Sandstone Apartments

1515 E. Jensen Ave, Fresno, CA 93706

Waiting List Forecast: Likely Short or None

check_circleVerified for 2018 by Colleen Carter, Joshua Cappell

Rent	Beds	Baths	SqFt
$583 - 841 per Month^†	2 - 4 Beds	2 Baths	-

Call (559) 486-2005 Email

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Sandstone Apartments is an affordable housing community in Fresno, CA. Our amenities include a playground, a swimming pool, computer lab, clubhouse and an afterschool program. Please call our site manager for more details.

Dave's Thoughts On Sandstone Apartments

Because Sandstone Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Sandstone Apartments Amenities

Playground
Computer Lab
Clubhouse
On-Site Manager
Pool
Close to Dining
Close to Public Transportation
Close to Shopping
Laundry Room
24hr Emergency Maintenance
Handicapped Accessible
Dishwasher
Garbage Disposal
Cable Ready
Walk-in Closet(s)
Window Coverings
Patio Deck Or Balcony

Units at Sandstone Apartments

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/2)	-	$583^†
Three Bedroom (3/2)	-	$747^†
Four Bedroom (4/2)	-	$841^†

Income Qualification for Sandstone Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
50% AMI for LIHTC Units	$28,900 / year	$33,000 / year	$37,150 / year	$41,250 / year	$44,550 / year	$47,850 / year	$51,150 / year	$54,450 / year
50% AMI for PBRA Units	$28,900 / year	$33,000 / year	$37,150 / year	$41,250 / year	$44,550 / year	$47,850 / year	$51,150 / year	$54,450 / year
60% AMI for LIHTC Units	$34,680 / year	$39,600 / year	$44,580 / year	$49,500 / year	$53,460 / year	$57,420 / year	$61,380 / year	$65,340 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Sandstone Apartments

Does Sandstone Apartments have a waiting list?

Sandstone Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Sandstone Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Sandstone Apartments?

Sandstone Apartments is managed by FPI Management, Inc. headquartered in Folsom, California.

In addition to Sandstone Apartments, how many other affordable housing properties (and units) are there in Fresno?

In addition to Sandstone Apartments, we list 123 other affordable properties in Fresno. Learn about these properties here. Our data research shows that there are a total of 9071 affordable units in Fresno.