Madrone Village

712 Sycamore Ln, Petaluma, California 94952

Madrone Village is a 23-unit apartment community located in Petaluma. The property is conveniently located near two shopping centers and is only a mile away from downtown Petaluma and within walking distance to retaurants, schools, supermarkets and public transportation.

Contact Madrone Village

Message Madrone Village

Waiting List is Closed

Last updated on July 9th, 2019

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1.5) - Call for Price

Madrone Village Details

  • 23 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Convenient Location

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.

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 Madrone Village.

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

Madrone Village is managed by Burbank Housing Corporation.

Image of Madrone Village

Nearby Low Income Apartment Communities

Richard S. Lieb Senior Apartments

210 Douglas Street
Petaluma, California
Call For Rent
1 BR

Edith Street Senior Apartments

167 Edith Street
Petaluma, California
Income Based
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Corona Ranch

990 Ely Rd N
Petaluma, California
Call For Rent
2-4 BR
Subsidized

Casa Grande Senior Apartments

400 Casa Grande Road
Petaluma, California
Income Based
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing