2814 5th St, Sacramento, CA 95818
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
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.
Originally built in 1971 as senior apartments and acquired and remodeled in 1996 by RCHC, Land Park Woods is an affordable family community with 75 one, two, and three-bedroom apartments. Many mature trees, landscaped walkways, 11 residential buildings, and a community building comprise the five-and-a-half-acre site
Because Land Park Woods participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
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| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | - | Rent is Based On Your Income† |
| 3 Bedroom (3/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $37,550 / year | $42,900 / year | $48,250 / year | $53,600 / year | $57,900 / year | $62,200 / year |
| 50% AMI for PBRA Units | $37,550 / year | $42,900 / year | $48,250 / year | $53,600 / year | $57,900 / year | $62,200 / year |
| 60% AMI for LIHTC Units | $45,060 / year | $51,480 / year | $57,900 / year | $64,320 / year | $69,480 / year | $74,640 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Land Park Woods have a waiting list?
Land Park Woods 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 Land Park Woods?
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 Land Park Woods?
Land Park Woods is managed by Mercy Housing headquartered in Denver, Colorado.
In addition to Land Park Woods, how many other affordable housing properties (and units) are there in Sacramento?
In addition to Land Park Woods, we list 185 other affordable properties in Sacramento. Learn about these properties here. Our data research shows that there are a total of 19630 affordable units in Sacramento.
When was the Land Park Woods listing last updated?
Land Park Woods listing on Affordable Housing Online was last updated on 01/01/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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