Sonora Terrace Sonora

About This Building

Affordable Housing in Sonora, CA - Sonora Terrace Introduction: Sonora Terrace is an apartment complex in Sonora, CA that falls under the Low-Income Housing Tax Credit (LIHTC) program. With rental apartments designed to be affordable, this housing option adheres to the LIHTC guidelines, including program rent and income restrictions. Incentives for Affordable Housing: The LIHTC program provides builders and developers with incentives to create housing options for low-income individuals. By participating in this program, Sonora Terrace ensures accessibility and affordability for those in need. However, it is important to note that the maximum rent charged is determined based on the Area Median Income (AMI), which may make this apartment unaffordable for some low-income individuals. Determining Affordability: To evaluate whether Sonora Terrace is a financially viable option, it is recommended to check the current rental rates. Considering the AMI and your personal financial situation, you can determine if this housing option aligns with your budgetary requirements. Number of Apartments: Sonora Terrace offers a total of 46 low-income apartments. With a limited number of units available, it is advisable to act promptly if you are interested in securing a place. Contact and Application Process: Given the current demand for affordable housing, it is common for apartments to have waiting lists. To determine if you qualify to live at Sonora Terrace and to inquire about availability, it is best to contact them directly using the provided contact number. Important Requirement: When applying to Sonora Terrace, it is essential to include and verify the income of all adults who are expected to reside in the apartment. This verification ensures compliance with the LIHTC program guidelines. For more details, please call the provided number. Operating Hours: Sonora Terrace's regular hours of operation are as follows: - Tuesday and Wednesday: 9:00 am - 4:30 pm - Thursday: 9:00 am - 4:00 pm