982 Toomes Ave, Corning, CA 96021
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2024 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a USDA 515 and LIHTC property that might have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.
This property participates in the LIHTC program and the Section 8 Project-Based Rental Assistance program.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,350 / year | $19,800 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 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 |
| 80% AMI for PBRA Units | $46,200 / year | $52,800 / year | $59,400 / year | $65,950 / year | $71,250 / year | $76,550 / year | $81,800 / year | $87,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Valley Terrace have a waiting list?
Valley Terrace probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Valley Terrace?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
In addition to Valley Terrace, how many other affordable housing properties (and units) are there in Corning?
In addition to Valley Terrace, we list 7 other affordable properties in Corning. Learn about these properties here. Our data research shows that there are a total of 260 affordable units in Corning.
When was the Valley Terrace listing last updated?
Valley Terrace listing on Affordable Housing Online was last updated on 06/07/2024 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
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Only submit truthful information.
Submitting false information can disqualify the household from assistance, and may land the applicant in legal trouble.Luann McCarthy says:
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