Terracina Park Meadows

8875 Lewis Stein Road, Elk Grove, California 95758

Contact Terracina Park Meadows

Another premier community by USA Properties Fund. We are located in the growing and dynamic area of Elk Grove. Terracina at Park Meadows offers professional landscaping, spacious apartment homes, and pleasing architectural design will delight you in calling Terracina at Park Meadows your new home.

Unit (Bd/Ba)	Ft²	Rent
The Paso (1/1)	702	$743
The Meadows (2/2)	1022	$1,275
The Grove (2/2)	1038	$1,275
The Timbers (2/2)	1112	$891
The Glens (2/2)	1127	$1,275
The Pavilion (2/0)	1135	$1,029
The Ponderosa (2/2)	1145	$1,350
The Laguna (2/1)	885	$1,075
The Mariposa (2/2)	998	$891

Eligibility for Terracina Park Meadows

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 Elk Grove but actual income limits may differ for units at Terracina Park Meadows.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$37,550	$42,900	$48,250	$53,600
Low Income (60%)	$45,060	$51,480	$57,900	$64,320

Terracina Park Meadows Details

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

Property Amenities

Controlled Access
Fitness Center
Tot Lot
Community Room
Business Center
Covered Parking

Unit Amenities

Dishwasher
Garbage Disposal
Washer and Dryer Hookup
Cable and Satellite TV
Walk-in Closet(s)
Window Coverings
Carpet
Patio Deck Or Balcony

Nearby Amenities

Close to Public Transportation
Near Park
Near Schools

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.