Oak Ridge Apartments

228 Sutton Way, Grass Valley, California 95945

Oak Ridge Apartments, located at 228 Sutton Way in Grass Valley, has two, three and four bedroom apartments. Oak Ridge Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 830 Call for Price
Three Bedroom (3/2) 1002 Call for Price
Four Bedroom (4/2) 1218 Call for Price

Oak Ridge Apartments Details

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

Property Amenities

  • Playground
  • Basketball Court
  • BBQ/Picnic Area
  • Community Room
  • Laundry Room

Unit Amenities

  • Handicapped Accessible
  • Dishwasher
  • Garbage Disposal
  • Washer/Dryer Hookup
  • Cable Ready
  • Window Coverings
  • Carpet
  • Patio, Deck Or Balcony
  • Private Entrance
  • Scenic View

Nearby Amenities

  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

About Oak Ridge Apartments

Tucked away in the gorgeous Sierra Nevada foothills, Oak Ridge Apartments provides a safe, quiet retreat for you and your family. With lush landscaping, a playground, barbeque and picnic areas, and a central community room, Oak Ridge is the perfect place to relax and get to know your neighbors. Come take a tour of our unique community, and you’ll see why so many people are proud to call it home.

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.

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 Oak Ridge 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

Oak Ridge 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.

Oak Ridge Apartments is managed by Cambridge Real Estate Services.

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