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Beautiful Light Apartments

1365 N Waterman Ave, San Bernardino, California 92408

Beautiful Light Apartments is a 3 story, 100 unit, project based Section 8 property that was renovated in 2018 for seniors. The newly landscaped grounds provide a peaceful park like atmosphere to relax in. The property includes digital signature entry, a luxuriously appointed community room with computer center for residents to utilize, and an upstairs library with game areas. There are laundry facilities on site complete with a comfortably furnished television area. Every detail has been attended to throughout this newly renovated property from the art lined corridors to the cozy and contemporary lobby and foyer area. 

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 600 Call for Price

Beautiful Light Apartments Details

  • 100 one bedroom units.
  • Section 202 Supportive Housing for the Elderly
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Controlled Access
  • BBQ/Picnic Area
  • Pool
  • Laundry Room
  • 24hr Emergency Maintenance
  • Gazebo

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Cable Ready
  • Window Coverings
  • Carpet

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Park

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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.

San Bernardino HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in San Bernardino but actual income limits may differ for units at Beautiful Light Apartments .

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,850 $18,100 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% $26,400 $30,150 $33,900 $37,650 $40,700 $43,700 $46,700 $49,700
80% $42,200 $48,200 $54,250 $60,250 $65,100 $69,900 $74,750 $79,550

Beautiful Light Apartments is managed by LOMCO.

Image of Beautiful Light Apartments
Image of Beautiful Light Apartments
Image of Beautiful Light Apartments
Image of Beautiful Light Apartments

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