550 Orange Ave, Coronado, CA 92118
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
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.
Located on beautiful Coronado Island, C4 is comprised of 35 recently remodeled 1BR and 2BR apartments on four different sites all within walking distance of Spreckels Park. The surrounding neighborhood offers an abundance of shops, restaurants and the public library all within walking distance. MTS provides two bus options for Coronado — MTS Bus 901 that travels off Island and MTS Bus 904 that travels along Orange Ave, to the Community Center and City Hall on Glorietta Bay and to the Bayfront and Ferry Landing. Amenities at each of the four sites varies but can include parking, laundry facilities or hook-ups and several barbecue areas.
225 Orange Avenue (619) 522-0892 Low Income
406-430 Orange Avenue (619) 522-0893 Low Income
445-451 Orange Avenue (619) 522-0894 Low Income
560-566 G Avenue (619) 522-0895 Low Income
840 G Avenue (619) 522-0896 Low Income
450 Orange Avenue (619) 522-0897 Low Income
525 Orange Avenue (619) 522-0898 Low Income
550 Orange Avenue (619) 522-0899 Elderly
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 C4 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 One Bath Marlin (1/1) | - | Call for Price† |
| Two Bedroom One Bath Yellowfin (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $48,250 / year | $55,150 / year | $62,050 / year | $68,900 / year |
| 50% AMI for PBRA Units | $48,250 / year | $55,150 / year | $62,050 / year | $68,900 / year |
| 60% AMI for LIHTC Units | $57,900 / year | $66,180 / year | $74,460 / year | $82,680 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does C4 have a waiting list?
C4 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 C4?
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 C4?
C4 is managed by Interfaith Housing Alliance Inc. headquartered in Frederick, Maryland.
In addition to C4, how many other affordable housing properties (and units) are there in Coronado?
In addition to C4, we list 4 other affordable properties in Coronado. Learn about these properties here. Our data research shows that there are a total of 134 affordable units in Coronado.
Keep a record of past landlord issues.
Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.Hope Brown says:
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