About This Property
Ridge Lake Apts comprises 91 units in Clearlake, California, with 90 units designated as low-income housing. The property includes a mix of one-, two-, and three-bedroom floor plans and has been in service since 2008. Financing includes tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Lake 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 | $928 |
| 1 Bedroom | $964 |
| 2 Bedroom | $1,267 |
| 3 Bedroom | $1,785 |
| 4 Bedroom | $2,150 |
Income Limits - Lake 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 Clearlake, CA?+
The Fair Market Rent (FMR) for Lake County, CA is: $928 (Studio), $964 (1BR), $1267 (2BR), $1785 (3BR), $2150 (4BR). Actual rent at subsidized properties like Ridge Lake Apts is typically 30% of household income or less.
What size apartments are available at Ridge Lake Apts?+
Ridge Lake Apts offers the following unit types: 40 One-Bedroom, 49 Two-Bedroom, 2 Three-Bedroom units, for a total of 91 units.
What is the price range for apartments in Clearlake, CA?+
Based on Fair Market Rent for Lake County, the estimated price range is: 1-bedroom: $964, 2-bedroom: $1267, 3-bedroom: $1785. Actual rent at Ridge Lake Apts may be lower for income-eligible households.
Who is eligible to live at Ridge Lake Apts?+
Ridge Lake Apts primarily serves AT-RISK. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Ridge Lake Apts?+
Ridge Lake Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Ridge Lake Apts?+
Ridge Lake Apts 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 Lake County, CA?+
For a 4-person household in Lake 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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