Villa La Esperanza Apartments

131 S Kellogg Ave, Goleta, CA 93117

Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units

check_circleVerified for 2018 by Lorena Bentley, Ayat Elkarib, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 2 - 5 Beds 1 - 2 Baths -
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.

Villa la Esperanza Apartments in Goleta increased from 75 rental units to 83 units that vary in size from two to five bedrooms each. Also a part of the rehabiliation, PSHH construct a new 5,000-square-foot, two-story community building that includes a learning center, Frank Renda Community Room, community kitchen, laundry facilities, two playgrounds and barbecue area. New energy and water saving features include synthetic turf, water conserving hardscape and landscaping, “smart” water controls, new drip irrigation system, and replacement of external lighting with energy-saving LED fixtures.

Dave's Thoughts On Villa La Esperanza Apartments

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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Villa La Esperanza Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Villa La Esperanza Apartments Amenities

  • Playground
  • BBQ and Picnic Area
  • Community Room
  • Laundry Facilities
  • Community Kitchen

Units at Villa La Esperanza Apartments

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/2) - Call for Price
4 Bedroom (4/2) - Call for Price
5 Bedroom (5/2) - Call for Price

Income Qualification for Villa La Esperanza 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 9 people 10 people
30% AMI for PBRA Units $31,050 / year $35,500 / year $39,950 / year $44,350 / year $47,900 / year $51,450 / year $55,000 / year $58,550 / year
50% AMI for LIHTC Units $51,800 / year $59,200 / year $66,600 / year $73,950 / year $79,900 / year $85,800 / year $91,700 / year $97,650 / year
50% AMI for PBRA Units $51,800 / year $59,200 / year $66,600 / year $73,950 / year $79,900 / year $85,800 / year $91,700 / year $97,650 / year
60% AMI for LIHTC Units $62,160 / year $71,040 / year $79,920 / year $88,740 / year $95,880 / year $102,960 / year $110,040 / year $117,180 / year
80% AMI for PBRA Units $82,950 / year $94,800 / year $106,650 / year $118,500 / year $128,000 / year $137,500 / year $146,950 / year $156,450 / year

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

FAQs for Villa La Esperanza Apartments

Does Villa La Esperanza Apartments have a waiting list?

Villa La Esperanza Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Villa La Esperanza Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Villa La Esperanza Apartments?

Villa La Esperanza Apartments is managed by Peoples Self-Help Housing headquartered in San Luis Obispo, California.

In addition to Villa La Esperanza Apartments, how many other affordable housing properties (and units) are there in Goleta?

In addition to Villa La Esperanza Apartments, we list 13 other affordable properties in Goleta. Learn about these properties here. Our data research shows that there are a total of 411 affordable units in Goleta.

Listings Near Villa La Esperanza Apartments

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Storke Ranch Family Apartments

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Isla Vista Apartments

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Goleta Accessible Apartments

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Sandpiper Apartments

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Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.