About This Property
Rancho Hermosa comprises 47 three-bedroom units in Santa Maria, California, with 45 units designated for low-income households. The property has been in service since 2011 and is financed through 9% Low-Income Housing Tax Credits. A non-profit organization owns and operates the community.
Property Details
Fair Market Rent - Santa Barbara 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 | $2,330 |
| 1 Bedroom | $2,651 |
| 2 Bedroom | $2,994 |
| 3 Bedroom | $3,996 |
| 4 Bedroom | $4,528 |
Income Limits - Santa Barbara County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $26,250
- Very Low (50%)
- $43,750
- Low (80%)
- $70,050
- Extremely Low (30%)
- $30,000
- Very Low (50%)
- $50,000
- Low (80%)
- $80,050
- Extremely Low (30%)
- $33,750
- Very Low (50%)
- $56,250
- Low (80%)
- $90,050
- Extremely Low (30%)
- $37,450
- Very Low (50%)
- $62,450
- Low (80%)
- $100,050
- Extremely Low (30%)
- $40,450
- Very Low (50%)
- $67,450
- Low (80%)
- $108,100
- Extremely Low (30%)
- $43,450
- Very Low (50%)
- $72,450
- Low (80%)
- $116,100
- Extremely Low (30%)
- $46,450
- Very Low (50%)
- $77,450
- Low (80%)
- $124,100
- Extremely Low (30%)
- $49,450
- Very Low (50%)
- $82,450
- Low (80%)
- $132,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $26,250 | $43,750 | $70,050 |
| 2 Persons | $30,000 | $50,000 | $80,050 |
| 3 Persons | $33,750 | $56,250 | $90,050 |
| 4 Persons | $37,450 | $62,450 | $100,050 |
| 5 Persons | $40,450 | $67,450 | $108,100 |
| 6 Persons | $43,450 | $72,450 | $116,100 |
| 7 Persons | $46,450 | $77,450 | $124,100 |
| 8 Persons | $49,450 | $82,450 | $132,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Santa Maria, CA?+
The Fair Market Rent (FMR) for Santa Barbara County, CA is: $2330 (Studio), $2651 (1BR), $2994 (2BR), $3996 (3BR), $4528 (4BR). Actual rent at subsidized properties like Rancho Hermosa is typically 30% of household income or less.
What size apartments are available at Rancho Hermosa?+
Rancho Hermosa offers the following unit types: 47 Three-Bedroom units, for a total of 47 units.
What are the income limits for affordable housing in Santa Barbara County, CA?+
For a 4-person household in Santa Barbara County, CA, the income limits are: Extremely Low Income (30% AMI): $37,450, Very Low Income (50% AMI): $62,450, Low Income (80% AMI): $100,050. These limits are set by HUD and updated annually.
How do I apply for housing at Rancho Hermosa?+
Rancho Hermosa 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.
Who is eligible to live at Rancho Hermosa?+
Rancho Hermosa primarily serves SPECIAL NEEDS. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Rancho Hermosa?+
Rancho Hermosa is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Santa Maria, CA?+
Based on Fair Market Rent for Santa Barbara County, the estimated price range is: 3-bedroom: $3996. Actual rent at Rancho Hermosa may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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