Plaza Point

971 8th St, Arcata, California 95521

Contact Plaza Point

Plaza Point is a three-story, mixed-use development that provides an attractive and dignified living opportunity for seniors. It is designed to create a welcoming and vibrant community where neighborhood charm, urban connections, and sustainability are celebrated. As well, there are market-rate commercial spaces on the first floor. The project will achieve multiple green building certifications, including LEED for Homes - Platinum.

Eligibility for Plaza Point

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Arcata but actual income limits may differ for units at Plaza Point.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$28,900	$33,000	$37,150	$41,250	$44,550	$47,850	$51,150	$54,450
Low Income (60%)	$34,680	$39,600	$44,580	$49,500	$53,460	$57,420	$61,380	$65,340

Plaza Point Details

29 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing

Property Amenities

Fitness Center
Community Room
Laundry Facilities
Community Kitchen

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.