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Nice affordable housing mix income apartment family community located in Reno, NV. Close to shopping, restaurants, schools, BBQ pits, skyline view, basketball court and public transportation. On-site laundry facility and playground for kids. Please contact office for more details.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 504 | Call for Price |
Two Bedroom (2/2) | 804 | $775 |
Three Bedroom (3/2) | 1177 | $850 |
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.
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 Reno but actual income limits may differ for units at Southridge Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $27,900 | $31,850 | $35,850 | $39,800 | $43,000 | $46,200 | $49,400 | $52,550 |
Low Income (60%) | $33,480 | $38,220 | $43,020 | $47,760 | $51,600 | $55,440 | $59,280 | $63,060 |
Southridge Apartments is managed by USA Properties Fund.