2950 Polk St, Redding, CA 96001
Waiting List Forecast: Likely Short or None
Verified for 2021 by Connor Bailey, Lorena Bentley, Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
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.
The Woodlands Apartments is a 75-unit apartment and are affordable for low-income residents. This includes 54 units for families and another 29 units are permanent supportive housing through the Mental Health Service Act (MHSA) program. One unit is designated for the on-site property manager. Some of the amenities offered include a community center, computer room, tot lot playground, laundry facility, and a picnic area.
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 The Woodlands 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,400 / year | $33,600 / year | $37,800 / year | $42,000 / year | $45,400 / year | $48,750 / year |
| 50% AMI for PBRA Units | $29,400 / year | $33,600 / year | $37,800 / year | $42,000 / year | $45,400 / year | $48,750 / year |
| 60% AMI for LIHTC Units | $35,280 / year | $40,320 / year | $45,360 / year | $50,400 / year | $54,480 / year | $58,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Woodlands have a waiting list?
The Woodlands 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 The Woodlands?
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 The Woodlands?
The Woodlands is managed by Northern Valley Catholic Social Service (NVCSS) headquartered in Redding, CA.
In addition to The Woodlands, how many other affordable housing properties (and units) are there in Redding?
In addition to The Woodlands, we list 65 other affordable properties in Redding. Learn about these properties here. Our data research shows that there are a total of 1157 affordable units in Redding.
1551 Market St., Redding, California 96001
1509 Yuba St, Redding, California 96001
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Ashley Prince says:
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