Mulberry Gardens Apartments is an affordable apartment community in Sacramento, CA. Find your perfect apartment home here, call our site manager today!
24hr Emergency Maintenance
12 month lease with deposit
Managed By Logan Property Management
Mulberry Gardens Apartments 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 2003 for $379,592 with a 10 year value of $3,795,920.
The property was placed in service in 2004.
125 of 126
units at Mulberry Gardens Apartments are low income and subject to the tax credit program.
The property, at the time of the tax credit allocation,
was located in
a Difficult Development Area qualifying it for additional tax credit financing.
Mulberry Gardens Apartments 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).
Mulberry Gardens Apartments is an apartment community containing 126 rental units.
The property contains 210 bedrooms and based on typical apartment occupancy limits, Mulberry Gardens Apartments
is home to not more than 399† persons when fully occupied.
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.
Mulberry Gardens Apartments contains a mix of 126 assisted
one and two bedroom apartments for rent. There are 42 One Bedroom and 84 Two Bedroom apartments in this property. The unit mix is 33% One Bedroom and 67% Two Bedroom apartment rentals. The average bedroom size for Mulberry Gardens Apartments is 1.67.