About This Property
Tannery Artist Lofts comprises 100 units in Santa Cruz, with 99 designated as low-income housing serving families. The property includes 14 studios, 16 one-bedroom, 28 two-bedroom, and 42 three-bedroom units. Placed in service in 2009, the development was financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Santa Cruz 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 | $2,849 |
| 1 Bedroom | $3,085 |
| 2 Bedroom | $4,054 |
| 3 Bedroom | $5,000 |
| 4 Bedroom | $5,504 |
Income Limits - Santa Cruz County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $29,200
- Very Low (50%)
- $48,650
- Low (80%)
- $78,050
- Extremely Low (30%)
- $33,400
- Very Low (50%)
- $55,600
- Low (80%)
- $89,200
- Extremely Low (30%)
- $37,550
- Very Low (50%)
- $62,550
- Low (80%)
- $100,350
- Extremely Low (30%)
- $41,700
- Very Low (50%)
- $69,500
- Low (80%)
- $111,500
- Extremely Low (30%)
- $45,050
- Very Low (50%)
- $75,100
- Low (80%)
- $120,450
- Extremely Low (30%)
- $48,400
- Very Low (50%)
- $80,650
- Low (80%)
- $129,350
- Extremely Low (30%)
- $51,750
- Very Low (50%)
- $86,200
- Low (80%)
- $138,300
- Extremely Low (30%)
- $55,050
- Very Low (50%)
- $91,750
- Low (80%)
- $147,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $29,200 | $48,650 | $78,050 |
| 2 Persons | $33,400 | $55,600 | $89,200 |
| 3 Persons | $37,550 | $62,550 | $100,350 |
| 4 Persons | $41,700 | $69,500 | $111,500 |
| 5 Persons | $45,050 | $75,100 | $120,450 |
| 6 Persons | $48,400 | $80,650 | $129,350 |
| 7 Persons | $51,750 | $86,200 | $138,300 |
| 8 Persons | $55,050 | $91,750 | $147,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Santa Cruz, CA?+
The Fair Market Rent (FMR) for Santa Cruz County, CA is: $2849 (Studio), $3085 (1BR), $4054 (2BR), $5000 (3BR), $5504 (4BR). Actual rent at subsidized properties like Tannery Artist Lofts is typically 30% of household income or less.
What size apartments are available at Tannery Artist Lofts?+
Tannery Artist Lofts offers the following unit types: 14 Studio, 16 One-Bedroom, 28 Two-Bedroom, 42 Three-Bedroom units, for a total of 100 units.
Who manages Tannery Artist Lofts?+
Tannery Artist Lofts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Tannery Artist Lofts?+
Tannery Artist Lofts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Santa Cruz County, CA?+
For a 4-person household in Santa Cruz County, CA, the income limits are: Extremely Low Income (30% AMI): $41,700, Very Low Income (50% AMI): $69,500, Low Income (80% AMI): $111,500. These limits are set by HUD and updated annually.
What is the price range for apartments in Santa Cruz, CA?+
Based on Fair Market Rent for Santa Cruz County, the estimated price range is: 1-bedroom: $3085, 2-bedroom: $4054, 3-bedroom: $5000. Actual rent at Tannery Artist Lofts may be lower for income-eligible households.
How do I apply for housing at Tannery Artist Lofts?+
Tannery Artist Lofts 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
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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