Walker Commons, located at 678 Buttonwillow in Chico, has one bedroom apartments. Walker Commons participates in the Low-Income Housing Tax Credit (LIHTC) program.
|One Bedroom (1/1)||594||From $327 To $602|
Walker Commons is located at 678 Buttonwillow Lane (between Palmetto and Vallombrosa Avenues adjacent to the Park Plaze Shopping Center on Mangrove Avenue) in Chico
Walker Commons consists of 56 1-bedroom units.Walker Commons is a senior complex providing affordable housing to elderly (55 and older) and/or disabled persons who meet the income and selection criteria. The selection guidelines are based upon financial responsibility and behavior history.
Walker Commmons is not a conventional public housing project; it does, however, utilize some public funds. It is the result of a joint venture between the Housing Authoity of the County of Butte, the City of Chico, and other investors. It is controlled by a 7-member board of Directors under the title of Butte County Affordable Housing Development Corporation (BCAHDC), a non-profit organization.
Applicants who also have a one-bedroom Housing Choice Voucher (Section 8 voucher) may be eligible to apply that voucher toward their rent at Walker Commons.
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 Chico but actual income limits may differ for units at Walker Commons.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$23,300||$26,600||$29,950||$33,250||$35,950||$38,600||$41,250||$43,900|
|Low Income (60%)||$27,960||$31,920||$35,940||$39,900||$43,140||$46,320||$49,500||$52,680|
Walker Commons was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.
Walker Commons is managed by Housing Authority of the County of Butte.