Palm Terrace

1040 Red Hawk Lane, Auburn, CA 95603

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Lorena Bentley, Joshua Cappell
Rent Beds Baths SqFt
$952 - 1,213 per Month 2 - 4 Beds 1 - 2 Baths 915 - 1,308 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

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.

Choose from spacious two, three and four bedroom apartment homes, each with a fully-equipped kitchen, breakfast bar, washer/dryer connection, plush carpeting, private patio or balcony and additional storage. Community amenities include a sparkling swimming pool, clothes care center, recreation room with big-screen TV, two tot lots, fitness center, walking trail and KidsFirst after-school program.

Dave's Thoughts On Palm Terrace

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Palm Terrace does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Palm Terrace Amenities

  • Fitness Center
  • Playground
  • Clubhouse
  • Pool
  • Close to Public Transportation
  • Washer and Dryer Hookup
  • Custom Accent Wall Program
  • Breakfast Bar
  • Kitchen Pantry
  • Online Payments Accepted
  • Energy Star Appliances
  • Walking Trails
  • Private Patios
  • Laundry Facility

Units at Palm Terrace

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 915ft2 $952
Three Bedroom (3/2) 1125ft2 $1,093
Four Bedroom (4/2) 1308ft2 $1,213

Income Qualification for Palm Terrace

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $37,550 / year $42,900 / year $48,250 / year $53,600 / year $57,900 / year $62,200 / year $66,500 / year $70,800 / year
50% AMI for PBRA Units $37,550 / year $42,900 / year $48,250 / year $53,600 / year $57,900 / year $62,200 / year $66,500 / year $70,800 / year
60% AMI for LIHTC Units $45,060 / year $51,480 / year $57,900 / year $64,320 / year $69,480 / year $74,640 / year $79,800 / year $84,960 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Palm Terrace

Does Palm Terrace have a waiting list?

Palm Terrace 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 Palm Terrace?

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 Palm Terrace?

Palm Terrace is managed by WinnCompanies headquartered in Boston, Massachusetts.

In addition to Palm Terrace, how many other affordable housing properties (and units) are there in Auburn?

In addition to Palm Terrace, we list 23 other affordable properties in Auburn. Learn about these properties here. Our data research shows that there are a total of 840 affordable units in Auburn.

Listings Near Palm Terrace

Auburn Court Apartments

12199 Gateway Ct, Auburn, California 95603

bed 2-4
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Mcauley Meadows

535 Sacramento St, Auburn, California 95603

bed 1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Auburn Villa

628 Mikkelsen Dr, Auburn, California 95603

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Auburn Palms

701 Auburn Ravine Rd, Auburn, California 95603

payment Subsidized

Valley Oaks

600 Auburn Ravine Rd , Auburn, California 95603

payment Subsidized
elderly Senior
accessibility Accessible

Brookside Senior Apartments

738 Mikkelsen Dr., Auburn, California 95603

bed 1-2
switch_access_shortcut Short Wait
elderly Senior
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

Email Signup
Don't Miss A Waiting List Opening