About This Property
Las Serenas Senior Apts provides 108 affordable units in Simi Valley, with 107 designated as low-income housing for elderly residents. The community features 96 one-bedroom and 12 two-bedroom apartments and has been in operation since 2011. Financing includes tax-exempt bonds and FHA funding, with 4% Low-Income Housing Tax Credits supporting the property.
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 |
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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 Las Serenas Senior Apts is typically 30% of household income or less.
What size apartments are available at Las Serenas Senior Apts?+
Las Serenas Senior Apts offers the following unit types: 96 One-Bedroom, 12 Two-Bedroom units, for a total of 108 units.
Who is eligible to live at Las Serenas Senior Apts?+
Las Serenas Senior Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
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 Las Serenas Senior Apts may be lower for income-eligible households.
Who manages Las Serenas Senior Apts?+
Las Serenas Senior Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Las Serenas Senior Apts?+
Las Serenas Senior Apts 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
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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