About This Property
Geneva Pointe Apts offers 152 apartments in Elk Grove, Sacramento County, with 150 units designated as low-income housing. The community includes 40 one-bedroom, 72 two-bedroom, and 40 three-bedroom units designed to serve families. The property has been in service since 2006 and is funded through tax-exempt bonds with 4% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Sacramento 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 - Sacramento 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 Elk Grove, CA?+
The Fair Market Rent (FMR) for Sacramento County, CA is: $1543 (Studio), $1666 (1BR), $2072 (2BR), $2884 (3BR), $3321 (4BR). Actual rent at subsidized properties like Geneva Pointe Apts is typically 30% of household income or less.
What size apartments are available at Geneva Pointe Apts?+
Geneva Pointe Apts offers the following unit types: 40 One-Bedroom, 72 Two-Bedroom, 40 Three-Bedroom units, for a total of 152 units.
Who manages Geneva Pointe Apts?+
Geneva Pointe Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Geneva Pointe Apts?+
Geneva Pointe 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.
What is the price range for apartments in Elk Grove, CA?+
Based on Fair Market Rent for Sacramento County, the estimated price range is: 1-bedroom: $1666, 2-bedroom: $2072, 3-bedroom: $2884. Actual rent at Geneva Pointe Apts may be lower for income-eligible households.
Who is eligible to live at Geneva Pointe Apts?+
Geneva Pointe Apts primarily serves families. 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 Sacramento County, CA?+
For a 4-person household in Sacramento 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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