Rosewood Villas Apartments

40606 Road 128, Cutler, California 93615

Las Palmas and Payne Development Corporation completed a 61 unit affordable family apartment complex on 4.32 acres in Cutler, California, in May 2007. The community is affordable to families earning between 30% – 60% of the area median income.

Eligibility for Rosewood Villas Apartments

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 Cutler but actual income limits may differ for units at Rosewood Villas 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

Rosewood Villas Apartments Details

61 bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
BBQ and Picnic Area
Organized Activities
Community Room
Swimming pool

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.