Gridley Oaks Apartments

1500 Highway 99, Gridley, California 95948

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Gridley Oaks Apartments is managed by MBS Property Management, Inc..

Gridley Oaks Apartments is an affordable, pet-friendly complex specifically designed for those individuals 62 and over, or disabled regardless of age. We offer spacious one bedroom units, some ADA accessible units. Our peaceful community is the perfect place to call home. Call us today for more information.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 632 Income Based
One Bedroom ADA (1/1) 647 Income Based

Eligibility for Gridley Oaks 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 Gridley but actual income limits may differ for units at Gridley Oaks 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

Gridley Oaks Apartments Details

  • 56 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Laundry Room

Unit Amenities

  • Fully Equipped Kitchen

Nearby Amenities

  • Near Shopping

Office Hours

Day Hours
Monday 9:00am-3:00pm
Tuesday 9:00am-3:00pm
Wednesday 9:00am-3:00pm
Thursday 9:00am-3:00pm
Friday 9:00am-3:00pm
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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

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