5539 Klump Ave, Valley Village, CA 91601
Waiting List Forecast: Likely Short or None
Verified for 2021 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 550 Sq Ft |
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.
NoHo Senior Villas is a senior community in the North Hollywood Arts District. The site is in close walking distance to the Metro Red Line subway, Metro Orange Line bus way, and a variety of restaurants, shops, and other amenities. NoHo Senior Villas is a beautiful, newly constructed five-story building designed to meet Leadership in Energy and Environmental Design Platinum standards. The ground floor features a landscaped courtyard, a lobby, conference room and a community room furnished with a public kitchen, two computer stations, and a TV lounge. Offices are dedicated for on-site resident service coordinators, case managers and property management. The roof features a landscape deck, patio furniture, community edible garden, and a laundry room. The ground floor courtyard offers a shade tree, patio furniture and a fountain. An on-grade, gated and covered parking lot is located away from the street in the rear of the building and offers 24 regular and two handicapped parking spaces, as well as several bike racks.
Because Noho Senior Villas 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 550ft2 | 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 | $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.
Does Noho Senior Villas have a waiting list?
Noho Senior Villas 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 Noho Senior Villas?
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 Noho Senior Villas?
Noho Senior Villas is managed by The John Stewart Company headquartered in San Francisco, California.
In addition to Noho Senior Villas, how many other affordable housing properties (and units) are there in Valley Village?
In addition to Noho Senior Villas, we list 12 other affordable properties in Valley Village. Learn about these properties here. Our data research shows that there are a total of 1072 affordable units in Valley Village.
4900 Vineland Ave, Valley Village, California 91601
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