Camino Esperanza is a rental community serving seniors age 62 years and older with 31 one-bedroom units. Eleven units are for Seniors with developmental disabilities at 25 percent of the area median income. The remaining 19 units are available for seniors earning up to 50 percent of the area median income. Two units are ADA compliant and 28 are fully adaptable.
Last updated on November 20th, 2019
|One Bedroom (1/1)||-||Call for Price|
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.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Simi Valley but actual income limits may differ for units at Camino Esperanza Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$39,250||$44,850||$50,450||$56,050||$60,550||$65,050||$69,550||$74,000|
|Low Income (60%)||$47,100||$53,820||$60,540||$67,260||$72,660||$78,060||$83,460||$88,800|