Villa Santa Fe Apartments I was part of a multi-million dollar rehabilitation and financial repositioning of two senior apartment complexes owned by the Housing Authority – Villa Santa Fe Apartments I (formerly known as SHIFCO) and Villa Santa Fe Apartments II (formerly known as Villa La Cumbre).
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Santa Barbara but actual income limits may differ for units at Villa Sante Fe Apartments I.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $29,350 | $33,550 | $37,750 | $41,900 | $45,300 | $48,650 | $52,000 | $55,350 |
50% | $48,900 | $55,900 | $62,900 | $69,850 | $75,450 | $81,050 | $86,650 | $92,250 |
80% | $78,350 | $89,550 | $100,750 | $111,900 | $120,900 | $129,850 | $138,800 | $147,750 |
Villa Sante Fe Apartments I is managed by Housing Authority of the City of Santa Barbara.