Triangle Terrace Apartments

555 S Shaffer St, Orange, CA 92866

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Lorena Bentley, Ayat Elkarib, Colleen Carter
Rent Beds Baths SqFt
Call for Rents Studio - 1 Bed 1 Bath -
check_circle  Senior (62+)
check_circle  Accessible Units
check_circle  Project-Based Rental Assistance
check_circle  Supportive Housing for the Elderly

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.

Triangle Terrace is an affordable senior (62+) community compromised of studio and 1-bedroom apartments. Each unit is furnished with an oven/range & full size refrigerator and rent includes water and trash. The building is located on 3.4 acres of beautiful grounds with lots of trees and green grass that present a peaceful and quiet setting.  Hart Park located next to the property provides, hiking trails, picnic tables, and beautiful scenery.  The common areas include a lobby, community room with a big screen TV and resident computers, as well as laundry facilities.  Triangle Terrace is a fully gated community with controlled entry access in the evening and the large parking lot provides ample parking for the residents. 

 Accessible units are available for mobility impairments.

Dave's Thoughts On Triangle Terrace Apartments

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 Triangle Terrace 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 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many 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 lower incomes. 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

Triangle Terrace Apartments Amenities

  • Controlled Access
  • Community Room
  • Laundry Room
  • Gated Community
  • Cable Ready
  • Trash Included
  • Water Included
  • Walking Trails

Units at Triangle Terrace Apartments

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom One Bath (1/1) - Call for Price

Income Qualification for Triangle Terrace 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 7 people 8 people
30% AMI for PBRA Units $30,150 / year $34,450 / year $38,750 / year $43,050 / year $46,500 / year $49,950 / year $53,400 / year $56,850 / year
50% AMI for LIHTC Units $50,250 / year $57,400 / year $64,600 / year $71,750 / year $77,500 / year $83,250 / year $89,000 / year $94,750 / year
50% AMI for PBRA Units $50,250 / year $57,400 / year $64,600 / year $71,750 / year $77,500 / year $83,250 / year $89,000 / year $94,750 / year
60% AMI for LIHTC Units $60,300 / year $68,880 / year $77,520 / year $86,100 / year $93,000 / year $99,900 / year $106,800 / year $113,700 / year
80% AMI for PBRA Units $80,400 / year $91,850 / year $103,350 / year $114,800 / year $124,000 / year $133,200 / year $142,400 / year $151,550 / year

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

FAQs for Triangle Terrace Apartments

Does Triangle Terrace Apartments have a waiting list?

Triangle Terrace 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 Triangle Terrace 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 Triangle Terrace Apartments ?

Triangle Terrace Apartments is managed by ConAm Management Corporation headquartered in San Diego, California.

In addition to Triangle Terrace Apartments , how many other affordable housing properties (and units) are there in Orange?

In addition to Triangle Terrace Apartments , we list 16 other affordable properties in Orange. Learn about these properties here. Our data research shows that there are a total of 1049 affordable units in Orange.

When was the Triangle Terrace Apartments listing last updated?

Triangle Terrace Apartments listing on Affordable Housing Online was last updated on 08/18/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Triangle Terrace Apartments

Casa Ramon Apartments

840 W Walnut Ave, Orange, California 92868

bed 1-3

Lemon Grove Apartments

1148 N Lemon St, Orange, California 92867

bed 2-3

The Knolls Apartments

3138 Maple Avenue, Orange, California 92869

bed 2

Buena Vista Apartments

16451 E Buena Vista Ave, Orange, California 92865

Serrano Woods

2060 N Park Ln, Orange, California 92865

bed 2-3

Stonegate Senior Apartments

170 N Prospect Street, Orange, California 92869

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.