Diamond Terrace Apartments is managed by The CBM Group, Inc..
Diamond Springs Apartments is a wonderful family community to call home. Our quiet community offers 2 and 3 bedroom apartments and 4 bedroom townhomes that are equipped with carpet, garbage disposal, extra storage and more. Your family will definitely enjoy our playground, basketball court and picnic areas. Call today for more information!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 842 | Call for Price |
Three Bedroom (3/2) | 1158 | Call for Price |
Four Bedroom Townhome (4/3) | 1360 | 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 Diamond Springs but actual income limits may differ for units at Diamond Terrace Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $37,550 | $42,900 | $48,250 | $53,600 | $57,900 | $62,200 | $66,500 | $70,800 |
Low Income (60%) | $45,060 | $51,480 | $57,900 | $64,320 | $69,480 | $74,640 | $79,800 | $84,960 |
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.