Albert Einstein Residence Center
1935 Wright St
Sacramento, Sacramento County, California 95825

Call (855) 598-3283, enter extension 13109, then hit #.

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Funding Programs

Albert Einstein Residence Center was developed and operates with Federal housing financing. The property utilizes the Section 202 Federal housing program to make rent affordable to lower income tenants.

Section 202

The property was developed with funding through the HUD Section 202 program which provides funding for housing for seniors who are 62 or older. The program provided both capital financing to construct the property and operating subsidies that work as rental assistance like the Section 8 program. Albert Einstein Residence Center is among only 490 Section 202 properties in California and 6,166 in the country.

Overview

Albert Einstein Residence Center is an affordable apartment community located in Sacramento, California which is located in Sacramento County. The property is located in California's 6th Congressional District served by Representative Doris Matsui (D), Senator Kamala Harris (D) and Senator Dianne Feinstein (D).

Rent Subsidies

Albert Einstein Residence Center provides rental subsidies to renters. The type of subsidy provided to apartment renters in Sacramento, CA by this property is Section 202 Rental Assistance.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is no minimum rent at this property for residents receiving a rent subsidy but in recent years, there has been discussions in Congress to implement a minimum rent in the Section 202 Program to reduce cost burden on the Federal budget.

California's 6th

Congressional District

78

Project Based Sec. 8 Units

78

Section 202 Units

78

Senior Units

31-Aug-12

Project Based Sec. 8 Contract Expiration

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† These counts are estimates based on the data available from HUD. Learn More About Our Data