Grass Valley Terrace

275 Dorsey Dr, Grass Valley, CA 95945

Waiting List Forecast: Open Until Further Notice

check_circleVerified for 2023 by Connor Bailey, Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 Bath -

Waitlist Information

Grass Valley Terrace Apartments Waiting List

Go to the public housing authority page for this waiting list >>

70-unit apartment complex with 1-3 bedroom units located in Grass Valley, CA.

Dave's Thoughts On Grass Valley Terrace

Because Grass Valley Terrace participates in the USDA Section 515 Rural Rental Housing program, this property is likely located in a rural community and may be one of only a few rental housing choices in the area. To qualify for residency in a Section 515 property, you must earn 80% or less of Area Median Income (AMI). However, this property also participates in the LIHTC program, so most or all units in the property are likely limited to persons earning 60% of AMI. Since this property also participates in USDA's Section 521 Rental Assistance program, residents who earn 50% of the AMI or less may qualify for a subsidy that limits your rent payment to 30% of your income. Some Section 521 properties do not offer rent subsidies to all of the units, so it is possible a person earning 50% or less of the AMI is placed on a subsidy waiting list, They would have to pay the full rent until their name comes up on the list. Since this property has benefited from the LIHTC program, it is likely to be in better condition and offer more amenities than other Section 515 properties. These properties are almost always owned and managed by private/corporate owners or nonprofits. If you live in a rural area and need help paying your rent, this property may be good for you. Since this property participates in the LIHTC and RD 515 programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Grass Valley Terrace Amenities

  • On-Site Parking
  • Air Conditioning
  • Garbage Disposal
  • Patio Deck Or Balcony
  • Storage
  • Water Included
  • Smoke Free

Units at Grass Valley Terrace

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Income Qualification for Grass Valley Terrace

*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
50% AMI for LIHTC Units $36,500 / year $41,700 / year $46,900 / year $52,100 / year $56,300 / year $60,450 / year
50% AMI for PBRA Units $36,500 / year $41,700 / year $46,900 / year $52,100 / year $56,300 / year $60,450 / year
60% AMI for LIHTC Units $43,800 / year $50,040 / year $56,280 / year $62,520 / year $67,560 / year $72,540 / year

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

FAQs for Grass Valley Terrace

Does Grass Valley Terrace have a waiting list?

Grass Valley Terrace has a waiting list. See above for waiting list details.

Are rents subsidized at Grass Valley Terrace?

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 Grass Valley Terrace?

Grass Valley Terrace is managed by Hyder Property Management Professionals headquartered in San Marcos, CA.

In addition to Grass Valley Terrace, how many other affordable housing properties (and units) are there in Grass Valley?

In addition to Grass Valley Terrace, we list 16 other affordable properties in Grass Valley. Learn about these properties here. Our data research shows that there are a total of 927 affordable units in Grass Valley.

When was the Grass Valley Terrace listing last updated?

Grass Valley Terrace listing on Affordable Housing Online was last updated on 10/26/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Grass Valley Terrace

Grass Valley Senior Apartments

321 Dorsey Dr, Grass Valley, California 95945

Cedar Park Apartments

210 Sutton Way, Grass Valley, California 95945

Valley Commons Apartments

1444 Segworth Way, Grass Valley, California 95945

Glenbrook Apartments

265 Sutton Way, Grass Valley, California 95945

Oak Ridge Apartments

228 Sutton Way, Grass Valley, California 95945

Grass Valley Apartments

340 Pleasant St, Grass Valley, California 95945

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