About This Property
Benito Street Affordable Housing Community comprises 70 units in Soledad, Monterey County, with 69 units designated as low-income housing. The community houses a mix of one- through four-bedroom units designed to serve families, including 4 one-bedroom, 16 two-bedroom, 32 three-bedroom, and 17 four-bedroom units. The property was placed in service in 2008 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing.
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 Soledad, 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 Benito Street Affordable Housing Community is typically 30% of household income or less.
What size apartments are available at Benito Street Affordable Housing Community?+
Benito Street Affordable Housing Community offers the following unit types: 4 One-Bedroom, 16 Two-Bedroom, 32 Three-Bedroom, 17 Four-Bedroom units, for a total of 70 units.
Who manages Benito Street Affordable Housing Community?+
Benito Street Affordable Housing Community is managed by . You can reach them at .
What is the price range for apartments in Soledad, CA?+
Based on Fair Market Rent for Monterey County, the estimated price range is: 1-bedroom: $2367, 2-bedroom: $2879, 3-bedroom: $3990. Actual rent at Benito Street Affordable Housing Community may be lower for income-eligible households.
Who is eligible to live at Benito Street Affordable Housing Community?+
Benito Street Affordable Housing Community primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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 Benito Street Affordable Housing Community?+
Benito Street Affordable Housing Community 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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