St. Francis Terrace

2525 L St, Sacramento, California 95816

The 48-unit development located in midtown Sacramento provides housing for families, couples and single adults. The development has 20-one bedroom apartments, 10-two bedroom apartments, and 18-three bedroom apartments. Within walking distance of supermarkets, stores, hospitals and historical sites, St. Francis offers amenities that make city living attractive, including access to public transportation.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom One Bath (1/1) - Call for Price
Two Bedroom One Bath (2/1) - Call for Price
Three Bedroom One Bath (3/1) - Call for Price

St. Francis Terrace Details

  • 48 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Community Room
  • Underground Parking
  • On-Site Parking
  • Laundry Facilities

Unit Amenities

  • Balconies or Patios Available
  • Central Heat & Air
  • Washer and Dryer Included

Office Hours

Day Hours
Monday 8:30am-5:30pm
Tuesday 8:30am-5:30pm
Wednesday 8:30am-5:30pm
Thursday 8:30am-5:30pm
Friday 8:30am-5:30pm

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Sacramento Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Sacramento but actual income limits may differ for units at St. Francis Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $35,500 $40,550 $45,600 $50,650 $54,750 $58,800 $62,850 $66,900
Low Income (60%) $42,600 $48,660 $54,720 $60,780 $65,700 $70,560 $75,420 $80,280

St. Francis Terrace is managed by Mercy Housing.

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