2901 Mary Ann Ln, Bay Point, CA 94565
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 625 - 865 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Nestled in a lovely scenic area of northern California, Hidden Cove Apartments is a friendly apartment home community in a prime location. The unique one and two bedroom floor plans offer style and sophistication that is second to none. Each of the apartments for rent features a balcony or patio, ceiling fans, and spacious walk-in closets. Stay comfortable year-round with central air and heating, and enjoy the convenience of some paid utilities. You can cook gourmet meals in your new kitchen equipped with a refrigerator and dishwasher!
The professional team is ready to provide you with the quality service you deserve. On-call and on-site maintenance are offered along with part-time courtesy patrol, and convenient disability access. Take advantage of the on-site laundry facility, covered and assigned parking, the lovely landscaping, and many public parks nearby.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Hidden Cove Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 625ft2 | Call for Price† |
| Two Bedroom One Bath (2/1) | 815ft2 | Call for Price† |
| Two Bedroom Two Bath (2/2) | 865ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year |
| 50% AMI for PBRA Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year |
| 60% AMI for LIHTC Units | $62,160 / year | $71,040 / year | $79,920 / year | $88,740 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Hidden Cove Apartments have a waiting list?
Hidden Cove Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Hidden Cove Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Hidden Cove Apartments?
Hidden Cove Apartments is managed by Aperto Property Management, Inc. headquartered in Laguna Hills, CA.
In addition to Hidden Cove Apartments, how many other affordable housing properties (and units) are there in Bay Point?
In addition to Hidden Cove Apartments, we list 7 other affordable properties in Bay Point. Learn about these properties here. Our data research shows that there are a total of 731 affordable units in Bay Point.
When was the Hidden Cove Apartments listing last updated?
Hidden Cove Apartments listing on Affordable Housing Online was last updated on 07/20/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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