Completed in October 2008, Carondelet Court consists of 33 new two and three bedroom floor plans designed to meet the needs of low income families. Located in the Westlake area of Los Angeles, Carondelet Court is within walking distance of MacArthur Park and a Metro Redline stop. Designed by Prantis Solares Studios, this 6 story contemporary building features a large, fully furnished Community Room equipped with a kitchen, media center and internet ready computers. Tenants enjoy a spacious center courtyard and rooftop terrace providing spectacular views of the city and surrounding neighborhood. Each of the 33 units are internet wired, and feature new appliances, expansive floor plans and views of the downtown skyline.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 755 | Income Based |
Three Bedroom (3/2) | 1059 | Income Based |
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 Los Angeles but actual income limits may differ for units at Carondelet Court Apartments Homes.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $44,150 | $50,450 | $56,750 | $63,050 | $68,100 | $73,150 |
Low Income (60%) | $52,980 | $60,540 | $68,100 | $75,660 | $81,720 | $87,780 |
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.