
About This Property
Terracina Oaks II Apartments comprises 48 units in Greenfield, California, with 47 designated as low-income housing. The property, which entered service in 2016, offers a unit mix of twenty-four 2-bedroom and twenty-four 3-bedroom apartments. Financing includes HOME funding and 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Monterey 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 | $2,340 |
| 1 Bedroom | $2,367 |
| 2 Bedroom | $2,879 |
| 3 Bedroom | $3,990 |
| 4 Bedroom | $4,400 |
Income Limits - Monterey County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,350
- Very Low (50%)
- $35,600
- Low (80%)
- $56,950
- Extremely Low (30%)
- $24,400
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $27,450
- Very Low (50%)
- $45,800
- Low (80%)
- $73,250
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $50,850
- Low (80%)
- $81,350
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $54,950
- Low (80%)
- $87,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $59,000
- Low (80%)
- $94,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $63,100
- Low (80%)
- $100,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $67,150
- Low (80%)
- $107,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,350 | $35,600 | $56,950 |
| 2 Persons | $24,400 | $40,700 | $65,100 |
| 3 Persons | $27,450 | $45,800 | $73,250 |
| 4 Persons | $30,500 | $50,850 | $81,350 |
| 5 Persons | $32,950 | $54,950 | $87,900 |
| 6 Persons | $35,580 | $59,000 | $94,400 |
| 7 Persons | $40,120 | $63,100 | $100,900 |
| 8 Persons | $44,660 | $67,150 | $107,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Greenfield, CA?+
The Fair Market Rent (FMR) for Monterey County, CA is: $2340 (Studio), $2367 (1BR), $2879 (2BR), $3990 (3BR), $4400 (4BR). Actual rent at subsidized properties like Terracina Oaks Ii Apartments is typically 30% of household income or less.
What size apartments are available at Terracina Oaks Ii Apartments?+
Terracina Oaks Ii Apartments offers the following unit types: 24 Two-Bedroom, 24 Three-Bedroom units, for a total of 48 units.
Who manages Terracina Oaks Ii Apartments?+
Terracina Oaks Ii Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Greenfield, CA?+
Based on Fair Market Rent for Monterey County, the estimated price range is: 2-bedroom: $2879, 3-bedroom: $3990. Actual rent at Terracina Oaks Ii Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Monterey County, CA?+
For a 4-person household in Monterey County, CA, the income limits are: Extremely Low Income (30% AMI): $30,500, Very Low Income (50% AMI): $50,850, Low Income (80% AMI): $81,350. These limits are set by HUD and updated annually.
How do I apply for housing at Terracina Oaks Ii Apartments?+
Terracina Oaks Ii Apartments 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
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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