Cottonwood Place Apartments

24115 Cottonwood Ave, Moreno Valley, CA 92553

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Lorena Bentley, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 2 - 3 Beds 1 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
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.

The County committed HOME funds for the development and construction of a 61-unit rental housing complex, all of which are 3 bedroom units, for families in the City of Moreno Valley. The project included a 1,800 square foot community building with a community meeting room, kitchen, restrooms, laundry facilities, a swimming pool, and a tot lot. Other funding included a loan from the City of Moreno Valley Redevelopment Agency, a deferred developer’s fee and a tax credit equity contribution. Construction began in October 2003 and completed in August 2005. The total development cost was $9,867,869. The affordability period is for 55 years.

Dave's Thoughts On Cottonwood Place Apartments

Because Cottonwood Place Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Cottonwood Place Apartments Amenities

  • Tot Lot
  • BBQ and Picnic Area
  • Community Room
  • On-Site Manager
  • Pool
  • Covered Parking
  • Gated Community
  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Refrigerator
  • Oven and Range
  • Central Heat & Air
  • Computer Room
  • Laundry Facility
  • Private Patio and Balcony

Units at Cottonwood Place Apartments

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

Income Qualification for Cottonwood Place Apartments

*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 $32,650 / year $37,300 / year $41,950 / year $46,600 / year $50,350 / year $54,100 / year
50% AMI for PBRA Units $32,650 / year $37,300 / year $41,950 / year $46,600 / year $50,350 / year $54,100 / year
60% AMI for LIHTC Units $39,180 / year $44,760 / year $50,340 / year $55,920 / year $60,420 / year $64,920 / year

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

FAQs for Cottonwood Place Apartments

Does Cottonwood Place Apartments have a waiting list?

Cottonwood 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 Cottonwood 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 Cottonwood Place Apartments?

Cottonwood Place Apartments is managed by ConAm Management Corporation headquartered in San Diego, California.

In addition to Cottonwood Place Apartments, how many other affordable housing properties (and units) are there in Moreno Valley?

In addition to Cottonwood Place Apartments, we list 21 other affordable properties in Moreno Valley. Learn about these properties here. Our data research shows that there are a total of 994 affordable units in Moreno Valley.

Listings Near Cottonwood Place Apartments

TELACU Villa

25105 Fir Ave, Moreno Valley, California 92553

bed Studio-1
payment Subsidized
elderly Senior

Eucalyptus Towers Co-op

24169 Eucalyptus Avenue, Moreno Valley, California 92553

bed 1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
elderly Senior
accessibility Accessible

Amber Ridge Apartments

13400 Elsworth Street, Moreno Valley, California 92553

bed 1-3

Courtyards at Cottonwood

24580 Cottonwood Ave., Moreno Valley, California 92553

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Hemlock Family Apartments

24889 Hemlock Ave, Moreno Valley, California 92557

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Moreno Valley Housing

24545 Bay Ave, Moreno Valley, California 92553

payment Subsidized
accessibility Accessible
accessible_forward Disability
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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