220 Aegean Way, Vacaville, CA 95687
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 590 Sq Ft |
This property is currently under construction.
Pony Express senior apartments offer to house low-income, vulnerable seniors, and some units are exclusively reserved for senior veterans. All units have project-based vouchers (PBVs), and to further serve our seniors and our mission to be able to “age in place,” the community will include a large community room, computer room, wellness center, dog run, and even a separate building where residents are encouraged to create, tinker, and build enriching hobbies.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Pony Express Senior Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 590ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $40,050 / year | $45,800 / year | $51,500 / year | $57,200 / year | $61,800 / year | $66,400 / year | $70,950 / year | $75,550 / year |
| 50% AMI for PBRA Units | $40,050 / year | $45,800 / year | $51,500 / year | $57,200 / year | $61,800 / year | $66,400 / year | $70,950 / year | $75,550 / year |
| 60% AMI for LIHTC Units | $48,060 / year | $54,960 / year | $61,800 / year | $68,640 / year | $74,160 / year | $79,680 / year | $85,140 / year | $90,660 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Pony Express Senior Apartments have a waiting list?
Pony Express Senior Apartments 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 Pony Express Senior Apartments?
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 Pony Express Senior Apartments?
Pony Express Senior Apartments is managed by PEP Housing headquartered in Santa Rosa, CA.
In addition to Pony Express Senior Apartments, how many other affordable housing properties (and units) are there in Vacaville?
In addition to Pony Express Senior Apartments, we list 50 other affordable properties in Vacaville. Learn about these properties here. Our data research shows that there are a total of 1307 affordable units in Vacaville.
When was the Pony Express Senior Apartments listing last updated?
Pony Express Senior Apartments listing on Affordable Housing Online was last updated on 08/24/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
582 Rocky Hill Road, Vacaville, California 95688
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Ivette Betancourt says:
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