Summercreek Place is managed by The Danco Group.
Summercreek Place is a residential senior community comprised of 32 one-bedroom units and 8 two-bedroom units.
The Community Center has a full kitchen, recreation room, entertainment area, laundry facilities and a resident manager office. Within the units, tenants will enjoy such standard features as dishwashers, refrigerators, microwaves, ranges with ovens, washer and dryer hook-ups.
Thirty-two of the units are “affordable” and will be rented to those senior citizens earning less than 50% of the area median income.
The remaining eight units are rented at market rate without the normal affordable income qualification requirement.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Last updated on September 25th, 2019
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 Eureka but actual income limits may differ for units at Summercreek Place.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $28,900 | $33,000 | $37,150 | $41,250 | $44,550 | $47,850 | $51,150 | $54,450 |
Low Income (60%) | $34,680 | $39,600 | $44,580 | $49,500 | $53,460 | $57,420 | $61,380 | $65,340 |
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.