About This Property
Tahoe Valley Townhomes comprises 70 units in South Lake Tahoe, with 68 designated as low-income housing. The property includes 12 one-bedroom, 44 two-bedroom, and 14 three-bedroom townhomes and has been in service since 1999. Financing for this development utilized tax-exempt bonds and 4% Low-Income Housing Tax Credits.
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 South Lake Tahoe, 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 Tahoe Valley Townhomes is typically 30% of household income or less.
What size apartments are available at Tahoe Valley Townhomes?+
Tahoe Valley Townhomes offers the following unit types: 12 One-Bedroom, 44 Two-Bedroom, 14 Three-Bedroom units, for a total of 70 units.
What is the price range for apartments in South Lake Tahoe, CA?+
Based on Fair Market Rent for El Dorado County, the estimated price range is: 1-bedroom: $1666, 2-bedroom: $2072, 3-bedroom: $2884. Actual rent at Tahoe Valley Townhomes may be lower for income-eligible households.
Who manages Tahoe Valley Townhomes?+
Tahoe Valley Townhomes is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Tahoe Valley Townhomes?+
Tahoe Valley Townhomes 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 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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