331 12th St, Sacramento, CA 95814
Waiting List Forecast: Likely Short or None
Verified for 2019 by 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.
81 affordable units include studios, 1, 2 and 3 bedrooms. Brand new modern energy efficient units. Conveniently located by a light rail station for easy, affordable transportation to shopping and work. La Velentina is the recipient of many green design awards.
Because La Valentina 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.
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| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedroom (2/1) | - | Call for Price† |
| 3 Bedroom (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 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 |
| 60% AMI for LIHTC Units | $45,060 / year | $51,480 / year | $57,900 / year | $64,320 / year | $69,480 / year | $74,640 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does La Valentina have a waiting list?
La Valentina 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 La Valentina?
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 La Valentina?
La Valentina is managed by Domus Management Company headquartered in Lodi, CA.
In addition to La Valentina, how many other affordable housing properties (and units) are there in Sacramento?
In addition to La Valentina, we list 371 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.
6620 Sunnyslope Dr, Sacramento, California 95828
5450 Kohler Ave, Sacramento, California 95841
4500 Natomas Central Dr, Sacramento, California 95834
4000 Alan Shepard Street, Sacramento, California 95834
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