121 North Kenwood Street, Glendale, CA 91209
Waiting List Forecast: Likely Short or None
Verified for 2020 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
GET INSPIRED! ACE 121 APARTMENTS PROVIDE CREATIVE SPACES FOR ARTISTS LOCATED IN THE HEART OF GLENDALE, CALIFORNIA WITHIN WALKING DISTANCE OF THE GLENDALE GALLERIA, ACE 121 OFFERS LOFTS AND TRADITIONAL APARTMENTS IN OUR ARTISTS’ COLONY. WE HAVE AN ART GALLERY, A MAKER SPACE WITH EQUIPMENT THAT INCLUDES KILNS AND POTTERY WHEELS, A DIGITAL AND MEDIA LAB, A MUSIC ROOM, A PERFORMING ARTS ROOM, A COMMUNITY ROOM, AND A COURTYARD.
ACE 121 PROVIDES ELEGANT ONE-, TWO-, AND THREE-BEDROOM APARTMENTS FEATURING FULLY-EQUIPPED KITCHENS WITH GRANITE COUNTERTOPS, WOOD-STYLE FLOORING, AND SOME APARTMENTS INCLUDE BALCONIES. ACE 121 IS ALSO PET-FRIENDLY AND SMOKE-FREE.
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 ACE 121 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year | $68,100 / year | $73,150 / year | $78,200 / year | $83,250 / year |
| 50% AMI for PBRA Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year | $68,100 / year | $73,150 / year | $78,200 / year | $83,250 / year |
| 60% AMI for LIHTC Units | $52,980 / year | $60,540 / year | $68,100 / year | $75,660 / year | $81,720 / year | $87,780 / year | $93,840 / year | $99,900 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does ACE 121 have a waiting list?
ACE 121 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 ACE 121?
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 ACE 121?
ACE 121 is managed by Solari Enterprises Inc. headquartered in Orange, California.
In addition to ACE 121, how many other affordable housing properties (and units) are there in Glendale?
In addition to ACE 121, we list 22 other affordable properties in Glendale. Learn about these properties here. Our data research shows that there are a total of 1216 affordable units in Glendale.
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