4500 Natomas Central Dr, Sacramento, CA 95834
Waiting List Forecast: Likely Short or None
Verified for 2018 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $670 - 1,129 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
Our beautiful community offers one, two, and three bedroom apartment homes. Valencia Point is located in the Natomas Community of Sacramento California. We feature lush landscaping, play areas, an activity room, and an onsite laundry facility for our residents. “Rent, specials and/or offers are subject to change at any time.” Valencia Point is an income restricted property. Please call for more details.
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 Valencia Point 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) | 687ft2 | $670† |
| Two Bedroom (2/1) | - | $690 $1,129† |
| Three Bedroom (3/2) | 1ft2 | $1,129† |
| 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 Valencia Point have a waiting list?
Valencia Point 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 Valencia Point?
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 Valencia Point?
Valencia Point is managed by St. Anton Capital headquartered in Sacramento, CA.
In addition to Valencia Point, how many other affordable housing properties (and units) are there in Sacramento?
In addition to Valencia Point, 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
4000 Alan Shepard Street, Sacramento, California 95834
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Candice Bishop says:
"I love that I can get emails from Affordable Housing Online, letting me know when there are more waiting list openings. Thank you!"