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Villa Serena At Stanford Ranch: Affordable Housing in Rocklin, CA Overview: Villa Serena At Stanford Ranch in Rocklin, CA offers low-income housing through the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments are designed to provide affordable housing options for those in need, with specific rent and income restrictions. Incentivizing Affordable Housing: The LIHTC program provides incentives to builders and developers, encouraging them to create affordable housing for individuals with low incomes. As a result, the rent for these apartments is determined based on the Area Median Income (AMI), ensuring affordability for those who qualify. Affordability Considerations: However, it's important to note that the AMI-based rent may still be a challenge for some low-income individuals. To determine if these apartments are within your budget, it is recommended to check the current rental rates. Number of Units: Villa Serena At Stanford Ranch offers a total of 235 low-income apartments. Given the high demand for affordable housing, it is common for such complexes to have waiting lists for prospective tenants. How to Apply: To explore the possibility of living at Villa Serena At Stanford Ranch, we provide their contact information below. Reach out directly to inquire about the application process and determine your eligibility. Additional Information: In accordance with the LIHTC guidelines, the combined income of all adults residing at the apartment must be included and verified at the time of application. For more information, please contact the provided phone number. Apartment Options: - 1-bedroom apartments available at this location - 2-bedroom apartments available at this location
101 Villa Serena Cir, Rocklin, CA 95765
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