About This Property
Corona Ranch offers 74 low-income units for families in Petaluma, Sonoma County. The property has been in service since 1994 and is financed through 9% Low-Income Housing Tax Credits. Interested parties may contact the property manager for additional information regarding availability and lease terms.
Property Details
Fair Market Rent - Sonoma 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 | $1,611 |
| 1 Bedroom | $1,809 |
| 2 Bedroom | $2,377 |
| 3 Bedroom | $3,228 |
| 4 Bedroom | $3,425 |
Income Limits - Sonoma County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $24,450
- Very Low (50%)
- $40,750
- Low (80%)
- $65,150
- Extremely Low (30%)
- $27,950
- Very Low (50%)
- $46,550
- Low (80%)
- $74,450
- Extremely Low (30%)
- $31,450
- Very Low (50%)
- $52,350
- Low (80%)
- $83,750
- Extremely Low (30%)
- $34,900
- Very Low (50%)
- $58,150
- Low (80%)
- $93,050
- Extremely Low (30%)
- $37,700
- Very Low (50%)
- $62,850
- Low (80%)
- $100,500
- Extremely Low (30%)
- $40,500
- Very Low (50%)
- $67,500
- Low (80%)
- $107,950
- Extremely Low (30%)
- $43,300
- Very Low (50%)
- $72,150
- Low (80%)
- $115,400
- Extremely Low (30%)
- $46,100
- Very Low (50%)
- $76,800
- Low (80%)
- $122,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $24,450 | $40,750 | $65,150 |
| 2 Persons | $27,950 | $46,550 | $74,450 |
| 3 Persons | $31,450 | $52,350 | $83,750 |
| 4 Persons | $34,900 | $58,150 | $93,050 |
| 5 Persons | $37,700 | $62,850 | $100,500 |
| 6 Persons | $40,500 | $67,500 | $107,950 |
| 7 Persons | $43,300 | $72,150 | $115,400 |
| 8 Persons | $46,100 | $76,800 | $122,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Petaluma, CA?+
The Fair Market Rent (FMR) for Sonoma County, CA is: $1611 (Studio), $1809 (1BR), $2377 (2BR), $3228 (3BR), $3425 (4BR). Actual rent at subsidized properties like Corona Ranch is typically 30% of household income or less.
What are the income limits for affordable housing in Sonoma County, CA?+
For a 4-person household in Sonoma County, CA, the income limits are: Extremely Low Income (30% AMI): $34,900, Very Low Income (50% AMI): $58,150, Low Income (80% AMI): $93,050. These limits are set by HUD and updated annually.
Who is eligible to live at Corona Ranch?+
Corona Ranch primarily serves families. 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 Corona Ranch?+
Corona Ranch 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 manages Corona Ranch?+
Corona Ranch is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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