About This Property
Grace Senior Apartments comprises 55 low-income units in Sparks, Nevada serving elderly residents. The property includes 36 one-bedroom units, 18 two-bedroom units, and one four-bedroom unit, having been placed in service in 2004. This non-profit owned community is managed by an on-site team.
Property Details
Fair Market Rent - Washoe County, NV
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,072 |
| 1 Bedroom | $1,257 |
| 2 Bedroom | $1,582 |
| 3 Bedroom | $2,229 |
| 4 Bedroom | $2,669 |
Income Limits - Washoe County, NV
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $20,050
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $22,550
- Very Low (50%)
- $37,600
- Low (80%)
- $60,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,750
- Low (80%)
- $66,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,100
- Low (80%)
- $72,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,450
- Low (80%)
- $77,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,800
- Low (80%)
- $82,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,150
- Low (80%)
- $88,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,550 | $29,250 | $46,800 |
| 2 Persons | $20,050 | $33,400 | $53,450 |
| 3 Persons | $22,550 | $37,600 | $60,150 |
| 4 Persons | $26,500 | $41,750 | $66,800 |
| 5 Persons | $31,040 | $45,100 | $72,150 |
| 6 Persons | $35,580 | $48,450 | $77,500 |
| 7 Persons | $40,120 | $51,800 | $82,850 |
| 8 Persons | $44,660 | $55,150 | $88,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sparks, NV?+
The Fair Market Rent (FMR) for Washoe County, NV is: $1072 (Studio), $1257 (1BR), $1582 (2BR), $2229 (3BR), $2669 (4BR). Actual rent at subsidized properties like Grace Senior Apartments is typically 30% of household income or less.
What size apartments are available at Grace Senior Apartments?+
Grace Senior Apartments offers the following unit types: 36 One-Bedroom, 18 Two-Bedroom, 1 Four-Bedroom units, for a total of 55 units.
Who manages Grace Senior Apartments?+
Grace Senior Apartments is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Grace Senior Apartments?+
Grace Senior Apartments 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 Washoe County, NV?+
For a 4-person household in Washoe County, NV, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,750, Low Income (80% AMI): $66,800. These limits are set by HUD and updated annually.
How do I apply for housing at Grace Senior Apartments?+
Grace Senior 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.
What is the price range for apartments in Sparks, NV?+
Based on Fair Market Rent for Washoe County, the estimated price range is: 1-bedroom: $1257, 2-bedroom: $1582. Actual rent at Grace Senior Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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