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Emerald Pointe Apartments Homes

450 North Foothill Dr, Yreka, California 96097

Las Palmas and Payne Development Corporation built this 81 unit senior apartment complex in Yreka, California, which was completed in May of 2007.

Emerald Pointe Apartments Homes Details

  • 81 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • BBQ/Picnic Area
  • On-Site Management
  • Laundry Facilities
  • Computer Room
  • Swimming pool
  • Computer Teacher

Nearby Amenities

  • Near Library
  • Near Grocery
  • Near Bank
  • Near Shopping

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.

Yreka 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 Yreka but actual income limits may differ for units at Emerald Pointe Apartments Homes.

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 $34,950 $37,750 $40,550 $43,350 $46,150
Low Income (60%) $29,400 $33,600 $37,800 $41,940 $45,300 $48,660 $52,020 $55,380
Image of Emerald Pointe Apartments Homes

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