Renovated in 2015, Las Serenas Apartments is a 108-home community in San Diego featuring on-site resident services and new amenities. Residents can enjoy upgraded apartments and access to CHW's resident programs and computer lab with new equipment.
The Las Serenas renovation was funded in whole or in part with Community Development Block Grant (CDBG) Program funds provided by the U.S. Department of Housing and Urban Development (HUD).
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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 Diego but actual income limits may differ for units at Las Serenas Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$42,450||$48,500||$54,550||$60,600||$65,450||$70,300||$75,150||$80,000|
|Low Income (60%)||$50,940||$58,200||$65,460||$72,720||$78,540||$84,360||$90,180||$96,000|
Las Serenas Apartments is managed by Community Housing Works.