3521 Pioneer Trl, South Lake Tahoe, CA 96150
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Set among the trees in one of California’s most beautiful regions, The Aspens at South Lake represents the finest in affordable rental housing. Join our community and be the first to call your new apartment ‘home’. Enjoy picnic areas and our central playground, as well as our convenient location at Ski Run Boulevard and Pioneer Trail Road. Apartments are now available for leasing. Don’t delay. Apply today!
Because The Aspens at South Lake participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $37,550 / year | $42,900 / year | $48,250 / year | $53,600 / year | $57,900 / year | $62,200 / year | $66,500 / year | $70,800 / year |
| 50% AMI for PBRA Units | $37,550 / year | $42,900 / year | $48,250 / year | $53,600 / year | $57,900 / year | $62,200 / year | $66,500 / year | $70,800 / year |
| 60% AMI for LIHTC Units | $45,060 / year | $51,480 / year | $57,900 / year | $64,320 / year | $69,480 / year | $74,640 / year | $79,800 / year | $84,960 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Aspens at South Lake have a waiting list?
The Aspens at South Lake 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 The Aspens at South Lake?
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 The Aspens at South Lake?
The Aspens at South Lake is managed by Cambridge Real Estate Services headquartered in Portland, Oregon.
In addition to The Aspens at South Lake, how many other affordable housing properties (and units) are there in South Lake Tahoe?
In addition to The Aspens at South Lake, we list 10 other affordable properties in South Lake Tahoe. Learn about these properties here. Our data research shows that there are a total of 445 affordable units in South Lake Tahoe.
When was the The Aspens at South Lake listing last updated?
The Aspens at South Lake listing on Affordable Housing Online was last updated on 01/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Gordon Gross says:
"The best feature of Affordable Housing Online is being notified by email when a waiting list opens, or is scheduled to do so. I'm very grateful for this website's services."