Corona Community Villas

2680 S Main St , Corona, California 92882

Contact Corona Community Villas

Corona Villas is a 75-unit, Section 202, Section 8 and Tax Credit community located in Corona, CA. Corona Villas is conveniently located near public transportation, grocery stores, city parks, and health facilities. This property is currently accepting applications for the waiting list.

Residents now enjoy a fully remodeled community room equipped with full kitchen, computer lounge, TV screening room, and piano. Other upgrades include new laundry facilities, a fitness room, renovated outdoor BBQ area, and resident gardens surrounded with lush landscaping and walkable green space.

The property offers studio and one-bedroom units. Unit upgrades feature renovated kitchens with new solid wood cabinetry and new accessibility layout for the ADA units.

The community features secured access and on-site management and maintenance staff. Resident services include monthly parties, morning socials, movie nights.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	434	Call for Price
One Bedroom (1/1)	576	Call for Price

Eligibility for Corona Community Villas

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Corona but actual income limits may differ for units at Corona Community Villas.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$19,600	$22,400	$25,200	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$32,650	$37,300	$41,950	$46,600	$50,350	$54,100	$57,800	$61,550
80%	$52,200	$59,650	$67,100	$74,550	$80,550	$86,500	$92,450	$98,450

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 Corona but actual income limits may differ for units at Corona Community Villas.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$32,650	$37,300	$41,950	$46,600	$50,350	$54,100	$57,800	$61,550

Corona Community Villas Details

75 studio and one bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Voucher (PBV)

Property Amenities

BBQ and Picnic Area
Community Room
Laundry Room
24hr Emergency Maintenance

Unit Amenities

Air Conditioning
Garbage Disposal
Cable Ready
Window Coverings
Carpet
Patio Deck Or Balcony

Nearby Amenities

Close to Dining
Close to Public Transportation
Close to Shopping
Near Hospital
Near Park

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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.