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Crescent City Senior Apartments

1125 Oregon St, Crescent City, California 95531

Crescent City Senior Apartments, located at 1125 Oregon St in Crescent City, CA has 0 bedroom apartments. Crescent City Senior Apartments participates in the Low-Income Housing Tax Credit (LIHTC), Section 515 Rural Rental Housing and Section 521 USDA Rental Assistance programs.

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Waiting List is Open Now

The Crescent City Senior Apartments waiting list is currently open and accepting applications until further notice.

Last updated on September 19th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price

Crescent City Senior Apartments Details

  • 76 0 bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Low-Income Housing Tax Credit (LIHTC)

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.

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.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Crescent City HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Crescent City but actual income limits may differ for units at Crescent City Senior Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,700 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% $24,500 $28,000 $31,500 $34,950 $37,750 $40,550 $43,350 $46,150
80% $39,150 $44,750 $50,350 $55,900 $60,400 $64,850 $69,350 $73,800

Crescent City Low-Income Housing Tax Credit Income Limits

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 Crescent City but actual income limits may differ for units at Crescent City Senior Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,500 $28,000 $31,500 $34,950 $37,750 $40,550 $43,350 $46,150
Low Income (60%) $29,400 $33,600 $37,800 $41,940 $45,300 $48,660 $52,020 $55,380

Crescent City Senior Apartments is managed by AWI Management Corporation.