345 East Commonwealth Avenue, Fullerton, CA 92832
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,061 - 1,185 per Month† | 1 - 2 Beds | 1 - 2 Baths | 567 - 742 Sq Ft |
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.
Ventana is Fullerton’s newest and most sought after senior rental community. Now, you can finally enjoy spacious, comfortable and care-free apartment living with added services and conveniences that challenge comparison. Each apartment home is equipped with a full kitchen that includes a microwave and dishwasher. Experience the warmth and enchantment of modern living in this affordable mid-rise community accessible via elevator.
This pet friendly community, located in Fullerton, is near shopping, restaurants, post office, library, various churches, city transportation, alongside medical, dental and pharmaceutical services. Ventana is California-style living at its best!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Ventana does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 567ft2 | $1,061† |
| Two Bedroom (2/2) | 742ft2 | $1,185† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $50,250 / year | $57,400 / year | $64,600 / year | $71,750 / year |
| 50% AMI for PBRA Units | $50,250 / year | $57,400 / year | $64,600 / year | $71,750 / year |
| 60% AMI for LIHTC Units | $60,300 / year | $68,880 / year | $77,520 / year | $86,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ventana have a waiting list?
Ventana 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 Ventana?
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 Ventana?
Ventana is managed by Richman Property Services, Inc. headquartered in Tampa, FL.
In addition to Ventana, how many other affordable housing properties (and units) are there in Fullerton?
In addition to Ventana, we list 13 other affordable properties in Fullerton. Learn about these properties here. Our data research shows that there are a total of 1121 affordable units in Fullerton.
Stay in contact with the housing agency after applying.
While on a waiting list, always keep your information up to date. If you get selected for housing, the agency needs to know how to reach you!Shirley Toran says:
"Affordable Housing Online is very good at keeping me informed on new and future dates for waiting list applications."