About This Property
Valley Ridge Senior Apts comprises 38 low-income units serving elderly residents in Shasta Lake, CA. The property was placed in service in 1991 and receives 9% Low-Income Housing Tax Credit financing. Management and leasing information are available upon inquiry.
Property Details
Fair Market Rent - Shasta 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 | $1,014 |
| 1 Bedroom | $1,132 |
| 2 Bedroom | $1,487 |
| 3 Bedroom | $2,095 |
| 4 Bedroom | $2,523 |
Income Limits - Shasta County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,850
- Low (80%)
- $39,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,950
- Low (80%)
- $51,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,850 | $39,800 |
| 2 Persons | $17,420 | $28,400 | $45,450 |
| 3 Persons | $21,960 | $31,950 | $51,150 |
| 4 Persons | $26,500 | $35,500 | $56,800 |
| 5 Persons | $31,040 | $38,350 | $61,350 |
| 6 Persons | $35,580 | $41,200 | $65,900 |
| 7 Persons | $40,120 | $44,050 | $70,450 |
| 8 Persons | $44,660 | $46,900 | $75,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Shasta Lake, CA?+
The Fair Market Rent (FMR) for Shasta County, CA is: $1014 (Studio), $1132 (1BR), $1487 (2BR), $2095 (3BR), $2523 (4BR). Actual rent at subsidized properties like Valley Ridge Senior Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Shasta County, CA?+
For a 4-person household in Shasta County, CA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,500, Low Income (80% AMI): $56,800. These limits are set by HUD and updated annually.
Who manages Valley Ridge Senior Apts?+
Valley Ridge Senior Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Valley Ridge Senior Apts?+
Valley Ridge Senior Apts primarily serves elderly residents. 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 Valley Ridge Senior Apts?+
Valley Ridge Senior 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
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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