Terraces Apartments

1301 Morning View Drive, Escondido, California 92026

Terraces has 1, 2, 3 and 4 bedroom apartment homes with air conditioning, patios/balconies and energy efficient refrigerators, dishwashers, and stoves. In this community you will enjoy a swimming and wading pool, jacuzzi, clubhouse, tot lots, three laundry rooms and lush landscaping.

Unit (Bd/Ba) Ft2 Rent
60% 1BR (1/2) 606 Call for Price
60% 2BR (2/2) 812 Call for Price
60% 3BR (3/2) 1071 Call for Price
60% 4BR (4/2) 1263 Call for Price

Eligibility for Terraces Apartments

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 Terraces Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $48,250 $55,150 $62,050 $68,900 $74,450 $79,950 $85,450 $90,950
Low Income (60%) $57,900 $66,180 $74,460 $82,680 $89,340 $95,940 $102,540 $109,140

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Terraces Apartments is managed by Solari Enterprises Inc..

Terraces Apartments Details

  • 190 one, two, three and four bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Tot Lot
  • Basketball Court
  • Community Room
  • Business Center
  • Pool
  • Laundry Room
  • Covered Parking
  • Off-Street Parking

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Cable and Satellite TV
  • Carpet
  • Patio, Deck Or Balcony
  • Scenic View

Nearby Amenities

  • Close to Business District
  • Close to Downtown District
  • Close to Public Transportation
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools
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.

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