About This Property
Macarthur Apts comprises 50 units in Los Banos, California, with 49 units designated as low-income housing. The property includes 46 one-bedroom and four two-bedroom units and has been in service since 2006. This property is funded through tax-exempt bonds and receives 4% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Merced 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 | $994 |
| 1 Bedroom | $1,159 |
| 2 Bedroom | $1,420 |
| 3 Bedroom | $1,995 |
| 4 Bedroom | $2,410 |
Income Limits - Merced 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 Los Banos, CA?+
The Fair Market Rent (FMR) for Merced County, CA is: $994 (Studio), $1159 (1BR), $1420 (2BR), $1995 (3BR), $2410 (4BR). Actual rent at subsidized properties like Macarthur Apts (Los Banos) is typically 30% of household income or less.
What size apartments are available at Macarthur Apts (Los Banos)?+
Macarthur Apts (Los Banos) offers the following unit types: 46 One-Bedroom, 4 Two-Bedroom units, for a total of 50 units.
How do I apply for housing at Macarthur Apts (Los Banos)?+
Macarthur Apts (Los Banos) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Merced County, CA?+
For a 4-person household in Merced 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.
What is the price range for apartments in Los Banos, CA?+
Based on Fair Market Rent for Merced County, the estimated price range is: 1-bedroom: $1159, 2-bedroom: $1420. Actual rent at Macarthur Apts (Los Banos) may be lower for income-eligible households.
Who manages Macarthur Apts (Los Banos)?+
Macarthur Apts (Los Banos) is managed by . You can reach them at .
Who is eligible to live at Macarthur Apts (Los Banos)?+
Macarthur Apts (Los Banos) primarily serves AT-RISK. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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