About This Property
Gridley Oaks is a 56-unit affordable housing community in Gridley, California that serves elderly residents. The property includes 55 one-bedroom units and one two-bedroom unit designated as low-income housing, placed in service in 2011. A non-profit organization owns and operates the community, which was financed through TCAP funding and utilizes 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Butte County, CA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,049 |
| 1 Bedroom | $1,091 |
| 2 Bedroom | $1,428 |
| 3 Bedroom | $2,012 |
| 4 Bedroom | $2,423 |
Income Limits - Butte County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,650
- Very Low (50%)
- $24,400
- Low (80%)
- $39,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,900
- Low (80%)
- $44,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,400
- Low (80%)
- $50,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,050
- Low (80%)
- $73,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,650 | $24,400 | $39,050 |
| 2 Persons | $17,420 | $27,900 | $44,600 |
| 3 Persons | $21,960 | $31,400 | $50,200 |
| 4 Persons | $26,500 | $34,850 | $55,750 |
| 5 Persons | $31,040 | $37,650 | $60,250 |
| 6 Persons | $35,580 | $40,450 | $64,700 |
| 7 Persons | $40,120 | $43,250 | $69,150 |
| 8 Persons | $44,660 | $46,050 | $73,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Gridley, CA?+
The Fair Market Rent (FMR) for Butte County, CA is: $1049 (Studio), $1091 (1BR), $1428 (2BR), $2012 (3BR), $2423 (4BR). Actual rent at subsidized properties like Gridley Oaks is typically 30% of household income or less.
What size apartments are available at Gridley Oaks?+
Gridley Oaks offers the following unit types: 55 One-Bedroom, 1 Two-Bedroom units, for a total of 56 units.
Who manages Gridley Oaks?+
Gridley Oaks is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Gridley, CA?+
Based on Fair Market Rent for Butte County, the estimated price range is: 1-bedroom: $1091, 2-bedroom: $1428. Actual rent at Gridley Oaks may be lower for income-eligible households.
How do I apply for housing at Gridley Oaks?+
Gridley Oaks is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Gridley Oaks?+
Gridley Oaks primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Butte County, CA?+
For a 4-person household in Butte County, CA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,850, Low Income (80% AMI): $55,750. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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