Sorrento Towers

2875 Cowley Way, San Diego, California 92110

Sorrento Towers, located at 2875 Cowley Way in San Diego, has studio and one bedroom apartments. Sorrento Towers participates in the Section 8 Project-Based Rental Assistance and Section 42 Low-Income Housing Tax Credit (LIHTC) programs.

Contact Sorrento Towers

Message Sorrento Towers

Waiting List is Closed

Last updated on September 21st, 2017

Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Income Based
1 Bedroom (1/1) - Income Based

Sorrento Towers Details

  • 198 studio and one bedroom units.
  • Project-Based Rental Assistance

Nearby Amenities

  • Close to Shopping
  • Near Bank
  • Near Restaurants

Office Hours

Day Hours
Monday 10:00am-4:00pm
Tuesday 10:00am-4:00pm
Wednesday 10:00am-4:00pm
Thursday 10:00am-4:00pm
Friday 10:00am-4:00pm
Saturday Closed
Sunday Closed

About Sorrento Towers

Welcome to Sorrento Tower,

Sorrento Tower is an independent-living apartment community for low-income seniors and those with disabilities. It is conveniently located in the Clairemont area of San Diego and is in walking distance of stores, banks, restaurants, and a public library. Sorrento Tower has on-site management and maintenance personnel for your convenience. There is a shared laundry facility, library, and media room, along with plenty of activities for varying interests. All tenants must be pre-qualified and there is currently a waiting list.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Section 42 Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC and therefore may be set at levels higher than the area's LIHTC limits.

San Diego HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $20,450 $23,400 $26,300 $29,200 $31,550 $33,900 $38,060 $42,380
50% $34,100 $38,950 $43,800 $48,650 $52,550 $56,450 $60,350 $64,250
80% $54,500 $62,300 $70,100 $77,850 $84,100 $90,350 $96,550 $102,800

San Diego Low Income Housing Tax Credit Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $34,100 $38,950 $43,800 $48,650 $52,550 $56,450 $60,350 $64,250
60% $40,920 $46,740 $52,560 $58,380 $63,060 $67,740 $72,420 $77,100

Sorrento Towers was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Sorrento Towers has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

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.

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