Esperanza Village

125 N. C St., Madera, CA 93638

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents Studio - 3 Beds 1 Bath -
check_circle  Family and Senior
check_circle  Veterans
check_circle  Affordable

Waitlist Forecast

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.

Esperanza Village is a newly built affordable housing community split into two buildings. This community offers studio, 1-, 2-, and 3- bedroom units.

Dave's Thoughts On Esperanza Village

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 Esperanza Village 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Esperanza Village Amenities

  • On-Site Parking
  • Dishwasher
  • Garbage Disposal
  • Refrigerator
  • Oven and Range

Units at Esperanza Village

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

Income Qualification for Esperanza Village

*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 $28,900 / year $33,000 / year $37,150 / year $41,250 / year $44,550 / year $47,850 / year
50% AMI for PBRA Units $28,900 / year $33,000 / year $37,150 / year $41,250 / year $44,550 / year $47,850 / year
60% AMI for LIHTC Units $34,680 / year $39,600 / year $44,580 / year $49,500 / year $53,460 / year $57,420 / year

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

FAQs for Esperanza Village

Does Esperanza Village have a waiting list?

Esperanza Village 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 Esperanza Village?

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 Esperanza Village?

Esperanza Village is managed by Buckingham Property Management headquartered in Fresno, California.

In addition to Esperanza Village, how many other affordable housing properties (and units) are there in Madera?

In addition to Esperanza Village, we list 25 other affordable properties in Madera. Learn about these properties here. Our data research shows that there are a total of 1596 affordable units in Madera.

When was the Esperanza Village listing last updated?

Esperanza Village listing on Affordable Housing Online was last updated on 08/10/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Esperanza Village

Madera Apartments

1525 E Cleveland Ave, Madera, California 93638

bed 1-3
payment $1084-1165/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Sugar Pine Village

203 E. Lewis St., Madera, California 93637

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Parksdale Village, Phase II

13600 Wood St, Madera, California 93638

bed 2-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Valley Vista Apartments

1832 Merced St, Madera, California 93638

switch_access_shortcut Short Wait
accessibility Accessible

Valle De Las Brisas Apartments

101 E Adell St, Madera, California 93638

bed 1
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

1105 Celeste Ct

1105 Celeste Ct, Madera, California 93638

bed 3
payment $1900/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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