About This Property
Diamond Terrace Apts operates 62 units in Diamond Springs, with 61 designated as low-income housing serving families. The property offers a mix of unit sizes including 28 two-bedroom, 28 three-bedroom, and 6 four-bedroom apartments. Placed in service in 1999, the complex utilizes 9% Low-Income Housing Tax Credits to maintain affordability.
Property Details
Fair Market Rent - El Dorado 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 | $1,543 |
| 1 Bedroom | $1,666 |
| 2 Bedroom | $2,072 |
| 3 Bedroom | $2,884 |
| 4 Bedroom | $3,321 |
Income Limits - El Dorado County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,050
- Very Low (50%)
- $31,750
- Low (80%)
- $50,750
- Extremely Low (30%)
- $21,800
- Very Low (50%)
- $36,250
- Low (80%)
- $58,000
- Extremely Low (30%)
- $24,500
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $27,200
- Very Low (50%)
- $45,300
- Low (80%)
- $72,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,950
- Low (80%)
- $78,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,550
- Low (80%)
- $84,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,200
- Low (80%)
- $89,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,800
- Low (80%)
- $95,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,050 | $31,750 | $50,750 |
| 2 Persons | $21,800 | $36,250 | $58,000 |
| 3 Persons | $24,500 | $40,800 | $65,250 |
| 4 Persons | $27,200 | $45,300 | $72,500 |
| 5 Persons | $31,040 | $48,950 | $78,300 |
| 6 Persons | $35,580 | $52,550 | $84,100 |
| 7 Persons | $40,120 | $56,200 | $89,900 |
| 8 Persons | $44,660 | $59,800 | $95,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Diamond Springs, CA?+
The Fair Market Rent (FMR) for El Dorado County, CA is: $1543 (Studio), $1666 (1BR), $2072 (2BR), $2884 (3BR), $3321 (4BR). Actual rent at subsidized properties like Diamond Terrace Apts - Diamond Springs is typically 30% of household income or less.
What size apartments are available at Diamond Terrace Apts - Diamond Springs?+
Diamond Terrace Apts - Diamond Springs offers the following unit types: 28 Two-Bedroom, 28 Three-Bedroom, 6 Four-Bedroom units, for a total of 62 units.
What are the income limits for affordable housing in El Dorado County, CA?+
For a 4-person household in El Dorado County, CA, the income limits are: Extremely Low Income (30% AMI): $27,200, Very Low Income (50% AMI): $45,300, Low Income (80% AMI): $72,500. These limits are set by HUD and updated annually.
Who manages Diamond Terrace Apts - Diamond Springs?+
Diamond Terrace Apts - Diamond Springs is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Diamond Terrace Apts - Diamond Springs?+
Diamond Terrace Apts - Diamond Springs primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Diamond Terrace Apts - Diamond Springs?+
Diamond Terrace Apts - Diamond Springs 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.
What is the price range for apartments in Diamond Springs, CA?+
Based on Fair Market Rent for El Dorado County, the estimated price range is: 2-bedroom: $2072, 3-bedroom: $2884. Actual rent at Diamond Terrace Apts - Diamond Springs may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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