Vineyard Pointe
7585 Diamond Ranch Drive
Sacramento, Sacramento County, California 95829

Call (855) 598-3283, enter extension 62139, 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

Vineyard Pointe 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 $1,195,442 with a 10 year value of $11,954,420. The property was placed in service in 2008. 174 of 176 units at Vineyard Pointe 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

Vineyard Pointe 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).

Vineyard Pointe is an apartment community containing 175 rental units. The property contains 334 bedrooms and based on typical apartment occupancy limits, Vineyard Pointe is home to not more than 638 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

Vineyard Pointe contains a mix of 175 assisted one, two, and three bedroom apartments for rent. There are 60 One Bedroom, 71 Two Bedroom, and 44 Three Bedroom apartments in this property. The unit mix is 34% One Bedroom, 41% Two Bedroom, and 25% Three Bedroom apartment rentals. The average bedroom size for Vineyard Pointe is 1.9.

California's 6th

Congressional District

175

Total Units

174

Tax Credit Units

One, Two, and Three

Unit Mix

1.9

Average Bedroom Size

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