1824 Ethan Way, Sacramento, CA 95825
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 520 - 745 Sq Ft |
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.
Ethan Terrace Apartments have all the latest comforts in a serene environment while providing luxury affordable apartments in Sacramento. Strength meets style at this newly redesigned Sacramento apartment community where you'll find tough faux wood flooring and new granite countertops, elegant raised paneled cabinetry, energy efficient appliances, brushed nickel fixtures and schemes create a style all your own. Finally, Sacramento living as up to date as you are.
Ethan Terrace offers one and two bedroom apartment homes with all the comforts of home and so many amenities to choose from. This community features a pool with beautiful lounging area, community room with scheduled activities and laundry facilities.
Ethan Terrace is in a prime location situated within walking distance to the Arden Mall, as well as many shopping and restaurant options, we have a Walk Score of 64. Come visit Ethan Terrace and see the newly remodeled community and let our staff help you with your affordable housing needs.
Because Ethan Terrace participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, 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 One Bath (1/1) | 520ft2 | Call for Price† |
| Two Bedroom One Bath (2/1) | 745ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $37,550 / year | $42,900 / year | $48,250 / year | $53,600 / year |
| 50% AMI for PBRA Units | $37,550 / year | $42,900 / year | $48,250 / year | $53,600 / year |
| 60% AMI for LIHTC Units | $45,060 / year | $51,480 / year | $57,900 / year | $64,320 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ethan Terrace have a waiting list?
Ethan Terrace 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 Ethan Terrace?
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 Ethan Terrace?
Ethan Terrace is managed by FPI Management, Inc. headquartered in Folsom, California.
In addition to Ethan Terrace, how many other affordable housing properties (and units) are there in Sacramento?
In addition to Ethan Terrace, we list 185 other affordable properties in Sacramento. Learn about these properties here. Our data research shows that there are a total of 19630 affordable units in Sacramento.
When was the Ethan Terrace listing last updated?
Ethan Terrace listing on Affordable Housing Online was last updated on 01/01/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
If you're a homeless veteran, contact your VA Medical Center.
You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.Jacqueline Armstrong Sanders says:
"Affordable Housing Online is a great website to search for affordable housing nationwide."