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Eucalyptus View Coop

1805 S Escondido Blvd, Escondido, California 92025

Eucalyptus View Cooperative is a community devised as a homeownership model for low-income families. It includes a total of 24 apartments, nine of which are reserved for qualified farmworker households. The development is assembled around a central courtyard with a shared community center.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based

Eucalyptus View Coop Details

  • 24 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • BBQ/Picnic Area
  • Community Room
  • Laundry Facilities

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.

Escondido 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 Escondido but actual income limits may differ for units at Eucalyptus View Coop.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $40,450 $46,200 $52,000 $57,750 $62,400 $67,000 $71,650 $76,250
Low Income (60%) $48,540 $55,440 $62,400 $69,300 $74,880 $80,400 $85,980 $91,500

Eucalyptus View Coop is managed by Community Housing Works.

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