Trailside Terrace Apartments features 40 multifamily “work-force housing” apartments in the community of Shingle Springs in unincorporated El Dorado County. The apartments are situated within three separate buildings with walk-up flats. The apartments are a mix of one-, two- and three-bedroom homes for households earning between 20 percent and 55 percent of the area median income.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Sunset Lane Apartments is managed by Mercy Housing.