3869 State Street, Santa Barbara, CA 93105
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley, Ayat Elkarib| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
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.
After 113 years in the Santa Barbara community, Grace Lutheran Church will begin a new chapter with Grace Village Apartments, a new housing community for low income seniors. The A-frame church and land at 3869 State Street was gifted to the Housing Authority of the City of Santa Barbara in December, 2014 for co-development with Front Porch Development Company of the 58-unit affordable housing complex. Due to its proximity to local amenities including public transportation, medical facilities, and marketplaces, and greatly reduced parking requirements per City approvals, Grace Village Apartments incorporates a NO VEHICLE restriction for residents. That is, units are rented to occupants that do not own, use or possess a vehicle. The community, designed by RRM Design Group, features 58 one-bedroom residences and an on-site resident manager, a community room, leasing office, maintenance area, laundry room on each floor and two elevators serving all of the floors with interior corridors and all entries ADA accessible.
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 Grace Village Apartments 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $31,050 / year | $35,500 / year | $39,950 / year | $44,350 / year | $47,900 / year | $51,450 / year | $55,000 / year | $58,550 / year |
| 50% AMI for LIHTC Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year | $79,900 / year | $85,800 / year | $91,700 / year | $97,650 / year |
| 50% AMI for PBRA Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year | $79,900 / year | $85,800 / year | $91,700 / year | $97,650 / year |
| 60% AMI for LIHTC Units | $62,160 / year | $71,040 / year | $79,920 / year | $88,740 / year | $95,880 / year | $102,960 / year | $110,040 / year | $117,180 / year |
| 80% AMI for PBRA Units | $82,950 / year | $94,800 / year | $106,650 / year | $118,500 / year | $128,000 / year | $137,500 / year | $146,950 / year | $156,450 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Grace Village Apartments have a waiting list?
Grace Village Apartments 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 Grace Village Apartments?
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.
In addition to Grace Village Apartments, how many other affordable housing properties (and units) are there in Santa Barbara?
In addition to Grace Village Apartments, we list 31 other affordable properties in Santa Barbara. Learn about these properties here. Our data research shows that there are a total of 1482 affordable units in Santa Barbara.
510 North Salsipuedes Street, Santa Barbara, California 93103
422 E Cota St, Santa Barbara, California 93101
617 Garden St, Santa Barbara, California 93101
Do not pay for HUD applications.
It is against the law to charge for Section 8, Public Housing, and other HUD housing applications.Eileen Savarese says:
"Affordable Housing Online has great information constantly coming in."