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Affordable Housing Option in Grass Valley, CA: Nevada City Senior Apartments - Introduction Nevada City Senior Apartments in Grass Valley, CA, offers a Low-Income Housing Tax Credit apartment for individuals seeking affordable housing. Supported by the LIHTC, these rental apartments come with specific rent and income restrictions. - Affordable Housing Incentives The LIHTC program encourages builders and developers to provide housing options for low-income individuals by offering incentives. As a result, the maximum rent charged at Nevada City Senior Apartments is based on the Area Median Income (AMI). - Income Considerations Due to the AMI-based rent structure, this apartment complex may still be unaffordable for some individuals with low income. We recommend checking the current rental rates to determine if it suits your budget. - Abundance of Low-Income Apartments Nevada City Senior Apartments comprises 60 low-income apartments, but it's important to note that there is usually a waiting list for these in-demand units. - Application Process To apply for residency, we provide the contact information for direct communication with Nevada City Senior Apartments. This will allow you to inquire about qualifications and submit your application accordingly. - Income Verification Keep in mind that income from all adults who anticipate residing in the apartment must be included and verified during the application process. For more information, please contact Nevada City Senior Apartments.
841 Old Tunnel Rd # 61, Grass Valley, CA 95945
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