Castaic Lake Senior Village

31990 Castaic Rd. , Castaic, California 91384

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Castaic Lake Senior Village is managed by FPI Management, Inc..

Active senior affordable housing living for 55 years , near Castaic Lake. Close to shopping, grocery, restaurants, transportation to Senior Center or Valencia Mall, and banks. On-site laundry facility and clubhouse with many activities throughout the month. Please contact site manager for more details.

Unit (Bd/Ba) Ft2 Rent
One Bedroom Garden (1/1) 521 Income Based
One Bedroom (1/1) 581 Income Based
Two Bedroom Garden (2/1) 709 Income Based
Two Bedroom (2/1) 761 Income Based

Eligibility for Castaic Lake Senior Village

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 Castaic but actual income limits may differ for units at Castaic Lake Senior Village.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $44,150 $50,450 $56,750 $63,050
Low Income (60%) $52,980 $60,540 $68,100 $75,660

Castaic Lake Senior Village Details

  • 150 one and two bedroom units.
  • Garden
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Fitness Center
  • BBQ and Picnic Area
  • Community Room
  • Clubhouse
  • Pool
  • Laundry Room
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • On-Site Parking

Unit Amenities

  • Air Conditioning
  • Microwave
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator
  • Oven and Range
  • Extra Storage

Nearby Amenities

  • Close to Dining
  • Close to Shopping
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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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