About Corcoran Garden Apartments

Corcoran Garden Apartments is a 114 unit affordable housing community in Corcoran, California. The community is located in the 21st Congressional District of California. Corcoran Garden Apartments participates in the Low Income Housing Tax Credit, and Section 515 Rural Rental Housing programs.

Low Income Housing Tax Credit

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC, not have income limits and therefore may be set at levels higher than the LIHTC limits below.

Low Income Housing Tax Credit Income Limits

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $20,650 $23,600 $26,550 $29,450 $31,850 $34,200 $36,550 $38,900
60% $24,780 $28,320 $31,860 $35,340 $38,220 $41,040 $43,860 $46,680

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Managed By The CBM Group, Inc.