1BR, 94 2BR
- Apartments
- 284
- Income-restricted
- 280
- Placed in service
- 2000
Copper Trail
701 Alta Street Sw,, Olympia, WA 98502
44 1BR, 154 2BR, 62 3BR
- Apartments
- 260
- Income-restricted
- 258
- Placed in service
- 2015
Courtside Apartments
515 Courtside St., SW, Olympia, WA 98502
20 studio, 62 1BR, 84 2BR, 45 3BR
- Apartments
- 211
- Income-restricted
- 209
- Placed in service
- 1997
Crowne Pointe Apartments
2800 Limited Lane, Olympia, WA 98502
60 1BR, 86 2BR, 14 3BR
- Apartments
- 160
- Income-restricted
- 158
- Placed in service
- 2007
Drexel House
606 Devoe St SE, Olympia, WA 98501
25 studio
- Apartments
- 26
- Income-restricted
- 25
- Placed in service
- 2007
Drexel House II
607 Pattison St SE, Olympia, WA 98501
50 studio
- Apartments
- 50
- Income-restricted
- 50
- Placed in service
- 2017
Evergreen Villages
505 NW Division Street, Olympia, WA 98502
72 1BR, 54 2BR, 36 3BR, 18 4BR
- Apartments
- 180
- Income-restricted
- 178
- Placed in service
- 2018
Evergreen Vista I
1209 Fern St SW, Olympia, WA 98502
29 2BR, 75 3BR
- Apartments
- 104
- Income-restricted
- 102
- Placed in service
- 2012
Evergreen Vista II
1225 Fern St SW, Olympia, WA 98502
12 1BR, 27 2BR, 12 3BR
- Apartments
- 51
- Income-restricted
- 50
- Placed in service
- 2007
Fern Ridge
1309 Fern St SW, Olympia, WA 98502
16 1BR, 21 2BR, 12 3BR
- Apartments
- 49
- Income-restricted
- 49
- Placed in service
- 1995
Fern Ridge II
1309 Fern St SW, Olympia, WA 98501
18 1BR, 16 2BR, 16 3BR
- Apartments
- 50
- Income-restricted
- 49
- Placed in service
- 1995
Fleetwood Apartments
119 East 7th Street, Olympia, WA 98504
42 studio
- Apartments
- 43
- Income-restricted
- 42
- Placed in service
- 1997
Landing, The
620 Fieldstone Drive SW, Olympia, WA 98502
20 1BR, 23 2BR, 19 3BR
- Apartments
- 62
- Income-restricted
- 62
- Placed in service
- 2023
Lotus Court
2828 Martin Way E, Olympia, WA 98506
40 studio, 24 1BR
- Apartments
- 64
- Income-restricted
- 64
- Placed in service
- 2024
Olympia Vista Apartments
3600 Forestbrooke Way SW, Olympia, WA 98502
HUD lists it as senior housing · 96 1BR, 45 2BR
- Apartments
- 141
- Income-restricted
- 141
- Placed in service
- 2015
Olympic Heights
300 Kenyon St NW, Olympia, WA 98502
60 1BR, 78 2BR, 40 3BR
- Apartments
- 178
- Income-restricted
- 36
- Placed in service
- n/a
Stuart Place
110 Legion Way SE, Olympia, WA 98501
8 studio, 24 1BR, 4 2BR
- Apartments
- 36
- Income-restricted
- 36
- Placed in service
- 1994
Unity Commons
161 Pattison St NE, Olympia, WA 98506
53 studio, 12 1BR
- Apartments
- 65
- Income-restricted
- 64
- Placed in service
- 2022
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.