Crestmore Village Apartments

1330 Stodick Pkwy, Gardnerville, Nevada 89410

Crestmore Village Apartments, located at 1330 Stodick Pkwy in Gardnerville, has two, three and four bedroom apartments. Crestmore Village Apartments participates in the Low-Income Housing Tax Credit (LIHTC) and HOME Investment Partnerships Program programs.

Waiting List is Closed

The Crestmore Village Apartments waiting list is currently closed until further notice.

Last updated on November 13th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/2) 917 $695
3 Bedroom (3/2) 1131 $795
4 Bedroom (4/2) 1261 $845

Crestmore Village Apartments Details

  • 40 two, three and four bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Basketball Court
  • Clubhouse
  • Covered Parking
  • On-Site Maintenance
  • Laundry Facility

Unit Amenities

  • Dishwasher
  • Cable Ready
  • Vaulted Ceiling
  • Walk-in Closet(s)
  • Refrigerator
  • Extra Storage
  • Breakfast Bar
  • Central Heat & Air
  • Mini Blinds & Curtain Rods
  • Electric Range
  • Private Patio/Balcony
  • Full-Size Washer & Dryer Connections

About Crestmore Village Apartments

Crestmore Village is ideal for those seeking the ultimate in comfort as well as beauty and convenience. Their ideal location puts you just minutes away from local schools, fabulous shopping and fine dining! Their 2, 3 and 4 bedroom floor plans were creatively designed with your comfort and convenience in mind. The apartment homes include fully equipped gourmet kitchens with an open serving bar and pantry, dishwasher, carpeted floors, and energy efficient gas heating and water.

Crestmore Village Apartment Homes offer the apartment living options you need to create the picture-perfect lifestyle you love. Enjoy a lifestyle filled with endless comforts and conveniences with spacious patios and balconies, BBQ/picnic pavilion, basketball court, laundry facilities, on-call maintenance, and a management team who cares.

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Gardnerville 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 Gardnerville but actual income limits may differ for units at Crestmore Village Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,550 $29,200 $32,850 $36,500 $39,450 $42,350 $45,300 $48,200
Low Income (60%) $30,660 $35,040 $39,420 $43,800 $47,340 $50,820 $54,360 $57,840

Crestmore Village Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Image of Crestmore Village Apartments
Image of Crestmore Village Apartments
Image of Crestmore Village Apartments
Image of Crestmore Village Apartments
Image of Crestmore Village Apartments

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