Sorrento Villas Senior Apartments

415 Country Club Drive, Simi Valley, California 93065

Sorrento Villas is a beautiful gated community for seniors 62 or better, 8 on site laundry rooms. a spa area, and a wonderful community room with bingo nights to have fun and enjoy.

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Sorrento Villas Senior Apartments Details

  • 142 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Community Room
  • Pool

Low-Income Housing Tax Credit (LIHTC)

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Simi Valley Low-Income Housing Tax Credit Income Limits

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 Sorrento Villas Senior 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

Sorrento Villas Senior Apartments is managed by Cirrus Asset Management Inc..

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