2268 Stony Point Rd., Santa Rosa, CA 95407
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 598 - 983 Sq Ft |
This property is currently under construction.
Stony Point Flats will offer a perfect mix of unit sizes and popular amenities. Whether you're seeking a cozy one-bedroom or a spacious three-bedroom apartment, we have a variety of options to suit your needs. Residents will enjoy an array of popular amenities, including a state-of-the-art fitness center, an outdoor play area with playground for children, and a vibrant clubhouse perfect for socializing. With its close proximity to parks, shopping centers, and major highways, Stony Point Flats provides convenient living without sacrificing affordability.
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 Stony Point Flats 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 |
|---|---|---|
| One Bedroom (1/1) | 598ft2 | Call for Price† |
| Two Bedroom (2/1) | 720ft2 | Call for Price† |
| Three Bedroom (3/2) | 983ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $44,050 / year | $50,350 / year | $56,650 / year | $62,900 / year | $67,950 / year | $73,000 / year |
| 50% AMI for PBRA Units | $44,050 / year | $50,350 / year | $56,650 / year | $62,900 / year | $67,950 / year | $73,000 / year |
| 60% AMI for LIHTC Units | $52,860 / year | $60,420 / year | $67,980 / year | $75,480 / year | $81,540 / year | $87,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Stony Point Flats have a waiting list?
Stony Point Flats 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 Stony Point Flats?
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 Stony Point Flats?
Stony Point Flats is managed by FPI Management, Inc. headquartered in Folsom, California.
In addition to Stony Point Flats, how many other affordable housing properties (and units) are there in Santa Rosa?
In addition to Stony Point Flats, we list 84 other affordable properties in Santa Rosa. Learn about these properties here. Our data research shows that there are a total of 4124 affordable units in Santa Rosa.
When was the Stony Point Flats listing last updated?
Stony Point Flats listing on Affordable Housing Online was last updated on 08/04/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Tangala Tonya Mcfashion says:
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