Sterling Village, located at 7360 Sterling Avenue in San Bernardino, has one, two and three bedroom apartments. Sterling Village participates in the Low-Income Housing Tax Credit (LIHTC) program.
|1 Bedroom (1/1)||-||Call for Price|
|2 Bedrooms (2/1)||-||Call for Price|
|3 Bedrooms (3/2)||-||Call for Price|
Sterling Village is a community of affordable apartment homes located at the corner of East Baseline Street and Sterling Avenue in San Bernardino, California. Sterling Village is managed by Madrona Ridge Residential, an industry leader in professional multi-family residential management. Our Resident Services Coordinator visits the community and hosts health and educational classes, and twenty-four-hour emergency maintenance response is available to assist our residents. Local conveniences include restaurants, gas station, and market. Warm Springs Elementary School is 0.2 miles away, and San Gorgonio High School is just under a mile. This quaint two-story community offers one, two, and three bedroom apartment homes, and our residents have use of the community room, computer center, picnic area, and children's playground.
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.
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 San Bernardino but actual income limits may differ for units at Sterling Village.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$25,150||$28,750||$32,350||$35,900||$38,800||$41,650||$44,550||$47,400|
|Low Income (60%)||$30,180||$34,500||$38,820||$43,080||$46,560||$49,980||$53,460||$56,880|
Sterling Village was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.
Sterling Village is managed by Security Properties Residential .