4201 Jamboree Rd, Newport Beach, CA 92660
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley, Ayat Elkarib, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | - |
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.
One Uptown Newport is a mixed-income community that offers a variety of studio, 1-bedroom, and 2-bedroom floor plans. Ninety-two (92) units are reserved for residents who make no more than 50% Area Median Income (AMI). Each unit features quartz countertops, stainless steel appliances, wood-style flooring, bedroom blackout shades, and dual-paned windows. Community amenities include a club room, fitness center, pool, outdoor lounge areas, community park, pet-grooming spas, parcel locker system, and virtual golf simulator.
Pet Policy: One Uptown Newport Affordable Apartments will accept up to two indoor pets per apartment*. There is a $500 pet deposit per animal (cat/dog) and a $50/month pet rent per animal (cat/dog). Cats and dogs must be spayed/neutered, licensed and inoculated as required by local law for each animal. Resident must keep license and inoculations current within the local municipality. All other types of animals must be caged. Reptile and fish tanks cannot exceed 5 gallons without management approval. Tanks exceeding 5 gallons will only be allowed in first floor apartments. Please contact the property for dog breed restrictions.
*Assistive animals trained to assist blind, deaf, or other disabled individuals are always permitted. Emotional support animals are accepted upon verification of disability and the need for accommodation.
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 One Uptown Newport Affordable 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 |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $50,250 / year | $57,400 / year | $64,600 / year | $71,750 / year |
| 50% AMI for PBRA Units | $50,250 / year | $57,400 / year | $64,600 / year | $71,750 / year |
| 60% AMI for LIHTC Units | $60,300 / year | $68,880 / year | $77,520 / year | $86,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does One Uptown Newport Affordable Apartments have a waiting list?
One Uptown Newport Affordable 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 One Uptown Newport Affordable 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 One Uptown Newport Affordable Apartments?
One Uptown Newport Affordable Apartments is managed by Picerne Real Estate Group headquartered in Altamonte Springs, FL.
In addition to One Uptown Newport Affordable Apartments, how many other affordable housing properties (and units) are there in Newport Beach?
In addition to One Uptown Newport Affordable Apartments, we list 4 other affordable properties in Newport Beach. Learn about these properties here. Our data research shows that there are a total of 352 affordable units in Newport Beach.
When was the One Uptown Newport Affordable Apartments listing last updated?
One Uptown Newport Affordable Apartments listing on Affordable Housing Online was last updated on 09/07/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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