Morey Terrace
370 Morrison Ave
Sacramento, Sacramento County, California 95838

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Funding Programs

Morey Terrace was developed and operates with Federal housing financing. The property utilizes the Project Based Sec. 8 Federal housing program to make rent affordable to lower income tenants.

Section 8

Morey Terrace has a project-based Section 8 contract. 44 of the 44 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 124.8% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,026.00 for Two 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.

Overview

Morey Terrace 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).

Morey Terrace is an apartment community containing 44 rental units. The property contains 88 bedrooms and based on typical apartment occupancy limits, Morey Terrace is home to not more than 176 persons when fully occupied.

Rent Subsidies

Morey Terrace 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

Morey Terrace contains a mix of 44 assisted two bedroom apartments for rent. There are 44 Two Bedroom apartments in this property. The unit mix is 100% Two Bedroom apartment rentals. The average bedroom size for Morey Terrace is 2.

California's 6th

Congressional District

44

Total Units

44

Project Based Sec. 8 Units

124.8

% of Fair Market Rent

30-Sep-25

Project Based Sec. 8 Contract Expiration

Two

Unit Mix

2

Average Bedroom Size

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