6706 S. Main St., Los Angeles, CA 90003
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Colleen CarterRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 2 - 3 Beds | 1 - 2 Baths | - |
This property is currently under construction.
Ruth Teague has fifty-one (51) units designated for homeless individuals. For these supportive housing units, the property will utilize the Coordinated Entry System (CES), a wait list program administered by the Los Angeles Homeless Services Authority (LAHSA). Referrals will be processed in order received from the referral agency.
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 Ruth Teague Homes 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.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | - | Call for Price† |
Three Bedroom (3/2) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year | $68,100 / year | $73,150 / year |
50% AMI for PBRA Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year | $68,100 / year | $73,150 / year |
60% AMI for LIHTC Units | $52,980 / year | $60,540 / year | $68,100 / year | $75,660 / year | $81,720 / year | $87,780 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ruth Teague Homes have a waiting list?
Ruth Teague Homes 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 Ruth Teague Homes?
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 Ruth Teague Homes?
Ruth Teague Homes is managed by The John Stewart Company headquartered in San Francisco, California.
In addition to Ruth Teague Homes, how many other affordable housing properties (and units) are there in Los Angeles?
In addition to Ruth Teague Homes, we list 1089 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.
When was the Ruth Teague Homes listing last updated?
Ruth Teague Homes listing on Affordable Housing Online was last updated on 08/22/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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