Riverbank Family Apartments

3952 Patterson Rd, Riverbank, CA 95367

Waiting List Forecast: Likely Short or None

check_circleVerified for 2018 by Joshua Cappell
Rent Beds Baths SqFt
$360 per Month 2 - 4 Beds 1 - 2 Baths 1 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
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.

Come experience superior living at an affordable price! Contact this property today, the friendly management team is happy to help you move into your new home.

Dave's Thoughts On Riverbank Family Apartments

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 Riverbank Family Apartments 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Riverbank Family Apartments Amenities

  • Fitness Center
  • Pool
  • Walk-in Closet(s)
  • Wheel Chair Accessible
  • Individual heating and cooling systems

Units at Riverbank Family Apartments

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) 1ft2 $360
3 Bedroom (3/2) 1ft2 Call for Price
4 Bedroom (4/2) 1ft2 Call for Price

Income Qualification for Riverbank Family Apartments

*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 7 people 8 people
50% AMI for LIHTC Units $29,550 / year $33,800 / year $38,000 / year $42,200 / year $45,600 / year $49,000 / year $52,350 / year $55,750 / year
50% AMI for PBRA Units $29,550 / year $33,800 / year $38,000 / year $42,200 / year $45,600 / year $49,000 / year $52,350 / year $55,750 / year
60% AMI for LIHTC Units $35,460 / year $40,560 / year $45,600 / year $50,640 / year $54,720 / year $58,800 / year $62,820 / year $66,900 / year

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

FAQs for Riverbank Family Apartments

Does Riverbank Family Apartments have a waiting list?

Riverbank Family Apartments 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 Riverbank Family Apartments?

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 Riverbank Family Apartments?

Riverbank Family Apartments is managed by USA Properties Fund headquartered in Roseville, California.

In addition to Riverbank Family Apartments, how many other affordable housing properties (and units) are there in Riverbank?

In addition to Riverbank Family Apartments, we list 6 other affordable properties in Riverbank. Learn about these properties here. Our data research shows that there are a total of 314 affordable units in Riverbank.

Listings Near Riverbank Family Apartments

Willow Pointe Apartments

6050 Venhaus Way, Riverbank, California 95367

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

Riverview Garden Apartments

2701 Topeka Street, Riverbank, California 95367

bed 1-2
payment $728-768/mo.
switch_access_shortcut Short Wait
elderly Senior
accessibility Accessible

Riverbank Central Apartments

6108 Claus Road, Riverbank, California 95367

bed 2-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

5311 Hadley Ct

5311 Hadley Ct, Riverbank, California 95367

bed 1
payment $1000/mo.

Riverbank Senior Apartments

3101 Orange Ave, Riverbank, California 95367

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Scheela Apartments - Riverbank

3320 Sierra St, Riverbank, California 95367

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

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