About This Property
Parkwood Apts offers 101 units of affordable housing in Yorba Linda, Orange County, with 100 designated for low-income residents. The property contains 80 one-bedroom and 21 two-bedroom units and serves elderly residents. Built in 2005, the community is funded 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Yorba Linda, 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 Parkwood Apts is typically 30% of household income or less.
What size apartments are available at Parkwood Apts?+
Parkwood Apts offers the following unit types: 80 One-Bedroom, 21 Two-Bedroom units, for a total of 101 units.
What is the price range for apartments in Yorba Linda, CA?+
Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $2344, 2-bedroom: $2783. Actual rent at Parkwood Apts may be lower for income-eligible households.
How do I apply for housing at Parkwood Apts?+
Parkwood 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 Parkwood Apts?+
Parkwood Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Parkwood Apts?+
Parkwood Apts primarily serves elderly residents. 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 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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