About This Property
Park Lane Apartments comprises 90 units in Petaluma, California, with 89 designated as low-income housing. The property includes 16 studio units, 40 one-bedroom units, and 34 two-bedroom units, and has been in service since 2016. The development is funded through 4% Low-Income Housing Tax Credits.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
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 Park Lane Apartments is typically 30% of household income or less.
What size apartments are available at Park Lane Apartments?+
Park Lane Apartments offers the following unit types: 16 Studio, 40 One-Bedroom, 34 Two-Bedroom units, for a total of 90 units.
Who manages Park Lane Apartments?+
Park Lane Apartments is managed by . You can reach them at . Visit their website for more information.
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. Actual rent at Park Lane Apartments may be lower for income-eligible households.
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.
What is the HUD inspection score for Park Lane Apartments?+
Park Lane Apartments has a HUD inspection score of 92 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
How do I apply for housing at Park Lane Apartments?+
Park Lane Apartments 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.
More Affordable Housing Near Park Lane Apartments
Vintage Chateau Ii
Petaluma, CA
68 UnitsLogan Place
Petaluma, CA
66 UnitsMadrone Village
Petaluma, CA
23 UnitsOld Elm Village
Petaluma, CA
87 UnitsDowntown River Apts
Petaluma, CA
81 UnitsWashington Creek Apts
Petaluma, CA
32 Units