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Low Income (LIHTC)

Triangle Terrace Apartments

555 S Shaffer St, Orange, CA, 92866

Information verified May 8, 2026ยทWe re-check waiting list status daily

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About This Property

Triangle Terrace Apartments comprises 75 low-income units in Orange, CA, including 19 studios and 56 one-bedroom apartments that serve families. The property has been in service since 2017 and operates under 4% Low-Income Housing Tax Credit financing. A non-profit organization owns and manages the community.

Property Details

Total Units
75
Studio
19
1 Bedroom
56

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$28,250
Very Low (50%)
$47,100
Low (80%)
$75,300
2 Persons
Extremely Low (30%)
$32,300
Very Low (50%)
$53,800
Low (80%)
$86,050
3 Persons
Extremely Low (30%)
$36,350
Very Low (50%)
$60,550
Low (80%)
$96,800
4 Persons
Extremely Low (30%)
$40,350
Very Low (50%)
$67,250
Low (80%)
$107,550
5 Persons
Extremely Low (30%)
$43,600
Very Low (50%)
$72,650
Low (80%)
$116,200
6 Persons
Extremely Low (30%)
$46,850
Very Low (50%)
$78,050
Low (80%)
$124,800
7 Persons
Extremely Low (30%)
$50,050
Very Low (50%)
$83,400
Low (80%)
$133,400
8 Persons
Extremely Low (30%)
$53,300
Very Low (50%)
$88,800
Low (80%)
$142,000

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Tax Credit Program Details

Year Placed in Service
2017
LIHTC Credit Type
4%
Low-Income Units
75 / 75
Target Population
Families
Funding Programs
Rental Assistance
Designations
Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Orange, 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 Triangle Terrace Apartments is typically 30% of household income or less.

What size apartments are available at Triangle Terrace Apartments?+

Triangle Terrace Apartments offers the following unit types: 19 Studio, 56 One-Bedroom units, for a total of 75 units.

What is the price range for apartments in Orange, CA?+

Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $2344. Actual rent at Triangle Terrace Apartments may be lower for income-eligible households.

How do I apply for housing at Triangle Terrace Apartments?+

Triangle Terrace Apartments 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 Triangle Terrace Apartments?+

Triangle Terrace Apartments is managed by . You can reach them at . Visit their website for more information.

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 is eligible to live at Triangle Terrace Apartments?+

Triangle Terrace Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Somewhat Walkable

58
Walk
36
Transit
66
Bike

Location

Orange County, CA

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Housing Resources in Orange, CA

HUD-Approved Counseling Agencies

NEIGHBORWORKS ORANGE COUNTY

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops