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Southridge Apartments

1550 Sky Valley Drive, Reno, Nevada 89523

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.

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Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 504 Call for Price
Two Bedroom (2/2) 804 $775
Three Bedroom (3/2) 1177 $850

Southridge Apartments Details

  • 100 0, 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • BBQ/Picnic Area
  • Community Room
  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Patio, Deck Or Balcony
  • Private Entrance
  • Refrigerator

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

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.

Reno 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 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.

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