Sante Fe Apartments is managed by FPI Management, Inc..
Santa Fe, which is AMCAL’s first development in Kern County, consists of 3,150 sf of retail along Union Avenue and 56 units. Construction is three levels of Type V wood with surface parking of 87 spaces.
Santa Fe is near a Golden Empire Transit District bus route, Lowell Park, McKinley Elementary School, Bakersfield Community Health Clinic, markets, and pharmacies.
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 Bakersfield but actual income limits may differ for units at Sante Fe Apartments.
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 |
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.