16915 Napa St, Los Angeles, CA 91343
Waiting List Forecast: Likely Short or None
Verified for 2021 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 633 - 1,100 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
Welcome to Balboa Court in Northridge, California. From quiet, tree-lined streets to an awesome playground, they offer an old-fashioned community environment with all the modern conveniences you're looking for. Stay fit and healthy with their great fitness center to help you keep up with your goals. Cool down in one of their two swimming pools and get some peace and quiet in our sauna. Entertain your friends at an impromptu gathering in the clubhouse or enjoy some BBQ cooking in their picnic area.
Their convenient location balances a peaceful environment with close proximity to major freeways such as the 405, shops like Northridge Fashion Center, and colleges such as CSUN.
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. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Balboa Place Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom 1 Bath (1/1) | 633ft2 | Call for Price† |
1 Bedroom 1 Bath Contemporary (1/1) | 700ft2 | Call for Price† |
2 Bedroom 2 Bath Traditional (2/2) | 1100ft2 | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
50% AMI for LIHTC Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year |
50% AMI for PBRA Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year |
60% AMI for LIHTC Units | $52,980 / year | $60,540 / year | $68,100 / year | $75,660 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Balboa Place Apartments have a waiting list?
Balboa Place Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Balboa Place Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Balboa Place Apartments?
Balboa Place Apartments is managed by Moss & Company Property Management headquartered in Sherman Oaks , California.
In addition to Balboa Place Apartments, how many other affordable housing properties (and units) are there in Los Angeles?
In addition to Balboa Place Apartments, we list 1055 other affordable properties in Los Angeles. Learn about these properties here. Our data research shows that there are a total of 70531 affordable units in Los Angeles.
21350 Parthenia Street, Los Angeles, California 91304
3035-3045 Sierra Street , Los Angeles, California 90031
6731 Leland Way, Los Angeles, California 90028
2250 Parkside Ave, Los Angeles, California 90031
Preferences are not a requirement.
You should still consider applying to waiting lists with preferences you don't qualify for. There is still a chance to get housing.Ivette Betancourt says:
"Affordable Housing Online is a helpful website that can benefit many families looking for a decent affordable home."