The community is conveniently located near Floyd Rice Park and Avenal Recreation Center, Avenal High School, Avenal Community Health Center, Avenal Branch Library and Kings County Area Public Transit bus route. Amenities include ample open space, pool and clubhouse.
The development includes 81 affordable family units with 2‐4 bedrooms; built with Type V wood construction on a concrete slab with 162 surface parking stalls.
|Two Bedroom (2/1)||-||Call for Price|
|Three Bedroom (3/1)||-||Call for Price|
|Four Bedroom (4/1)||-||Call for Price|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Avenal but actual income limits may differ for units at Villa Esperanza.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$24,500||$28,000||$31,500||$34,950||$37,750||$40,550||$43,350||$46,150|
|Low Income (60%)||$29,400||$33,600||$37,800||$41,940||$45,300||$48,660||$52,020||$55,380|
Villa Esperanza is managed by FPI Management, Inc..