About This Property
Camino Esperanza comprises 31 units in Simi Valley, Ventura County, with 30 low-income units serving elderly residents. The property features 30 one-bedroom and one two-bedroom units and has been in service since 2017. Funded through HOME and utilizing 4% LIHTC credits, the community provides affordable housing options for seniors.
Property Details
Fair Market Rent - Ventura 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 | $1,725 |
| 1 Bedroom | $2,011 |
| 2 Bedroom | $2,414 |
| 3 Bedroom | $3,310 |
| 4 Bedroom | $3,867 |
Income Limits - Ventura County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $23,600
- Very Low (50%)
- $39,250
- Low (80%)
- $62,800
- Extremely Low (30%)
- $26,950
- Very Low (50%)
- $44,850
- Low (80%)
- $71,800
- Extremely Low (30%)
- $30,300
- Very Low (50%)
- $50,450
- Low (80%)
- $80,750
- Extremely Low (30%)
- $33,650
- Very Low (50%)
- $56,050
- Low (80%)
- $89,700
- Extremely Low (30%)
- $36,350
- Very Low (50%)
- $60,550
- Low (80%)
- $96,900
- Extremely Low (30%)
- $39,050
- Very Low (50%)
- $65,050
- Low (80%)
- $104,100
- Extremely Low (30%)
- $41,750
- Very Low (50%)
- $69,550
- Low (80%)
- $111,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $74,000
- Low (80%)
- $118,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $23,600 | $39,250 | $62,800 |
| 2 Persons | $26,950 | $44,850 | $71,800 |
| 3 Persons | $30,300 | $50,450 | $80,750 |
| 4 Persons | $33,650 | $56,050 | $89,700 |
| 5 Persons | $36,350 | $60,550 | $96,900 |
| 6 Persons | $39,050 | $65,050 | $104,100 |
| 7 Persons | $41,750 | $69,550 | $111,250 |
| 8 Persons | $44,660 | $74,000 | $118,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Simi Valley, CA?+
The Fair Market Rent (FMR) for Ventura County, CA is: $1725 (Studio), $2011 (1BR), $2414 (2BR), $3310 (3BR), $3867 (4BR). Actual rent at subsidized properties like Camino Esperanza is typically 30% of household income or less.
What size apartments are available at Camino Esperanza?+
Camino Esperanza offers the following unit types: 30 One-Bedroom, 1 Two-Bedroom units, for a total of 31 units.
What are the income limits for affordable housing in Ventura County, CA?+
For a 4-person household in Ventura County, CA, the income limits are: Extremely Low Income (30% AMI): $33,650, Very Low Income (50% AMI): $56,050, Low Income (80% AMI): $89,700. These limits are set by HUD and updated annually.
Who is eligible to live at Camino Esperanza?+
Camino Esperanza 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 Camino Esperanza?+
Camino Esperanza 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 is the price range for apartments in Simi Valley, CA?+
Based on Fair Market Rent for Ventura County, the estimated price range is: 1-bedroom: $2011, 2-bedroom: $2414. Actual rent at Camino Esperanza may be lower for income-eligible households.
Who manages Camino Esperanza?+
Camino Esperanza is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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