Spenard East Phase I — Income-Restricted Housing in Anchorage, AK 99503

1285 Chugach Way, Anchorage, AK 99503

Tax creditHUD 811 (disability)

29 units · Studio

Leasing office: (907) 793-3000Directions

How to apply

  1. Call the leasing office at (907) 793-3000 to ask about applying, vacancies, and waiting lists.
  2. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
2021
Bedrooms
5 Studio

Nearby income-restricted buildings

Rents and income limits in 99503

Fair market rent, 2 bedrooms
$1,750/mo
Income needed to pay it at 30% of income
$70,000/yr
Renters in 99503 paying 30% or more of income on rent
45%

Income limits (2026)

Bethel Census Area, AK area · median family income $83,000. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$23,750$39,550$63,300
2$27,150$45,200$72,350
3$34,150$50,850$81,400
4$41,250$56,500$90,400
5$48,350$61,050$97,650
6$55,450$65,550$104,900
7$62,550$70,100$112,100
8$69,650$74,600$119,350

Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.

Fair market rents (2027)

HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.

Size99503Wider area
Studio$1,520$1,738
1 bedroom$1,550$1,811
2 bedrooms$1,750$1,971
3 bedrooms$2,100$2,348
4 bedrooms$2,470$2,590

Wider area = Bethel Census Area, AK.

Census figures for 99503 (2020–2024 average): median rent $1,192. Median household income $76,144. 68% of homes are rented. 45% of renters pay 30% or more of their income on rent, and 19% pay half or more.

Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.

Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.

Estimate your Section 8 rent share

Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 99503's fair market rent.

Estimate your Section 8 rent share for 99503

Frequently Asked Questions

How do I apply to Spenard East Phase I?

Call (907) 793-3000 and ask about applying, vacancies, and waiting lists at Spenard East Phase I in Anchorage, AK 99503. These records do not show openings.

Is Spenard East Phase I Section 8 housing?

Spenard East Phase I is listed with a HUD-assisted or project-based Section 8 contract. The subsidy stays with the apartment. A Housing Choice Voucher is different — you apply with the housing authority. Confirm the program when you call.

How many units are at Spenard East Phase I?

Public records list 29 units at Spenard East Phase I in Anchorage, AK 99503. That is a building size, not a count of open apartments.

Are there other affordable apartments near Spenard East Phase I?

Yes — this page lists other income-restricted buildings in 99503 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.

People Also Ask

How do I get into Spenard East Phase I?

Call the number on this page and ask about the waiting list or how to apply at Spenard East Phase I in Anchorage, AK 99503. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.

How do I qualify for affordable housing in Anchorage, AK 99503?

Most income-restricted buildings in Anchorage, AK 99503 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $39,550, and $56,500 for a 4-person household. Public housing can go up to 80% ($63,300 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.

What is the income limit for low-income housing in Anchorage, AK 99503?

For many programs in Anchorage, AK 99503, the 2026 HUD very low-income (50%) limit is $39,550 a year for 1 person and $56,500 for 4 people. The low-income (80%) limit is $63,300 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.

How much rent do you pay for low-income housing in Anchorage, AK 99503?

In public housing and most Section 8 in Anchorage, AK 99503, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Anchorage, AK 99503 is $1,750 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.

Does Spenard East Phase I take Section 8 vouchers?

Spenard East Phase I is listed with project-based Section 8 or HUD assistance — the subsidy is on the unit, so you usually apply at the building rather than bringing a tenant voucher. Ask when you call whether they also accept Housing Choice Vouchers.

Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction. To add a different building, use the suggestion rubric.