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Oroville Apartments

39 Nelson Ave, Oroville, California 95965

We hope you will find Oroville Apartments provides the best service and value in the market, while offering the opportunity to develop long standing relationships with neighbors in the community.  Our management continuously focuses on maintaining the community to the highest standards possible.  With our remodeled units and upgraded amenities we welcome you to come and see this property that we call home.

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Oroville Apartments Details

  • 62 bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Oroville HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Oroville but actual income limits may differ for units at Oroville Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,850 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% $24,750 $28,300 $31,850 $35,350 $38,200 $41,050 $43,850 $46,700
80% $39,600 $45,250 $50,900 $56,550 $61,100 $65,600 $70,150 $74,650

Oroville Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Oroville but actual income limits may differ for units at Oroville Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,750 $28,300 $31,850 $35,350 $38,200 $41,050 $43,850 $46,700
Low Income (60%) $29,700 $33,960 $38,220 $42,420 $45,840 $49,260 $52,620 $56,040

Oroville Apartments is managed by FPI Management, Inc..

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