3120 Pine Street, Paso Robles, CA 93446
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley, Ayat Elkarib| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 4 Beds | 1 - 2 Baths | 803 - 1,531 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.
Located at the heart of the picturesque central coast, your invited to experience Oak Park 3! They offer one, two, three and four bedroom apartment homes for families between 30%-60% of the area median income. They are close to shopping, dining and entertainment...Oak Park 3 is sure to have something for you!
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 Oak Park 3 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 (1/1) | 803ft2 | Call for Price† |
| One Bedroom Flat (1/1) | 804ft2 | Call for Price† |
| One Bedroom 2-Story (1/1) | 804ft2 | Call for Price† |
| Two Bedroom Flat (2/1) | 1024ft2 | Call for Price† |
| Two Bedroom 1 (2/1) | 1024ft2 | Call for Price† |
| Two Bedroom 2-Story (2/2) | 1149ft2 | Call for Price† |
| Three Bedroom (3/2) | 1373ft2 | Call for Price† |
| Four Bedroom (4/2) | 1531ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $40,550 / year | $46,350 / year | $52,150 / year | $57,900 / year | $62,550 / year | $67,200 / year | $71,800 / year | $76,450 / year |
| 50% AMI for PBRA Units | $40,550 / year | $46,350 / year | $52,150 / year | $57,900 / year | $62,550 / year | $67,200 / year | $71,800 / year | $76,450 / year |
| 60% AMI for LIHTC Units | $48,660 / year | $55,620 / year | $62,580 / year | $69,480 / year | $75,060 / year | $80,640 / year | $86,160 / year | $91,740 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Oak Park 3 have a waiting list?
Oak Park 3 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 Oak Park 3?
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 Oak Park 3?
Oak Park 3 is managed by WinnCompanies headquartered in Boston, Massachusetts.
In addition to Oak Park 3, how many other affordable housing properties (and units) are there in Paso Robles?
In addition to Oak Park 3, we list 11 other affordable properties in Paso Robles. Learn about these properties here. Our data research shows that there are a total of 624 affordable units in Paso Robles.
When was the Oak Park 3 listing last updated?
Oak Park 3 listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Libby Trahan says:
"I knew nothing about Section 8 or other affordable housing options, but Affordable Housing Online is very informative and I have learned about resources that I never knew were available."