2088 W La Loma Dr, Rancho Cordova, CA 95670
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
La Loma is located on West La Loma Drive, just North of Folsom Boulevard Drive, in Rancho Cordova, California. Affordable one, two, and three bedroom apartment homes are surrounded by shade trees and green lawns, and the playground is popular with resident families. Our residents have access to the community room with entertainment options and the modern computer center. Nearby conveniences include gas station and restaurants, and the Mather Field/Mills Station light rail station is less than a mile away. La Loma is professionally managed by Madrona Ridge Residential, which provides twenty-four-hour emergency maintenance response and services from a Resident Services Coordinator who visits the community and hosts health and educational classes.
Since La Loma participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedrooms (2/1) | - | Call for Price† |
| 3 Bedrooms (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $22,550 / year | $25,750 / year | $28,950 / year | $32,150 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $37,550 / year | $42,900 / year | $48,250 / year | $53,600 / year | $57,900 / year | $62,200 / year |
| 50% AMI for PBRA Units | $37,550 / year | $42,900 / year | $48,250 / year | $53,600 / year | $57,900 / year | $62,200 / year |
| 80% AMI for PBRA Units | $60,050 / year | $68,600 / year | $77,200 / year | $85,750 / year | $92,650 / year | $99,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does La Loma have a waiting list?
La Loma probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at La Loma?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges La Loma?
La Loma is managed by Reiner Communities headquartered in Irvine , California.
In addition to La Loma, how many other affordable housing properties (and units) are there in Rancho Cordova?
In addition to La Loma, we list 6 other affordable properties in Rancho Cordova. Learn about these properties here. Our data research shows that there are a total of 487 affordable units in Rancho Cordova.
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