Clover Ridge
5450 Kohler Ave
Sacramento, Sacramento County, California 95841

Call (855) 598-3283, enter extension 13134, then hit #.

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About The Property:

***SECTION 8 WELCOME***Matured landscape gated quiet community. Close to bus line, shopping, restaurants, and schools. On site laundry facility and BBQ/Picnic area. Please call site manager for more details.

Unit Information

Unit Bed/Bath Rent
One Bedroom 1/1 $
Two Bedroom 2/1 $

Property Amenities

  • Controlled Access
  • Playground
  • BBQ/Picnic Area
  • Community Room
  • Business Center
  • Laundry Room
  • 24hr Emergency Maintenance
  • Assigned Parking
  • Covered Parking
  • Off-Street Parking
  • Suburban Area

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Cable/Satellite TV
  • Vaulted Ceiling
  • Walk-in Closet(s)
  • Window Coverings
  • Carpet
  • Private Entrance

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Park
  • Near Schools

Managed By FPI Management, Inc.

Funding Programs

Clover Ridge was developed and operates with Federal housing financing. The property utilizes the Low Income Housing Tax Credit Federal housing program to make rent affordable to lower income tenants.

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 1998 for $118,129 with a 10 year value of $1,181,290. The property was placed in service in 1998. 96 of 96 units at Clover Ridge 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

Clover Ridge 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).

Clover Ridge is an apartment community containing 96 rental units. The property contains 152 bedrooms and based on typical apartment occupancy limits, Clover Ridge is home to not more than 284 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

Clover Ridge contains a mix of 96 assisted one and two bedroom apartments for rent. There are 40 One Bedroom and 56 Two Bedroom apartments in this property. The unit mix is 42% One Bedroom and 58% Two Bedroom apartment rentals. The average bedroom size for Clover Ridge is 1.58.

California's 6th

Congressional District

96

Total Units

96

Tax Credit Units

One and Two

Unit Mix

1.58

Average Bedroom Size

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