About This Property
Rancho Algodon comprises 62 low-income rental units in Delano, California, serving families with a mix of 50 three-bedroom and 12 four-bedroom apartments. The property was placed in service in 2014 and utilizes 4% Low-Income Housing Tax Credits along with HOME funds and tax-exempt bond financing. The development provides affordable housing options for qualifying low-income households in Kern County.
Property Details
Fair Market Rent - Kern 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 | $960 |
| 1 Bedroom | $967 |
| 2 Bedroom | $1,258 |
| 3 Bedroom | $1,773 |
| 4 Bedroom | $2,135 |
Income Limits - Kern 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Delano, CA?+
The Fair Market Rent (FMR) for Kern County, CA is: $960 (Studio), $967 (1BR), $1258 (2BR), $1773 (3BR), $2135 (4BR). Actual rent at subsidized properties like Rancho Algodon is typically 30% of household income or less.
What size apartments are available at Rancho Algodon?+
Rancho Algodon offers the following unit types: 50 Three-Bedroom, 12 Four-Bedroom units, for a total of 62 units.
Who is eligible to live at Rancho Algodon?+
Rancho Algodon primarily serves families. 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 Delano, CA?+
Based on Fair Market Rent for Kern County, the estimated price range is: 3-bedroom: $1773. Actual rent at Rancho Algodon may be lower for income-eligible households.
What are the income limits for affordable housing in Kern County, CA?+
For a 4-person household in Kern 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.
Who manages Rancho Algodon?+
Rancho Algodon is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Rancho Algodon?+
Rancho Algodon 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.
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