About This Property
Nevada Commons offers 32 low-income units in Grass Valley, California, designed to serve elderly residents. The property has been in service since 1997 and receives 9% Low-Income Housing Tax Credit financing. Management and leasing information is available through the property contact.
Property Details
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.
- Extremely Low (30%)
- $18,900
- Very Low (50%)
- $31,450
- Low (80%)
- $50,300
- Extremely Low (30%)
- $21,600
- Very Low (50%)
- $35,950
- Low (80%)
- $57,500
- Extremely Low (30%)
- $24,300
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $26,950
- Very Low (50%)
- $44,900
- Low (80%)
- $71,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,500
- Low (80%)
- $77,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,100
- Low (80%)
- $83,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,700
- Low (80%)
- $89,100
- 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
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 Nevada Commons 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 Nevada Commons?+
Nevada Commons 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 Nevada Commons?+
Nevada Commons primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Nevada Commons?+
Nevada Commons is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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