Terracina at Elk Grove is managed by USA Properties Fund.
Terracina at Elk Grove is convieniently located near shopping, dining and easy access to both the 1-5 and Highway 99. This community features cozy 1, 2, and 3 bedroom apartment homes and is one of the many beautiful communities managed by USA Multifamily Management. They have 2 playgrounds, a basketball court, a pool, spa, and friendly staff. Thank you for your interest in Terracina at Elk Grove Apartment Homes, where your new home awaits you!!!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 598 | Call for Price |
Two Bedroom (2/1) | 729 | Call for Price |
Three Bedroom (3/2) | 986 | Call for Price |
The Terracina at Elk Grove is currently closed until further notice.
Last updated on December 21st, 2018Generally, 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 at Elk Grove.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $37,550 | $42,900 | $48,250 | $53,600 | $57,900 | $62,200 |
Low Income (60%) | $45,060 | $51,480 | $57,900 | $64,320 | $69,480 | $74,640 |
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.