Folsom Gardens I

613 Stafford St, Folsom, California 95630

Folsom Gardens I, located at 613 Stafford St in Folsom, has one and two bedroom apartments. Folsom Gardens I participates in the Section 8 Project-Based Rental Assistance program.

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Waiting list is Open Now

The Folsom Gardens waiting list is currently open until further notice.

Last updated on December 3rd, 2018

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price

Folsom Gardens I Details

  • 48 one and two bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Playground
  • Community Room
  • Laundry Facilities

About Folsom Gardens I

Built between 1971 and 1974, Folsom Gardens Apartments is a 4-acre 95-unit residential housing development located in the heart of Folsom, California. The property features six two-story apartment buildings, two laundry rooms, a community center and is located near the neighborhood elementary school and central park. Mercy Housing acquired and rehabilitated the property in 1998.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Folsom 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 Folsom but actual income limits may differ for units at Folsom Gardens I.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,600 $20,100 $22,600 $25,750 $30,170 $34,590 $39,010 $43,430
50% $29,300 $33,450 $37,650 $41,800 $45,150 $48,500 $51,850 $55,200
80% $46,850 $53,550 $60,250 $66,900 $72,300 $77,650 $83,000 $88,350

These general income qualifications for Folsom, California should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Folsom Gardens I receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

Folsom Gardens I is managed by Mercy Housing.