Clark Terrace

1156 S Clark Dr, Los Angeles, California 90035

Contact Clark Terrace

Clark Terrace is a 40-unit, project-based Section 8 community for people 62 and over. The waiting list is currently closed.

The property includes single and one bedroom apartments with underground parking. Clark Terrace is located near Beverly Hills (one block from the intersection of Pico and Robertson) and is within easy walking distance of restaurants, shops, banks, churches, temples, and community centers.

All units at Clark Terrace include central air conditioning and heating, refrigerator, stove, window blinds, wall-to-wall carpeting, vinyl kitchen flooring, and smoke detector/fire sprinkler. Clark Terrace also features a spacious community room with a piano and exercise area. Regularly scheduled activities include a weekly bingo game, Wednesday movie nights, monthly birthday parties, and potlucks. The large patio outside the community room offers an area for residents to barbecue.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price

Waiting List is Closed

Last updated on January 12th, 2018

Eligibility for Clark Terrace

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 Los Angeles but actual income limits may differ for units at Clark Terrace.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$26,500	$30,300	$34,100	$37,850	$40,900	$43,950	$46,950	$50,560
50%	$44,150	$50,450	$56,750	$63,050	$68,100	$73,150	$78,200	$83,250
80%	$70,650	$80,750	$90,850	$100,900	$109,000	$117,050	$125,150	$133,200

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 Clark Terrace.

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

Clark Terrace Details

41 one bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Fitness Center
Many Activities
Community Room
Underground Parking

Unit Amenities

Refrigerator
Blinds
Stove
vinyl tile flooring
Heat and Air
Fire Sprinklers and Monitored Alarms
Wall-to-Wall Carpeting

Nearby Amenities

Close to Shopping
Near Bank
Near Restaurants

Section 8 Project-Based Rental Assistance (PBRA)

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.

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.