825 Delta Lane, West Sacramento, CA 95691
Waiting List Forecast: Likely Short or None
Verified for 2019 by Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 3 Beds | 1 Bath | 558 - 1,073 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.
West Gateway Place is a mixed-use, transit-oriented workforce housing property that has received $2.6 million in cap-and-trade funds allocated by the California Strategic Growth Council. The funding is part of $6.7 million awarded to the City of West Sacramento and its West Sacramento Housing Development Corporation, Jamboree’s joint venture partner on the property in Yolo County.
West Gateway Place is the first affordable housing development in California to be financed by cap-and-trade funds from the Greenhouse Gas Reduction Fund – $121.9 million in highly competitive first round cap-and-trade financing awarded through the Affordable Housing and Sustainable Communities Program to only 28 housing and transit-friendly infrastructure projects throughout the state.
What makes this funding significant is that it’s part of the highly competitive first round of cap-and-trade financing awarded through the Affordable Housing and Sustainable Communities Program to only 28 housing and transit-friendly infrastructure projects statewide. Trailblazing developments such as West Gateway Place were selected based on their projected contribution to help fight climate change by reducing greenhouse gas emissions by an estimated 723,286 metric tons – the equivalent to taking 140,483 cars off the road for one year, saving 81 million gallons of gas – the same as if all residents of Citrus Heights and Newport Beach did not drive for one year.
West Gateway Place is located in West Sacramento’s Bridge District. The Bridge District is located on 188 acres of open land in the urban core. It is a green-certified, walkable, waterfront neighborhood with more jobs than residents, as well as a thriving area for both the arts and retail. West Gateway Place is near multiple public transit options and is walking distance to local schools, shops and dining. Jamboree’s Community Impact Group provides onsite resident services.
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 West Gateway Place 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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) | 558ft2 | Call for Price† |
Two Bedroom (2/1) | 851ft2 | Call for Price† |
Three Bedroom (3/1) | 1073ft2 | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $36,750 / year | $42,000 / year | $47,250 / year | $52,450 / year | $56,650 / year | $60,850 / year |
50% AMI for PBRA Units | $36,750 / year | $42,000 / year | $47,250 / year | $52,450 / year | $56,650 / year | $60,850 / year |
60% AMI for LIHTC Units | $44,100 / year | $50,400 / year | $56,700 / year | $62,940 / year | $67,980 / year | $73,020 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does West Gateway Place have a waiting list?
West Gateway Place 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 West Gateway Place?
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.
In addition to West Gateway Place, how many other affordable housing properties (and units) are there in West Sacramento?
In addition to West Gateway Place, we list 31 other affordable properties in West Sacramento. Learn about these properties here. Our data research shows that there are a total of 1619 affordable units in West Sacramento.
1525 Merkley Ave, West Sacramento, California 95691
3401 Savannah Lane, West Sacramento, California 95691
750 Dorothy Adamo Lane, West Sacramento, California 95605
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