About This Property
Gridley Springs Apts I comprises 32 units in Gridley, CA, with 31 designated as low-income housing. The property opened in 2013 and includes 12 one-bedroom, 18 two-bedroom, and 2 three-bedroom units. Financing includes HOME funds and tax-exempt bonds, with 4% Low-Income Housing Tax Credit support.
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 |
Advertisement
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 Springs Apts I is typically 30% of household income or less.
What size apartments are available at Gridley Springs Apts I?+
Gridley Springs Apts I offers the following unit types: 12 One-Bedroom, 18 Two-Bedroom, 2 Three-Bedroom units, for a total of 32 units.
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.
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, 3-bedroom: $2012. Actual rent at Gridley Springs Apts I may be lower for income-eligible households.
Who manages Gridley Springs Apts I?+
Gridley Springs Apts I is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Gridley Springs Apts I?+
Gridley Springs Apts I 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Gridley Springs Apts I
Odd Fellows Senior Housing
Live Oak, CA
14 UnitsThe Hazel Hotel
Gridley, CA
13 Units
Richland Housing Center
Live Oak, CA
2 UnitsBoulder Creek
Oroville, CA
156 UnitsGridley Springs Ii
Gridley, CA
24 UnitsGridley Oaks
Gridley, CA
56 Units