1990 Belgium Ave., Chico, CA 95928
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 591 - 858 Sq Ft |
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.
Chico’s newest apartments are ready for you! The Senior Apartments at B20 will be opening early 2023; these brand-new apartments feature central heat & air, refrigerators, and energy efficient appliances. The community amenities include a community room, laundry room, nearby shopping, and off-street parking. Reach out today to reserve your spot!
Senior Apartments at B20 will consist of 52 one and 8 two-bedroom units in with a community center building and onsite commercial retail space. Residential buildings will be arranged along an internal loop drive on the site with access from both Bruce Road and East 20th Street.
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 Senior Apartments at B20 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 591ft2 | Call for Price† |
| Two Bedroom (2/2) | 858ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,900 / year | $33,000 / year | $37,150 / year | $41,250 / year |
| 50% AMI for PBRA Units | $28,900 / year | $33,000 / year | $37,150 / year | $41,250 / year |
| 60% AMI for LIHTC Units | $34,680 / year | $39,600 / year | $44,580 / year | $49,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Senior Apartments at B20 have a waiting list?
Senior Apartments at B20 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 Senior Apartments at B20?
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 Senior Apartments at B20?
Senior Apartments at B20 is managed by FPI Management, Inc. headquartered in Folsom, California.
In addition to Senior Apartments at B20, how many other affordable housing properties (and units) are there in Chico?
In addition to Senior Apartments at B20, we list 66 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 Senior Apartments at B20 listing last updated?
Senior Apartments at B20 listing on Affordable Housing Online was last updated on 08/03/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
1200 Park Avenue, Chico, California 95928
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