About This Property
Shannon Bay Apts offers 50 units of affordable housing in Rocklin, California, with 49 designated as low-income units. The property includes 17 one-bedroom, 25 two-bedroom, and 8 three-bedroom apartments and has been in service since 2010. The development is funded through tax-exempt bonds and participates in the 4% Low-Income Housing Tax Credit program.
Property Details
Fair Market Rent - Placer 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 | $1,543 |
| 1 Bedroom | $1,666 |
| 2 Bedroom | $2,072 |
| 3 Bedroom | $2,884 |
| 4 Bedroom | $3,321 |
Income Limits - Placer County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,050
- Very Low (50%)
- $31,750
- Low (80%)
- $50,750
- Extremely Low (30%)
- $21,800
- Very Low (50%)
- $36,250
- Low (80%)
- $58,000
- Extremely Low (30%)
- $24,500
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $27,200
- Very Low (50%)
- $45,300
- Low (80%)
- $72,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,950
- Low (80%)
- $78,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,550
- Low (80%)
- $84,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,200
- Low (80%)
- $89,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,800
- Low (80%)
- $95,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,050 | $31,750 | $50,750 |
| 2 Persons | $21,800 | $36,250 | $58,000 |
| 3 Persons | $24,500 | $40,800 | $65,250 |
| 4 Persons | $27,200 | $45,300 | $72,500 |
| 5 Persons | $31,040 | $48,950 | $78,300 |
| 6 Persons | $35,580 | $52,550 | $84,100 |
| 7 Persons | $40,120 | $56,200 | $89,900 |
| 8 Persons | $44,660 | $59,800 | $95,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rocklin, CA?+
The Fair Market Rent (FMR) for Placer County, CA is: $1543 (Studio), $1666 (1BR), $2072 (2BR), $2884 (3BR), $3321 (4BR). Actual rent at subsidized properties like Shannon Bay Apts is typically 30% of household income or less.
What size apartments are available at Shannon Bay Apts?+
Shannon Bay Apts offers the following unit types: 17 One-Bedroom, 25 Two-Bedroom, 8 Three-Bedroom units, for a total of 50 units.
What is the price range for apartments in Rocklin, CA?+
Based on Fair Market Rent for Placer County, the estimated price range is: 1-bedroom: $1666, 2-bedroom: $2072, 3-bedroom: $2884. Actual rent at Shannon Bay Apts may be lower for income-eligible households.
Who manages Shannon Bay Apts?+
Shannon Bay Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Shannon Bay Apts?+
Shannon Bay 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 is eligible to live at Shannon Bay Apts?+
Shannon Bay Apts primarily serves AT-RISK. 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 Placer County, CA?+
For a 4-person household in Placer County, CA, the income limits are: Extremely Low Income (30% AMI): $27,200, Very Low Income (50% AMI): $45,300, Low Income (80% AMI): $72,500. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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