About This Property
Old Elm Village comprises 87 units in Petaluma, serving low-income families with a mix of studio through four-bedroom floor plans. The property includes 68 low-income units and has been in service since 2001. The community is non-profit owned and financed through 9% Low-Income Housing Tax Credits.
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 Old Elm Village is typically 30% of household income or less.
What size apartments are available at Old Elm Village?+
Old Elm Village offers the following unit types: 9 Studio, 16 One-Bedroom, 8 Two-Bedroom, 31 Three-Bedroom, 6 Four-Bedroom units, for a total of 87 units.
What is the price range for apartments in Petaluma, CA?+
Based on Fair Market Rent for Sonoma County, the estimated price range is: 1-bedroom: $1809, 2-bedroom: $2377, 3-bedroom: $3228. Actual rent at Old Elm Village may be lower for income-eligible households.
How do I apply for housing at Old Elm Village?+
Old Elm Village 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.
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 Old Elm Village?+
Old Elm Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Old Elm Village?+
Old Elm Village is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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