About This Property
Teresina At Lomas Verdes offers 91 affordable units in Chula Vista, with 88 designated as low-income housing. The community features a mix of one-, two-, and three-bedroom apartments serving families, with 20 one-bedroom, 41 two-bedroom, and 30 three-bedroom units. The property has been in service since 1999 and receives funding through tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - San Diego 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 | $2,062 |
| 1 Bedroom | $2,248 |
| 2 Bedroom | $2,833 |
| 3 Bedroom | $3,819 |
| 4 Bedroom | $4,638 |
Income Limits - San Diego County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $25,450
- Very Low (50%)
- $42,450
- Low (80%)
- $67,900
- Extremely Low (30%)
- $29,100
- Very Low (50%)
- $48,500
- Low (80%)
- $77,600
- Extremely Low (30%)
- $32,750
- Very Low (50%)
- $54,550
- Low (80%)
- $87,300
- Extremely Low (30%)
- $36,350
- Very Low (50%)
- $60,600
- Low (80%)
- $97,000
- Extremely Low (30%)
- $39,300
- Very Low (50%)
- $65,450
- Low (80%)
- $104,800
- Extremely Low (30%)
- $42,200
- Very Low (50%)
- $70,300
- Low (80%)
- $112,550
- Extremely Low (30%)
- $45,100
- Very Low (50%)
- $75,150
- Low (80%)
- $120,300
- Extremely Low (30%)
- $48,000
- Very Low (50%)
- $80,000
- Low (80%)
- $128,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $25,450 | $42,450 | $67,900 |
| 2 Persons | $29,100 | $48,500 | $77,600 |
| 3 Persons | $32,750 | $54,550 | $87,300 |
| 4 Persons | $36,350 | $60,600 | $97,000 |
| 5 Persons | $39,300 | $65,450 | $104,800 |
| 6 Persons | $42,200 | $70,300 | $112,550 |
| 7 Persons | $45,100 | $75,150 | $120,300 |
| 8 Persons | $48,000 | $80,000 | $128,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chula Vista, CA?+
The Fair Market Rent (FMR) for San Diego County, CA is: $2062 (Studio), $2248 (1BR), $2833 (2BR), $3819 (3BR), $4638 (4BR). Actual rent at subsidized properties like Teresina At Lomas Verdes is typically 30% of household income or less.
What size apartments are available at Teresina At Lomas Verdes?+
Teresina At Lomas Verdes offers the following unit types: 20 One-Bedroom, 41 Two-Bedroom, 30 Three-Bedroom units, for a total of 91 units.
How do I apply for housing at Teresina At Lomas Verdes?+
Teresina At Lomas Verdes 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 are the income limits for affordable housing in San Diego County, CA?+
For a 4-person household in San Diego County, CA, the income limits are: Extremely Low Income (30% AMI): $36,350, Very Low Income (50% AMI): $60,600, Low Income (80% AMI): $97,000. These limits are set by HUD and updated annually.
Who is eligible to live at Teresina At Lomas Verdes?+
Teresina At Lomas Verdes primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Teresina At Lomas Verdes?+
Teresina At Lomas Verdes is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Chula Vista, CA?+
Based on Fair Market Rent for San Diego County, the estimated price range is: 1-bedroom: $2248, 2-bedroom: $2833, 3-bedroom: $3819. Actual rent at Teresina At Lomas Verdes may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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