Charleston Place Apartments

1515 E. Bianchi Road, Stockton, California 95210

Charleston Place Apartments, located at 1515 E. Bianchi Road in Stockton, has two, three and four bedroom apartments. Charleston Place Apartments participates in the Low-Income Housing Tax Credit (LIHTC) and HOME Investment Partnerships Program programs.

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Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/2) 960 From $515 To $725
Three Bedroom (3/2) 1130 From $720 To $835
Four Bedroom (4/2) 1410 From $790 To $935

Charleston Place Apartments Details

  • 82 two, three and four bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • Basketball Court
  • Community Room
  • Covered Parking
  • Swimming pool

Unit Amenities

  • Central Air
  • Dishwasher
  • Garbage Disposal
  • Washer/Dryer Hookup
  • Walk-in Closet(s)
  • Window Coverings
  • Carpet
  • Patio, Deck Or Balcony

Nearby Amenities

  • Close to Downtown District
  • Close to Public Transportation
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

About Charleston Place Apartments

This is a nice community in the heart of Stockton. This property contains two, three, and four bedroom units for low income families. Each unit includes refrigerators, stoves, dishwasher, garbage disposal and carpeting throughout. Each unit has their own washer and dryer hooks up as well as two bathrooms. The master bedrooms in each unit have a walk in closet. These units are very spacious and recently updated. The complex is nicely landscaped and has two playgrounds and a basketball court for residents only as well as a swimming pool and community room with a full kitchen. The property is close to shopping, schools, post office, transportation, hospitals and downtown district. Management pays for water, sewer, and garbage. Tenants are responsible for all other utilities. Pets are not accepted. Please contact the manager for more information.

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.

Stockton 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 Stockton but actual income limits may differ for units at Charleston Place Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,500 $28,000 $31,500 $35,000 $37,800 $40,600 $43,400 $46,200
Low Income (60%) $29,400 $33,600 $37,800 $42,000 $45,360 $48,720 $52,080 $55,440

Charleston Place Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Charleston Place Apartments is managed by The Michaels Organization.

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