About This Property
Chesapeake Bay Apts in Tracy offers 216 units, including 150 designated low-income units developed through 4% Low-Income Housing Tax Credits and tax-exempt bond financing. The property, placed in service in 2002, provides a mix of 136 two-bedroom and 18 three-bedroom floor plans to serve households in San Joaquin County.
Property Details
Fair Market Rent - San Joaquin 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 | $1,122 |
| 1 Bedroom | $1,245 |
| 2 Bedroom | $1,607 |
| 3 Bedroom | $2,265 |
| 4 Bedroom | $2,727 |
Income Limits - San Joaquin County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,900
- Low (80%)
- $41,450
- Extremely Low (30%)
- $17,800
- Very Low (50%)
- $29,600
- Low (80%)
- $47,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,300
- Low (80%)
- $53,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,000
- Low (80%)
- $59,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,950
- Low (80%)
- $68,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,900
- Low (80%)
- $73,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,850
- Low (80%)
- $78,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,900 | $41,450 |
| 2 Persons | $17,800 | $29,600 | $47,400 |
| 3 Persons | $21,960 | $33,300 | $53,300 |
| 4 Persons | $26,500 | $37,000 | $59,200 |
| 5 Persons | $31,040 | $40,000 | $63,950 |
| 6 Persons | $35,580 | $42,950 | $68,700 |
| 7 Persons | $40,120 | $45,900 | $73,450 |
| 8 Persons | $44,660 | $48,850 | $78,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Tracy, CA?+
The Fair Market Rent (FMR) for San Joaquin County, CA is: $1122 (Studio), $1245 (1BR), $1607 (2BR), $2265 (3BR), $2727 (4BR). Actual rent at subsidized properties like Chesapeake Bay Apts is typically 30% of household income or less.
What size apartments are available at Chesapeake Bay Apts?+
Chesapeake Bay Apts offers the following unit types: 136 Two-Bedroom, 18 Three-Bedroom units, for a total of 216 units.
What is the price range for apartments in Tracy, CA?+
Based on Fair Market Rent for San Joaquin County, the estimated price range is: 2-bedroom: $1607, 3-bedroom: $2265. Actual rent at Chesapeake Bay Apts may be lower for income-eligible households.
What are the income limits for affordable housing in San Joaquin County, CA?+
For a 4-person household in San Joaquin County, CA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,000, Low Income (80% AMI): $59,200. These limits are set by HUD and updated annually.
Who manages Chesapeake Bay Apts?+
Chesapeake Bay Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Chesapeake Bay Apts?+
Chesapeake Bay 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.
Contact Information
Location
San Joaquin County, CA
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