Corona Ranch

990 Ely Rd N, Petaluma, California 94954

Corona Ranch offers 2, 3, and 4 bedroom apartments. This community has a washer and dryer in unit.

Contact Corona Ranch

Message Corona Ranch

Four Bedroom is Closed

Last updated on July 9th, 2019
Three Bedroom is Closed

Last updated on October 19th, 2017
Two Bedroom is Closed

Last updated on October 19th, 2017

Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1.5) - Call for Price
Three Bedroom (3/2) - Call for Price
Four Bedroom (4/2) - Call for Price

Corona Ranch Details

  • 74 two, three and four bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance

Property Amenities

  • Playground
  • Community Room
  • Outings, events, & activities
  • After School Program

Unit Amenities

  • Dishwasher
  • Washer/ Dryer

Office Hours

Day Hours
Monday 9:30am-11:30am , 1:30pm-4:30pm
Monday 9:30am-11:30am , 1:30pm-4:30pm
Wednesday 9:30am-11:30am , 1:30pm-4:30pm
Wednesday 9:30am-11:30am , 1:30pm-4:30pm
Friday 9:30am-11:30am , 1:30pm-4:30pm
Friday 9:30am-11:30am , 1:30pm-4:30pm

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 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. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Petaluma 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 Petaluma but actual income limits may differ for units at Corona Ranch.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $40,750 $46,550 $52,350 $58,150 $62,850 $67,500 $72,150 $76,800
Low Income (60%) $48,900 $55,860 $62,820 $69,780 $75,420 $81,000 $86,580 $92,160

Corona Ranch is managed by Eden Housing.

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Image of Corona Ranch
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