About This Property
Silverado Creek Family Apts Phase I contains 112 low-income units in Elk Grove, California, serving families with a mix of 24 one-bedroom, 56 two-bedroom, and 32 three-bedroom apartments. The property was placed in service in 2006 and utilizes 4% Low-Income Housing Tax Credit financing along with tax-exempt bond funding. This development provides affordable rental housing options for eligible households in Sacramento County.
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 |
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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 Silverado Creek Family Apts Phase I is typically 30% of household income or less.
What size apartments are available at Silverado Creek Family Apts Phase I?+
Silverado Creek Family Apts Phase I offers the following unit types: 24 One-Bedroom, 56 Two-Bedroom, 32 Three-Bedroom units, for a total of 112 units.
How do I apply for housing at Silverado Creek Family Apts Phase I?+
Silverado Creek Family Apts Phase I is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 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.
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 Silverado Creek Family Apts Phase I may be lower for income-eligible households.
Who is eligible to live at Silverado Creek Family Apts Phase I?+
Silverado Creek Family Apts Phase I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Silverado Creek Family Apts Phase I?+
Silverado Creek Family Apts Phase I is managed by . You can reach them at .
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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