About This Property
Palos Verde Apts comprises 32 low-income units in South Dos Palos, California, and has served families since 1996. The property is funded through 9% Low-Income Housing Tax Credits and is designed to provide affordable rental housing to eligible residents in Merced County.
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 South Dos Palos, 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 Palos Verde Apts is typically 30% of household income or less.
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.
Who manages Palos Verde Apts?+
Palos Verde Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Palos Verde Apts?+
Palos Verde 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.
Who is eligible to live at Palos Verde Apts?+
Palos Verde Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Location
Merced County, CA
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