La Puente Park Apartments is managed by Preservation Partners Management Group, Inc..
La Puente Park Apartments is a 132-unit development with all units subsidized through a HUD project-based Section 8 contract. The property is located at 14714 E. Prichard, La Puente, California 91744. The development was originally built in 1969, broadly rehabilitated in 2002, and offers one, two, and three-bedroom units. All units are located within fourteen two-story buildings. Common amenities include a community building, computer lab, community room, kitchen, laundry rooms, basketball court, tot lot, and guarded and gated entry. Resident services include educational classes, afterschool programs, and special events. La Puente Park Apartments was acquired by PPD in 2002 when it underwent an extensive remodel with plans to renovate again in 2017/2018.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in La Puente but actual income limits may differ for units at La Puente Park Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
50% | $44,150 | $50,450 | $56,750 | $63,050 | $68,100 | $73,150 | $78,200 | $83,250 |
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 La Puente but actual income limits may differ for units at La Puente Park Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $44,150 | $50,450 | $56,750 | $63,050 | $68,100 | $73,150 | $78,200 | $83,250 |
Low Income (60%) | $52,980 | $60,540 | $68,100 | $75,660 | $81,720 | $87,780 | $93,840 | $99,900 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
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.
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.