Cedar Park Apartments

210 Sutton Way, Grass Valley, California 95945

Cedar Park Apartments, located at 210 Sutton Way in Grass Valley, has two, three and four bedroom apartments. Cedar Park Apartments participates in the Low-Income Housing Tax Credit (LIHTC) and HOME Investment Partnerships Program programs.

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Units

Unit (Bd/Ba) Ft2 Rent
2 BR (2/1) 630 From $727 To $909
3 BR (3/1) 1002 From $815 To $1,045
4 BR (4/2) 1257 From $866 To $1,154

Cedar Park Apartments Details

  • 81 two, three and four bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • Basketball Court
  • Community Room
  • On-Site Manager
  • 24hr Emergency Maintenance
  • Beautiful Landscape

Unit Amenities

  • Dishwasher
  • Washer/Dryer Hookup
  • Spacious Closets
  • Patio, Deck Or Balcony
  • Spacious floor plans
  • Stove
  • Electric Range
  • Frost-Free Refrigerator

Nearby Amenities

  • Close to Shopping

About Cedar Park Apartments

Set among the trees in one of California’s most beautiful regions, Cedar Park is an attractive and impeccably-maintained affordable housing community. Our residents can often be spotted enjoying our picnic area (complete with tables and barbeques), working up sweat on the basketball court, or simply enjoying the lovely weather on their porch or balcony.

Low-Income Housing Tax Credit (LIHTC)

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Grass Valley Low-Income Housing Tax Credit Income Limits

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 Grass Valley but actual income limits may differ for units at Cedar Park Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,900 $31,900 $35,900 $39,850 $43,050 $46,250 $49,450 $52,650
Low Income (60%) $33,480 $38,280 $43,080 $47,820 $51,660 $55,500 $59,340 $63,180

Cedar Park Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Cedar Park Apartments is managed by Cambridge Real Estate Services.

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Image of Cedar Park Apartments
Image of Cedar Park Apartments
Image of Cedar Park Apartments
Image of Cedar Park Apartments
Image of Cedar Park Apartments