167 S Palm St, Ventura, CA 93001
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio Bed | 1 Bath | - |
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.
El Patio Hotel is a Spanish Colonial style hotel that was carefully restored retaining its original architectural features. Each furnished room has a bathroom with shower and kitchenette. Amenities include outdoor courtyard with fountain, community kitchen and lobby. A security deposit of $550 is required.
Because El Patio Hotel 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. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $27,900 / year | $31,900 / year | $35,900 / year | $39,850 / year | $43,050 / year | $46,250 / year | $49,450 / year | $52,650 / year |
| 50% AMI for LIHTC Units | $46,500 / year | $53,150 / year | $59,800 / year | $66,400 / year | $71,750 / year | $77,050 / year | $82,350 / year | $87,650 / year |
| 50% AMI for PBRA Units | $46,500 / year | $53,150 / year | $59,800 / year | $66,400 / year | $71,750 / year | $77,050 / year | $82,350 / year | $87,650 / year |
| 60% AMI for LIHTC Units | $55,800 / year | $63,780 / year | $71,760 / year | $79,680 / year | $86,100 / year | $92,460 / year | $98,820 / year | $105,180 / year |
| 80% AMI for PBRA Units | $74,400 / year | $85,000 / year | $95,650 / year | $106,250 / year | $114,750 / year | $123,250 / year | $131,750 / year | $140,250 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does El Patio Hotel have a waiting list?
El Patio Hotel 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 El Patio Hotel?
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 El Patio Hotel?
El Patio Hotel is managed by Peoples Self-Help Housing headquartered in San Luis Obispo, California.
In addition to El Patio Hotel, how many other affordable housing properties (and units) are there in Ventura?
In addition to El Patio Hotel, we list 35 other affordable properties in Ventura. Learn about these properties here. Our data research shows that there are a total of 1243 affordable units in Ventura.
When was the El Patio Hotel listing last updated?
El Patio Hotel listing on Affordable Housing Online was last updated on 01/02/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
1405 Cypress Point Ln, Ventura, California 93003
3005 East Main Street, Ventura, California 93003
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