Villa Esperanza

508 W. Mission Blvd., Pomona, CA 91766

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 625 - 975 Sq Ft
check_circle  Pets Allowed
check_circle  Family and Senior
check_circle  Affordable

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.

Villa Esperanza is a new construction family development consisting of 57 units with a mix of 1-, 2-, and 3-bedroom apartment homes. Select apartment homes will be allocated for individuals and families experiencing homelessness who are at 30% Area Median Income and below. Other apartment homes will be geared toward homeless veterans. The remaining apartment homes will be set aside for families earning below 30% and 60% of the Area Median Income. Residents also enjoy an amenity space with a large multi-purpose room along with group and individual conference rooms. The outdoor amenities for the community include an outdoor fitness area, a community garden, and a dog park.

Dave's Thoughts On Villa Esperanza

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 Villa Esperanza 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Villa Esperanza Amenities

  • Fitness Center
  • BBQ and Picnic Area
  • Community Room
  • Gated Community
  • Central Air
  • Community Garden
  • Courtyard
  • Laundry Facility
  • Energy Efficient Appliances
  • Dog Park

Units at Villa Esperanza

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 625ft2 Call for Price
Two Bedroom (2/1) 800ft2 Call for Price
Three Bedroom (3/2) 975ft2 Call for Price

Income Qualification for Villa Esperanza

*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
50% AMI for LIHTC Units $44,150 / year $50,450 / year $56,750 / year $63,050 / year $68,100 / year $73,150 / year
50% AMI for PBRA Units $44,150 / year $50,450 / year $56,750 / year $63,050 / year $68,100 / year $73,150 / year
60% AMI for LIHTC Units $52,980 / year $60,540 / year $68,100 / year $75,660 / year $81,720 / year $87,780 / year

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

FAQs for Villa Esperanza

Does Villa Esperanza have a waiting list?

Villa Esperanza 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 Villa Esperanza?

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 Villa Esperanza?

Villa Esperanza is managed by FPI Management, Inc. headquartered in Folsom, California.

In addition to Villa Esperanza, how many other affordable housing properties (and units) are there in Pomona?

In addition to Villa Esperanza, we list 18 other affordable properties in Pomona. Learn about these properties here. Our data research shows that there are a total of 1336 affordable units in Pomona.

When was the Villa Esperanza listing last updated?

Villa Esperanza listing on Affordable Housing Online was last updated on 08/08/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Villa Esperanza

Serenity Villas Senior Community

158 East Bonita Avenue, Pomona, California 91767

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Portofino Villas

121 W. Phillips Blvd., Pomona, California 91766

bed 1
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Aldea Village Community

2003-2043 South Reservoir Street, Pomona, California 91766

switch_access_shortcut Short Wait
accessibility Accessible

Holt Family Apartments

1445 E Holt Ave, Pomona, California 91767

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Mosaic Gardens at Pomona

1680 S Garey Ave, Pomona, California 91766

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Telacu Las Brisas

286 Beaver Ct, Pomona, California 91766

payment Subsidized
elderly Senior
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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