Ventaliso

609 Richmar Ave, San Marcos, CA 92069

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 Bath -

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Located in San Marcos, California, Ventaliso was built in 2001 and provides 48 one, two and three bedroom apartments for families earning 30-60% of the area median income (A.M.I). Ventaliso features on site management and laundry, a furnished community room and an adjacent computer room for residents to use. There is a tot lot, outdoor barbeque with picnic tables and underground, gated parking. Management provides after school classes as well as computer skills, and a free cooking class is provided through the nonprofit e.a.t. organization.

Dave's Thoughts On Ventaliso

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Ventaliso does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Ventaliso Amenities

  • BBQ and Picnic Area
  • Community Room
  • On-Site Laundry

Units at Ventaliso

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Rent is Based On Your Income
2 Bedroom (2/1) - Rent is Based On Your Income
3 Bedroom (3/1) - Rent is Based On Your Income

Income Qualification for Ventaliso

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $48,250 / year $55,150 / year $62,050 / year $68,900 / year $74,450 / year $79,950 / year
50% AMI for PBRA Units $48,250 / year $55,150 / year $62,050 / year $68,900 / year $74,450 / year $79,950 / year
60% AMI for LIHTC Units $57,900 / year $66,180 / year $74,460 / year $82,680 / year $89,340 / year $95,940 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Ventaliso

Does Ventaliso have a waiting list?

Ventaliso probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Ventaliso?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Ventaliso?

Ventaliso is managed by Solari Enterprises Inc. headquartered in Orange, California.

In addition to Ventaliso, how many other affordable housing properties (and units) are there in San Marcos?

In addition to Ventaliso, we list 23 other affordable properties in San Marcos. Learn about these properties here. Our data research shows that there are a total of 1840 affordable units in San Marcos.

When was the Ventaliso listing last updated?

Ventaliso listing on Affordable Housing Online was last updated on 01/01/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Ventaliso

Sierra Vista Apartments

422 Los Vallecitos Blvd., San Marcos, California 92069

bed 2-3

Sage Pointe

225 Autumn Drive, San Marcos, California 92069

bed 1-2

Alora

604 Richmar Ave., San Marcos, California 92069

bed 1-3

Paseo del Oro Apartments

432 W Mission Rd, San Marcos, California 92069

bed 1-3

Eastgate at Creekside

16 Creekside Dr, San Marcos, California 92078

bed 1-3

Ventaliso II Apartments

609 Richmar Ave, San Marcos, California 92069

bed 1-3
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.