About This Property
Willow Plaza offers 12 low-income housing units in Bishop, California, with a mix of four 2-bedroom and eight 3-bedroom apartments designed to serve families. The property was placed in service in 2007 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing to maintain affordability.
Property Details
Fair Market Rent - Inyo 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 | $924 |
| 1 Bedroom | $1,079 |
| 2 Bedroom | $1,363 |
| 3 Bedroom | $1,648 |
| 4 Bedroom | $2,237 |
Income Limits - Inyo County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,600
- Very Low (50%)
- $25,950
- Low (80%)
- $41,550
- Extremely Low (30%)
- $17,800
- Very Low (50%)
- $29,650
- Low (80%)
- $47,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,350
- Low (80%)
- $53,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,050
- Low (80%)
- $59,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,050
- Low (80%)
- $64,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,000
- Low (80%)
- $68,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,950
- Low (80%)
- $73,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,950
- Low (80%)
- $78,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,600 | $25,950 | $41,550 |
| 2 Persons | $17,800 | $29,650 | $47,450 |
| 3 Persons | $21,960 | $33,350 | $53,400 |
| 4 Persons | $26,500 | $37,050 | $59,300 |
| 5 Persons | $31,040 | $40,050 | $64,050 |
| 6 Persons | $35,580 | $43,000 | $68,800 |
| 7 Persons | $40,120 | $45,950 | $73,550 |
| 8 Persons | $44,660 | $48,950 | $78,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bishop, CA?+
The Fair Market Rent (FMR) for Inyo County, CA is: $924 (Studio), $1079 (1BR), $1363 (2BR), $1648 (3BR), $2237 (4BR). Actual rent at subsidized properties like Willow Plaza is typically 30% of household income or less.
What size apartments are available at Willow Plaza?+
Willow Plaza offers the following unit types: 4 Two-Bedroom, 8 Three-Bedroom units, for a total of 12 units.
What is the price range for apartments in Bishop, CA?+
Based on Fair Market Rent for Inyo County, the estimated price range is: 2-bedroom: $1363, 3-bedroom: $1648. Actual rent at Willow Plaza may be lower for income-eligible households.
What are the income limits for affordable housing in Inyo County, CA?+
For a 4-person household in Inyo County, CA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,050, Low Income (80% AMI): $59,300. These limits are set by HUD and updated annually.
Who manages Willow Plaza?+
Willow Plaza is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Willow Plaza?+
Willow Plaza 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 Willow Plaza?+
Willow Plaza 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.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.