Benito Affordable

425 Benito St, Soledad, CA 93960

Waiting List Forecast: Open Until Further Notice

check_circleVerified for 2023 by Lorena Bentley
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Waitlist Information

South County Waiting List

Go to the public housing authority page for this waiting list >>

Benito Street Affordable Housing Community is located in Soledad, California and is owned by Monterey County HA Development Corporation. This Low Income Housing (LIH) project has been in service since 2008 and has a total of 71 low income units.

Dave's Thoughts On Benito Affordable

Because it participates in the USDA Section 514 Farm Labor Housing program, Benito Affordable is likely located in a rural community and may be one of only a few rental housing choices in the area. To qualify for residency in a Section 514 property, you must earn a substantial portion of your income working at a farm or aquaculture facility. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property also participates in USDA's Section 521 Rental Assistance program, residents who earn 50% of the AMI or less may qualify for a subsidy that limits your rent payment to 30% of your income. Some Section 521 properties do not offer rent subsidies to all of the units, so it is possible a person earning 50% or less of the AMI is placed on a subsidy waiting list, they would have to pay the full rent until their name comes up on the list. Since this property has benefited from the LIHTC program, it is likely to be in better condition and offer more amenities than other Section 514/515 properties. These properties are almost always owned and managed by private/corporate owners or nonprofits. If you live in a rural area, work in agriculture or aquaculture, and need help paying your rent, this property may be good for you. Since this property participates in the LIHTC and RD 514 programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Benito Affordable

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $42,150 / year $48,200 / year $54,200 / year $60,200 / year $65,050 / year $69,850 / year $74,650 / year $79,500 / year
50% AMI for PBRA Units $42,150 / year $48,200 / year $54,200 / year $60,200 / year $65,050 / year $69,850 / year $74,650 / year $79,500 / year
60% AMI for LIHTC Units $50,580 / year $57,840 / year $65,040 / year $72,240 / year $78,060 / year $83,820 / year $89,580 / year $95,400 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Benito Affordable

Does Benito Affordable have a waiting list?

Benito Affordable has a waiting list. See above for waiting list details.

Are rents subsidized at Benito Affordable?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Benito Affordable?

Benito Affordable is managed by The John Stewart Company headquartered in San Francisco, California.

In addition to Benito Affordable, how many other affordable housing properties (and units) are there in Soledad?

In addition to Benito Affordable, we list 10 other affordable properties in Soledad. Learn about these properties here. Our data research shows that there are a total of 579 affordable units in Soledad.

When was the Benito Affordable listing last updated?

Benito Affordable listing on Affordable Housing Online was last updated on 10/17/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Benito Affordable

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530 Andalucia Dr, Soledad, California 93960

Camphora Apartments

32101 McCoy Road, Soledad, California 93960

Monterey Street Apartments

266 First St, Soledad, California 93960

San Vicente Townhomes

250 San Vicente Rd, Soledad, California 93960

Las Jicamas Apartments

110 Martinez Pl, Soledad, California 93960

Gabilan Family Apartments

730 San Pedro Way, Soledad, California 93960

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.