3428 Esplanade Ave, Chico, CA 95973
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
North Point is a 50-unit rental housing development made up of 1, 2, and 3 bedroom apartments. This property consists of Tax Credit, HOME and AHP. We also welcome Section 8 Vouchers.
Shared amenities include an on-site manager, community building (meeting space and kitchen), built in bbq and picnic and play structure. Unit amenities include full kitchen with range, dishwasher and stove, ceiling fans, washers and dryers hook ups, private patios or balconies, and outdoor storage units.
The development is conveniently located to Shasta Elementary and DeGarmo Park. The target population for North Point Apartments is households with incomes at 30%, 50% and 60% of AMI for Butte County.
Because North Point Apartments 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. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,900 / year | $33,000 / year | $37,150 / year | $41,250 / year | $44,550 / year | $47,850 / year | $51,150 / year | $54,450 / year |
| 50% AMI for PBRA Units | $28,900 / year | $33,000 / year | $37,150 / year | $41,250 / year | $44,550 / year | $47,850 / year | $51,150 / year | $54,450 / year |
| 60% AMI for LIHTC Units | $34,680 / year | $39,600 / year | $44,580 / year | $49,500 / year | $53,460 / year | $57,420 / year | $61,380 / year | $65,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does North Point Apartments have a waiting list?
North Point Apartments 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 North Point Apartments?
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 North Point Apartments?
North Point Apartments is managed by Community Housing Improvement Program headquartered in Chico, CA.
In addition to North Point Apartments, how many other affordable housing properties (and units) are there in Chico?
In addition to North Point Apartments, we list 29 other affordable properties in Chico. Learn about these properties here. Our data research shows that there are a total of 1939 affordable units in Chico.
When was the North Point Apartments listing last updated?
North Point Apartments listing on Affordable Housing Online was last updated on 08/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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