About This Property
Granite Court offers 71 apartments in Irvine, Orange County, with 70 units designated as low-income housing. The community includes 20 one-bedroom, 20 two-bedroom, and 31 three-bedroom units and has been in service since 2009. The property is financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Orange 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 | $2,200 |
| 1 Bedroom | $2,344 |
| 2 Bedroom | $2,783 |
| 3 Bedroom | $3,769 |
| 4 Bedroom | $4,467 |
Income Limits - Orange County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $28,250
- Very Low (50%)
- $47,100
- Low (80%)
- $75,300
- Extremely Low (30%)
- $32,300
- Very Low (50%)
- $53,800
- Low (80%)
- $86,050
- Extremely Low (30%)
- $36,350
- Very Low (50%)
- $60,550
- Low (80%)
- $96,800
- Extremely Low (30%)
- $40,350
- Very Low (50%)
- $67,250
- Low (80%)
- $107,550
- Extremely Low (30%)
- $43,600
- Very Low (50%)
- $72,650
- Low (80%)
- $116,200
- Extremely Low (30%)
- $46,850
- Very Low (50%)
- $78,050
- Low (80%)
- $124,800
- Extremely Low (30%)
- $50,050
- Very Low (50%)
- $83,400
- Low (80%)
- $133,400
- Extremely Low (30%)
- $53,300
- Very Low (50%)
- $88,800
- Low (80%)
- $142,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $28,250 | $47,100 | $75,300 |
| 2 Persons | $32,300 | $53,800 | $86,050 |
| 3 Persons | $36,350 | $60,550 | $96,800 |
| 4 Persons | $40,350 | $67,250 | $107,550 |
| 5 Persons | $43,600 | $72,650 | $116,200 |
| 6 Persons | $46,850 | $78,050 | $124,800 |
| 7 Persons | $50,050 | $83,400 | $133,400 |
| 8 Persons | $53,300 | $88,800 | $142,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Irvine, CA?+
The Fair Market Rent (FMR) for Orange County, CA is: $2200 (Studio), $2344 (1BR), $2783 (2BR), $3769 (3BR), $4467 (4BR). Actual rent at subsidized properties like Granite Court is typically 30% of household income or less.
What size apartments are available at Granite Court?+
Granite Court offers the following unit types: 20 One-Bedroom, 20 Two-Bedroom, 31 Three-Bedroom units, for a total of 71 units.
What is the price range for apartments in Irvine, CA?+
Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $2344, 2-bedroom: $2783, 3-bedroom: $3769. Actual rent at Granite Court may be lower for income-eligible households.
How do I apply for housing at Granite Court?+
Granite Court 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 are the income limits for affordable housing in Orange County, CA?+
For a 4-person household in Orange County, CA, the income limits are: Extremely Low Income (30% AMI): $40,350, Very Low Income (50% AMI): $67,250, Low Income (80% AMI): $107,550. These limits are set by HUD and updated annually.
Who manages Granite Court?+
Granite Court is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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