Affordable Housing Online is monitoring the federal government's response to the coronavirus disease (COVID-19) outbreak. 

An extensive list of coronavirus resources for low-income households can be found here.

Pine Ridge

349 W. Loyalton Ave., Portola, California 96122

Nice and quiet affordable housing family community located near the Tahoe forest and Reno, NV. Close to shopping, schools and public transportation. On site laundry facility and playground for kids. Please contact site manager for more details

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 628 $1,040
Two Bedroom (2/1) 796 $1,080
Three Bedroom (3/2) 950 $1,120

Pine Ridge Details

  • 50 0, 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Property Amenities

  • Playground
  • Laundry Room
  • 24hr Emergency Maintenance
  • Rural Area

Unit Amenities

  • All Appliances included
  • Cable Ready
  • Window Coverings
  • Patio, Deck Or Balcony
  • Scenic View

Nearby Amenities

  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Schools

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.

Portola 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 Portola but actual income limits may differ for units at Pine Ridge.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,300 $28,900 $32,500 $36,100 $39,000 $41,900 $44,800 $47,700
Low Income (60%) $30,360 $34,680 $39,000 $43,320 $46,800 $50,280 $53,760 $57,240

Pine Ridge is managed by The Michaels Organization.

Image of Pine Ridge
Image of Pine Ridge
Image of Pine Ridge