About This Property
Sierra Valley Senior Citizen Community offers 50 units of affordable housing in Loyalton, California, including 48 low-income units designated for elderly residents. The community features 44 one-bedroom and 6 two-bedroom units and has been in service since 1999. The property receives 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Sierra 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 | $911 |
| 1 Bedroom | $1,005 |
| 2 Bedroom | $1,321 |
| 3 Bedroom | $1,862 |
| 4 Bedroom | $2,168 |
Income Limits - Sierra County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,600
- Low (80%)
- $47,350
- Extremely Low (30%)
- $20,300
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $22,850
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,250
- Low (80%)
- $67,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,050
- Low (80%)
- $78,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,400
- Low (80%)
- $83,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,800
- Low (80%)
- $89,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,750 | $29,600 | $47,350 |
| 2 Persons | $20,300 | $33,800 | $54,100 |
| 3 Persons | $22,850 | $38,050 | $60,850 |
| 4 Persons | $26,500 | $42,250 | $67,600 |
| 5 Persons | $31,040 | $45,650 | $73,050 |
| 6 Persons | $35,580 | $49,050 | $78,450 |
| 7 Persons | $40,120 | $52,400 | $83,850 |
| 8 Persons | $44,660 | $55,800 | $89,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Loyalton, CA?+
The Fair Market Rent (FMR) for Sierra County, CA is: $911 (Studio), $1005 (1BR), $1321 (2BR), $1862 (3BR), $2168 (4BR). Actual rent at subsidized properties like Sierra Valley Senior Citizen Community is typically 30% of household income or less.
What size apartments are available at Sierra Valley Senior Citizen Community?+
Sierra Valley Senior Citizen Community offers the following unit types: 44 One-Bedroom, 6 Two-Bedroom units, for a total of 50 units.
What is the price range for apartments in Loyalton, CA?+
Based on Fair Market Rent for Sierra County, the estimated price range is: 1-bedroom: $1005, 2-bedroom: $1321. Actual rent at Sierra Valley Senior Citizen Community may be lower for income-eligible households.
What are the income limits for affordable housing in Sierra County, CA?+
For a 4-person household in Sierra County, CA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,250, Low Income (80% AMI): $67,600. These limits are set by HUD and updated annually.
Who manages Sierra Valley Senior Citizen Community?+
Sierra Valley Senior Citizen Community is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sierra Valley Senior Citizen Community?+
Sierra Valley Senior Citizen Community 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 Sierra Valley Senior Citizen Community?+
Sierra Valley Senior Citizen Community primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.