Luther Tower Apartments, located at 1455 2nd Ave in San Diego, has studio and one bedroom apartments. Luther Tower Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.
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Luther Tower is a 200-unit 14 story residential apartment building that was previously developed through a HUD Section 202 loan and provides housing to qualified low income seniors 62 years and older. Luther Tower is now section 42 Tax Credit housing for seniors, 55 years and older. With New Ownership in place, Luther Tower has undergone both full unit and community space renovations and installed state of the art equipment.
They are located in downtown San Diego at 1455 2nd Avenue in close proximity to Interstate 5 and the airport. The building offers one full-time on-site service coordinator who assists residents with personal concerns such as filling out forms, reviewing your mail, reviewing medical bills, locating domestic services, reviewing social security issues and much more. In addition, they offer their seniors the opportunity to be involved in various activities in the building such as Friday night bingo, card playing, dominoes, puzzles and arts & crafts.
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.
Luther Tower Apartments is managed by Royal Property Management.