About This Property
Hillcrest Villas is a 60-unit affordable housing community in Thousand Oaks, California, offering 59 low-income units designed for families. The property features a mix of one, two, and three-bedroom units, with 32 one-bedroom, 10 two-bedroom, and 18 three-bedroom apartments. Placed in service in 2013, this non-profit owned community is funded through HOME and Low-Income Housing Tax Credits.
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 Thousand Oaks, 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 Hillcrest Villas is typically 30% of household income or less.
What size apartments are available at Hillcrest Villas?+
Hillcrest Villas offers the following unit types: 32 One-Bedroom, 10 Two-Bedroom, 18 Three-Bedroom units, for a total of 60 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 Hillcrest Villas?+
Hillcrest Villas primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Hillcrest Villas?+
Hillcrest Villas is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Thousand Oaks, CA?+
Based on Fair Market Rent for Ventura County, the estimated price range is: 1-bedroom: $2011, 2-bedroom: $2414, 3-bedroom: $3310. Actual rent at Hillcrest Villas may be lower for income-eligible households.
How do I apply for housing at Hillcrest Villas?+
Hillcrest Villas 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.
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