Low Income (LIHTC)

Grass Valley Apts

340 Pleasant St Apt 1, Grass Valley, CA, 95945

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Grass Valley Apts comprises 8 units designated as low-income housing in Grass Valley, CA. The property was placed in service in 1990 and receives 9% Low-Income Housing Tax Credit financing. The community is managed and available for occupancy in Nevada County.

Property Details

Total Units

Fair Market Rent - Nevada 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	$1,209
1 Bedroom	$1,217
2 Bedroom	$1,596
3 Bedroom	$2,249
4 Bedroom	$2,708

Income Limits - Nevada County, CA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $18,900
Very Low (50%): $31,450
Low (80%): $50,300

2 Persons

Extremely Low (30%): $21,600
Very Low (50%): $35,950
Low (80%): $57,500

3 Persons

Extremely Low (30%): $24,300
Very Low (50%): $40,450
Low (80%): $64,700

4 Persons

Extremely Low (30%): $26,950
Very Low (50%): $44,900
Low (80%): $71,850

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $48,500
Low (80%): $77,600

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $52,100
Low (80%): $83,350

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $55,700
Low (80%): $89,100

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $59,300
Low (80%): $94,850

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$18,900	$31,450	$50,300
2 Persons	$21,600	$35,950	$57,500
3 Persons	$24,300	$40,450	$64,700
4 Persons	$26,950	$44,900	$71,850
5 Persons	$31,040	$48,500	$77,600
6 Persons	$35,580	$52,100	$83,350
7 Persons	$40,120	$55,700	$89,100
8 Persons	$44,660	$59,300	$94,850

Tax Credit Program Details

Year Placed in Service

1990

LIHTC Credit Type

Low-Income Units

8 / 8

Frequently Asked Questions

What is the average rent for affordable housing in Grass Valley, CA?+

The Fair Market Rent (FMR) for Nevada County, CA is: $1209 (Studio), $1217 (1BR), $1596 (2BR), $2249 (3BR), $2708 (4BR). Actual rent at subsidized properties like Grass Valley Apts is typically 30% of household income or less.

What are the income limits for affordable housing in Nevada County, CA?+

For a 4-person household in Nevada County, CA, the income limits are: Extremely Low Income (30% AMI): $26,950, Very Low Income (50% AMI): $44,900, Low Income (80% AMI): $71,850. These limits are set by HUD and updated annually.

How do I apply for housing at Grass Valley Apts?+

Grass Valley 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 manages Grass Valley Apts?+

Grass Valley Apts is managed by . You can reach them at . Visit their website for more information.

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