Las Palmas Foundation and Global Premier Development partnered in building this 69-unit large family project in Brawley, California. Manzanilla Terrace is a high-quality garden-style affordable apartment community, which sits on 4.64 acres and consists of 8 two-story apartment buildings and one central recreation building.
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 Brawley but actual income limits may differ for units at Manzanilla Terrace.
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.
Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.