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Jackson Cornerstone Apartments

1029 N. Main St. #9, Jackson, California 95642

Jackson Cornerstone Apartments has been in service since 2004 and now has a total of 62 units at affordable pricing. It's all about living where you love to come home to and where all of the conveniences are just outside your door to major employers, and minutes away from everything. 

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 648 $888
Two Bedroom (2/1) 823 $928
Three Bedroom (3/1) 1036 $958

Jackson Cornerstone Apartments Details

  • 62 0, 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Playground
  • BBQ/Picnic Area
  • Community Room
  • Laundry Room
  • 24hr Emergency Maintenance
  • Rural Area

Unit Amenities

  • All Appliances included
  • Garbage Disposal
  • Window Coverings
  • Carpet

Nearby Amenities

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

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Jackson 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 Jackson but actual income limits may differ for units at Jackson Cornerstone Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,550 $31,500 $35,450 $39,350 $42,500 $45,650 $48,800 $51,950
Low Income (60%) $33,060 $37,800 $42,540 $47,220 $51,000 $54,780 $58,560 $62,340

Jackson Cornerstone Apartments is managed by The Michaels Organization.

Image of Jackson Cornerstone Apartments
Image of Jackson Cornerstone Apartments
Image of Jackson Cornerstone Apartments
Image of Jackson Cornerstone Apartments

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