The 36 affordable family rental units are part of the Storke Ranch Master Planned Community, which offers extensive open space and recreational facilities, including tennis courts and swimming pools.
Purchased in 1999, the development features a community building with kitchen area and laundry facilities. It also provides space for after school activities, educational, and social services programs.
The computer learning center, which tutors children and adults to become computer literate, was named to honor Lisa Capps, late daughter of Congresswoman Lois Capps.
|2 Bedroom (2/1)||-||Call for Price|
|3 Bedroom (3/1)||-||Call for Price|
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Goleta but actual income limits may differ for units at Storke Ranch Family Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$51,800||$59,200||$66,600||$73,950||$79,900||$85,800||$91,700||$97,650|
|Low Income (60%)||$62,160||$71,040||$79,920||$88,740||$95,880||$102,960||$110,040||$117,180|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.