
About This Property
525 Orange Ave in Coronado contains 16 low-income residential units that serve families, including 4 studios, 11 one-bedroom units, and 1 two-bedroom unit. The property was placed in service in 2008 and is financed through tax-exempt bonds with 4% Low-Income Housing Tax Credits. The development provides affordable housing options in San Diego County.
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 Coronado, 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 525 Orange Ave is typically 30% of household income or less.
What size apartments are available at 525 Orange Ave?+
525 Orange Ave offers the following unit types: 4 Studio, 11 One-Bedroom, 1 Two-Bedroom units, for a total of 16 units.
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 manages 525 Orange Ave?+
525 Orange Ave is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at 525 Orange Ave?+
525 Orange Ave primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at 525 Orange Ave?+
525 Orange Ave 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 Coronado, CA?+
Based on Fair Market Rent for San Diego County, the estimated price range is: 1-bedroom: $2248, 2-bedroom: $2833. Actual rent at 525 Orange Ave may be lower for income-eligible households.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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