About This Property
Granite City Apts is a 80-unit affordable housing community in Folsom, California that has been serving low-income residents since 2013. The property offers a mix of one-, two-, and three-bedroom units, with 30 one-bedroom, 33 two-bedroom, and 18 three-bedroom floor plans available. The non-profit-owned community is funded through tax-exempt bonds and operates under 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 Folsom, 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 Granite City Apts is typically 30% of household income or less.
What size apartments are available at Granite City Apts?+
Granite City Apts offers the following unit types: 30 One-Bedroom, 33 Two-Bedroom, 18 Three-Bedroom units, for a total of 80 units.
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.
How do I apply for housing at Granite City Apts?+
Granite City 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 Folsom, 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 Granite City Apts may be lower for income-eligible households.
Who manages Granite City Apts?+
Granite City Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Granite City Apts
Forestwood At Folsom Family Apts
Folsom, CA
54 UnitsColonial Village Roseville
Roseville, CA
56 UnitsWhite Rock Village
El Dorado Hills, CA
180 UnitsVintage Willow Creek Senior Apts
Folsom, CA
184 UnitsArborelle Apts
Citrus Heights, CA
179 UnitsMaidu Village Phase Iii
Roseville, CA
76 Units