Valencia Point
4500 Natomas Central Drive
Sacramento, Sacramento County, California 95834

Call (855) 598-3283, enter extension 62137, then hit #.

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Unit Information

Unit Bed/Bath Rent
One Bedroom 1/- $
Two Bedroom 2/- $
Three Bedroom 3/- $

Property Amenities

  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Shopping
  • Near Schools
  • Near Post Office

Managed By St. Anton Partners

Funding Programs

Valencia Point 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 2006 for $1,092,765 with a 10 year value of $10,927,650. The property was placed in service in 2007. 166 of 168 units at Valencia Point 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.

Overview

Valencia Point 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).

Valencia Point is an apartment community containing 168 rental units. The property contains 348 bedrooms and based on typical apartment occupancy limits, Valencia Point is home to not more than 678 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

Valencia Point contains a mix of 168 assisted one, two, and three bedroom apartments for rent. There are 36 One Bedroom, 84 Two Bedroom, and 48 Three Bedroom apartments in this property. The unit mix is 21% One Bedroom, 50% Two Bedroom, and 29% Three Bedroom apartment rentals. The average bedroom size for Valencia Point is 2.07.

California's 6th

Congressional District

168

Total Units

166

Tax Credit Units

One, Two, and Three

Unit Mix

2.07

Average Bedroom Size

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