Corona Community Villas

2680 S Main St , Corona, CA 92882

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents Studio - 1 Bed 1 Bath 434 - 576 Sq Ft
check_circle  Senior (62+)
check_circle  Accessible Units
check_circle  Project-Based Rental Assistance
check_circle  Supportive Housing for the Elderly
check_circle  Affordable

Waitlist Forecast

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.

Corona Villas is a 75-unit, Section 202, Section 8 and Tax Credit community located in Corona, CA. Corona Villas is conveniently located near public transportation, grocery stores, city parks, and health facilities. This property is currently accepting applications for the waiting list.

Residents now enjoy a fully remodeled community room equipped with full kitchen, computer lounge, TV screening room, and piano. Other upgrades include new laundry facilities, a fitness room, renovated outdoor BBQ area, and resident gardens surrounded with lush landscaping and walkable green space.
 
The property offers studio and one-bedroom units. Unit upgrades feature renovated kitchens with new solid wood cabinetry and new accessibility layout for the ADA units.
 
The community features secured access and on-site management and maintenance staff. Resident services include monthly parties, morning socials, movie nights.

Dave's Thoughts On Corona Community Villas

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 Corona Community Villas 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Corona Community Villas Amenities

  • BBQ and Picnic Area
  • Community Room
  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Park
  • Laundry Room
  • 24hr Emergency Maintenance
  • Air Conditioning
  • Garbage Disposal
  • Cable Ready
  • Window Coverings
  • Carpet
  • Patio Deck Or Balcony

Units at Corona Community Villas

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 434ft2 Call for Price
One Bedroom (1/1) 576ft2 Call for Price

Income Qualification for Corona Community Villas

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $19,600 / year $22,400 / year $25,200 / year $30,000 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $32,650 / year $37,300 / year $41,950 / year $46,600 / year $50,350 / year $54,100 / year $57,800 / year $61,550 / year
50% AMI for PBRA Units $32,650 / year $37,300 / year $41,950 / year $46,600 / year $50,350 / year $54,100 / year $57,800 / year $61,550 / year
60% AMI for LIHTC Units $39,180 / year $44,760 / year $50,340 / year $55,920 / year $60,420 / year $64,920 / year $69,360 / year $73,860 / year
80% AMI for PBRA Units $52,200 / year $59,650 / year $67,100 / year $74,550 / year $80,550 / year $86,500 / year $92,450 / year $98,450 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Corona Community Villas

Does Corona Community Villas have a waiting list?

Corona Community Villas 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 Corona Community Villas?

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 Corona Community Villas?

Corona Community Villas is managed by Thomas Safran & Associates headquartered in Los Angeles, CA.

In addition to Corona Community Villas, how many other affordable housing properties (and units) are there in Corona?

In addition to Corona Community Villas, we list 10 other affordable properties in Corona. Learn about these properties here. Our data research shows that there are a total of 1035 affordable units in Corona.

When was the Corona Community Villas listing last updated?

Corona Community Villas listing on Affordable Housing Online was last updated on 07/11/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Corona Community Villas

River Run Senior

863 River Road, Corona, California 92880

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Corona Community Towers

910 S Belle Ave , Corona, California 92882

bed 1
switch_access_shortcut Short Wait
elderly Senior

Corona Village

901 South Smith Ave, Corona, California 92882

bed 2

Meridian Apartments

1072 E 6th St, Corona, California 92879

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Corona Park Apartments

956 Avenida del Vista , Corona, California 92882

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

13617 Basswood Dr

13617 Basswood Dr, Corona, California 92883

bed 4
payment $3230/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

Email Signup
Don't Miss A Waiting List Opening