Green Valley Apartments is managed by FPI Management, Inc..
Green Valley is all about the simple things in life. With lush landscaping, shady trees and mountain views, you'll forget all about your problems. Green Valley is minutes away from Cameron Park Lake, and about 10 mins from Folsom Lake, with local camping. Whether you're running the trails or adventuring in the Lake Tahoe area, Green Valley will welcome you home after a long day. With all the awe-inspiring things to do within walking and biking distance of your new home; City bus stop right out front of our community, its likely your car will get a little jealous. So when you need to show your four wheeled friend some love, our SUPER easy access to Highway 50 will have you out and about anywhere in Folsom or El Dorado with very little effort at all.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
3 Bedroom (3/1) | - | Call for Price |
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 Cameron Park but actual income limits may differ for units at Green Valley Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $37,550 | $42,900 | $48,250 | $53,600 | $57,900 | $62,200 |
Low Income (60%) | $45,060 | $51,480 | $57,900 | $64,320 | $69,480 | $74,640 |
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.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
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.