About This Property
Villa Vasconcellos is a 70-unit affordable housing community in Walnut Creek that serves elderly residents. The property contains 69 one-bedroom units and one two-bedroom unit designated as low-income housing, having been placed in service in 2008. The community is funded through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Contra Costa 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 | $1,825 |
| 1 Bedroom | $2,131 |
| 2 Bedroom | $2,590 |
| 3 Bedroom | $3,342 |
| 4 Bedroom | $3,954 |
Income Limits - Contra Costa County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $28,800
- Very Low (50%)
- $47,950
- Low (80%)
- $76,750
- Extremely Low (30%)
- $32,900
- Very Low (50%)
- $54,800
- Low (80%)
- $87,700
- Extremely Low (30%)
- $37,000
- Very Low (50%)
- $61,650
- Low (80%)
- $98,650
- Extremely Low (30%)
- $41,100
- Very Low (50%)
- $68,500
- Low (80%)
- $109,600
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $74,000
- Low (80%)
- $118,400
- Extremely Low (30%)
- $47,700
- Very Low (50%)
- $79,500
- Low (80%)
- $127,150
- Extremely Low (30%)
- $51,000
- Very Low (50%)
- $84,950
- Low (80%)
- $135,950
- Extremely Low (30%)
- $54,300
- Very Low (50%)
- $90,450
- Low (80%)
- $144,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $28,800 | $47,950 | $76,750 |
| 2 Persons | $32,900 | $54,800 | $87,700 |
| 3 Persons | $37,000 | $61,650 | $98,650 |
| 4 Persons | $41,100 | $68,500 | $109,600 |
| 5 Persons | $44,400 | $74,000 | $118,400 |
| 6 Persons | $47,700 | $79,500 | $127,150 |
| 7 Persons | $51,000 | $84,950 | $135,950 |
| 8 Persons | $54,300 | $90,450 | $144,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Walnut Creek, CA?+
The Fair Market Rent (FMR) for Contra Costa County, CA is: $1825 (Studio), $2131 (1BR), $2590 (2BR), $3342 (3BR), $3954 (4BR). Actual rent at subsidized properties like Villa Vasconcellos is typically 30% of household income or less.
What size apartments are available at Villa Vasconcellos?+
Villa Vasconcellos offers the following unit types: 69 One-Bedroom, 1 Two-Bedroom units, for a total of 70 units.
How do I apply for housing at Villa Vasconcellos?+
Villa Vasconcellos 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 Villa Vasconcellos?+
Villa Vasconcellos primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Walnut Creek, CA?+
Based on Fair Market Rent for Contra Costa County, the estimated price range is: 1-bedroom: $2131, 2-bedroom: $2590. Actual rent at Villa Vasconcellos may be lower for income-eligible households.
Who manages Villa Vasconcellos?+
Villa Vasconcellos is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Contra Costa County, CA?+
For a 4-person household in Contra Costa County, CA, the income limits are: Extremely Low Income (30% AMI): $41,100, Very Low Income (50% AMI): $68,500, Low Income (80% AMI): $109,600. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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