95 Tuscany Dr., Oroville, CA 95965
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
Oroville’s newest apartments are ready for you! The first of three phases of Olive Ranch Apartments will be opening late Summer of 2022; these brand-new apartments feature central heat & air, refrigerators, and energy efficient appliances. The community amenities include a basketball court, laundry room, nearby shopping, and off-street parking. Reach out today to reserve your spot!
Each phase of Olive Ranch Apartments will consist of one, two, and three-bedroom units in with a community center building with outdoor community amenities areas provided on the site. The first phase of this proposed project is an 81-unit affordable family apartment community with a mix of one, two, and three-bedroom residential units in three three-story buildings ranging from 24 to 30 units each and a separate community building with amenities including outdoor activity space, outdoor lounge and grill area, tot lot and children recreation area. Residential buildings will be arranged along an internal loop drive on the site with access from both Rio Vista Drive and Table Mountain Boulevard.
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 Olive Ranch 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/2) | - | 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 | $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.
Does Olive Ranch Apartments have a waiting list?
Olive Ranch 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 Olive Ranch 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 Olive Ranch Apartments?
Olive Ranch Apartments is managed by FPI Management, Inc. headquartered in Folsom, California.
In addition to Olive Ranch Apartments, how many other affordable housing properties (and units) are there in Oroville?
In addition to Olive Ranch Apartments, we list 15 other affordable properties in Oroville. Learn about these properties here. Our data research shows that there are a total of 1078 affordable units in Oroville.
When was the Olive Ranch Apartments listing last updated?
Olive Ranch Apartments listing on Affordable Housing Online was last updated on 08/09/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Preferences must be verified by documents.
Have documentation ready that shows you qualify for a waiting list's preferences.Lela Mima says:
"I love that this website lets you know where Section 8 will be open, and you have choices to pick where to apply. Thank you Affordable Housing Online!"