Silver Hills Apartments LIHTCPB Section 8 Wallace, ID
Profile last updated · Data vintage: HUD FY2025
Silver Hills Apartments is a Project-Based Section 8 community in Wallace, ID with 24 units reporting 88% occupancy. Assisted residents pay about $359/month on average.
24
total units
88%
occupancy
$359
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Project-Based Section 8, Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 20 Bank St, Wallace, ID 83873 Map → |
| Average household income | $15,039/yr |
| Average personal income | $14,356/yr |
| People per unit | 1 |
| Moved in within last year | 10% |
| Households below 30% AMI | 67% |
| Households below 50% AMI | 100% |
| One-bedroom share | 100% |
How to apply at Silver Hills Apartments
LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
- Call or visit the management office at 20 Bank St, Wallace; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$359/mo average here).
Other subsidized housing in Wallace
- Canyonside LIHTCPB Section 8
← All subsidized housing in Wallace
Frequently asked questions
What kind of subsidy does Silver Hills Apartments have?
Project-Based Section 8; Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Silver Hills Apartments?
Residents report average rents near $359/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Silver Hills Apartments?
Contact the management office at 20 Bank St in Wallace. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.