311 E Cypress St, Glendale, CA 91205
Waiting List Forecast: Closed
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 1 Bed | 1 Bath | - |
Cypress Senior Living Apartments, Studio and 1-Bedroom, Low-Income Housing Tax Credit (LIHTC) Waiting List
The Housing Authority of the City of Glendale (HACG) last accepted Senior Low Income Housing Tax Credit (LIHTC) waiting list applications for Studio and 1-Bedroom apartments at Cypress Senior Living Apartments from November 25, 2023, until December 18, 2023. There is no notice when this waiting list will reopen.
There were three ways to apply while the waitlist was open:
Once the paper application was completed, it was to be:
Preferences have not been confirmed.
Selected applicants were placed on the waiting list by random lottery, by order of preferences.
For more information, visit the HACG website.
Sources: This information was verified by the HACG public notice on December 5, 2023.
Go to the public housing authority page for this waiting list >>
Cypress Senior Living is an 18-unit historic Senior 62+ property with studio and one bedroom units located at 311 E Cypress Street in Glendale, CA with off street parking available to the residents and monthly activities classes offered.
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 Cypress Senior Living Apartments 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 |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| 1-Bedroom (1/1) | - | Call for Price† |
| 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 Cypress Senior Living Apartments have a waiting list?
Cypress Senior Living Apartments has a waiting list. See above for waiting list details.
Are rents subsidized at Cypress Senior Living 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 Cypress Senior Living Apartments?
Cypress Senior Living Apartments is managed by FPI Management, Inc. headquartered in Folsom, California.
In addition to Cypress Senior Living Apartments, how many other affordable housing properties (and units) are there in Glendale?
In addition to Cypress Senior Living Apartments, 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.
When was the Cypress Senior Living Apartments listing last updated?
Cypress Senior Living Apartments listing on Affordable Housing Online was last updated on 12/05/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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