10860 Merritt St, Castroville, CA 95012
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
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.
Cynara Court represents the realization of a longtime vision to transform previously underutilized land into a vibrant community and provides much needed affordable housing to agricultural workers and other hard working low-income residents in Castroville. Located on two separate sites that are five blocks apart, Cynara Court includes onsite services and programs as well as spacious indoor and outdoor community areas. This is the first housing development being built under the Castroville Community Plan, and the 750 square feet of street front retail space on the Cynara Court site area is consistent with the Plan's goal to create a more walkable, pedestrian-oriented downtown in Castroville.
Because Cynara Court participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | - | Rent is Based On Your Income† |
| 3 Bedroom (3/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $42,150 / year | $48,200 / year | $54,200 / year | $60,200 / year | $65,050 / year | $69,850 / year |
| 50% AMI for PBRA Units | $42,150 / year | $48,200 / year | $54,200 / year | $60,200 / year | $65,050 / year | $69,850 / year |
| 60% AMI for LIHTC Units | $50,580 / year | $57,840 / year | $65,040 / year | $72,240 / year | $78,060 / year | $83,820 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cynara Court have a waiting list?
Cynara Court 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 Cynara Court?
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 Cynara Court?
Cynara Court is managed by MidPen Housing headquartered in Foster City, CA.
In addition to Cynara Court, how many other affordable housing properties (and units) are there in Castroville?
In addition to Cynara Court, we list 5 other affordable properties in Castroville. Learn about these properties here. Our data research shows that there are a total of 256 affordable units in Castroville.
When was the Cynara Court listing last updated?
Cynara Court listing on Affordable Housing Online was last updated on 01/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
More people usually means more waiting lists.
Areas with the highest populations tend to have the most amount of waiting list opportunities.Libby Trahan says:
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