About This Property
Pacific Grove Senior Apts contains 49 units in Pacific Grove, California, with 48 designated as low-income housing that serves elderly residents. The property, which opened in 2006, includes 8 studio units, 34 one-bedroom units, and 7 two-bedroom units. The development was financed through tax-exempt bonds and receives 4% Low-Income Housing Tax Credit funding.
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 Pacific Grove, 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 Pacific Grove Senior Apts is typically 30% of household income or less.
What size apartments are available at Pacific Grove Senior Apts?+
Pacific Grove Senior Apts offers the following unit types: 8 Studio, 34 One-Bedroom, 7 Two-Bedroom units, for a total of 49 units.
Who manages Pacific Grove Senior Apts?+
Pacific Grove Senior Apts is managed by . You can reach them at . Visit their website for more information.
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 Pacific Grove Senior Apts?+
Pacific Grove Senior 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 is the price range for apartments in Pacific Grove, CA?+
Based on Fair Market Rent for Monterey County, the estimated price range is: 1-bedroom: $2367, 2-bedroom: $2879. Actual rent at Pacific Grove Senior Apts may be lower for income-eligible households.
Who is eligible to live at Pacific Grove Senior Apts?+
Pacific Grove Senior Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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