Casa De Angelo
3151 Norte Dame Dr Apt 7
Sacramento, Sacramento County, California 95826

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Funding Programs

Casa De Angelo was developed and operates with Federal housing financing. The property utilizes 2 Federal housing programs to make rent affordable to lower income tenants. These programs are Low Income Housing Tax Credit and Project Based Sec. 8.

Section 8

Casa De Angelo has a project-based Section 8 contract. 100 of the 100 total units at the property receive Section 8 assistance. This means that 100% of the renter households in the property pay no more than 30% of their adjusted income for rent.

The current Section 8 contract was effective on October 01, 2005 and the contract expires on September 30, 2025. The Section 8 contract rent is 106.5% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $815.00 for One Bedroom.

28% of California properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 2008 for $363,217 with a 10 year value of $3,632,170. The property was placed in service in 2009. 99 of 100 units at Casa De Angelo are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was not located in a Qualified Census Tract or a Difficult Development Area and was not qualified for additional tax credit funding.

Overview

Casa De Angelo 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).

Casa De Angelo is an apartment community containing 100 rental units. The property contains 100 bedrooms and based on typical apartment occupancy limits, Casa De Angelo is home to not more than 150 persons when fully occupied.

Rent Subsidies

Casa De Angelo provides rental subsidies to renters. The type of subsidy provided to apartment renters in Sacramento, CA by this property is Project Based Sec. 8.

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 a minimum rent payment of not less than $25 and as much as $50 for all subsidy recipients at this property. That means that even if a renter has zero income, they will still be required to pay rent. In recent years, there have been various legislative proposals to increase the Section 8 minimum rent but advocates make the valid point that minimum rents affect the poorest of the poor.

Unit Mix

Casa De Angelo contains a mix of 100 assisted one bedroom apartments for rent. There are 100 One Bedroom apartments in this property. The unit mix is 100% One Bedroom apartment rentals. The average bedroom size for Casa De Angelo is 1.

California's 6th

Congressional District

100

Total Units

99

Tax Credit Units

100

Project Based Sec. 8 Units

106.5

% of Fair Market Rent

30-Sep-25

Project Based Sec. 8 Contract Expiration

One

Unit Mix

1

Average Bedroom Size

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