Los Banos Apartments

44 W I St, Los Banos, California 93635

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Los Banos Apartments is managed by The Michaels Organization.

Los Banos offers spacious 1, 2, & 3 bedroom apartment homes. This community is conveniently located in the heart of rural California, providing easy access to East Pacheco Blvd (Route 33) and Mercy Springs Road (Route 165). Residents love all of the community features and endless programs and resources.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 650 Call for Price
Two Bedroom (2/1) 750 Call for Price
Three Bedroom (3/1) 850 Call for Price

Eligibility for Los Banos 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 Los Banos but actual income limits may differ for units at Los Banos 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

Los Banos Apartments Details

  • 68 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 521 USDA Rental Assistance
  • Section 515 Rural Rental Housing
  • Section 538 Guaranteed Rural Rental Housing

Property Amenities

  • Playground
  • BBQ and Picnic Area
  • On-Site Manager
  • Laundry Room
  • On-Site Parking
  • On-Site Maintenance

Unit Amenities

  • Handicapped Accessible
  • Garbage Disposal
  • Window Coverings
  • Hardwood Floors
  • Refrigerator
  • Oven and Range
  • Stove
  • Energy Efficient Appliances
  • Heat and Air
  • Carpeted Bedroom

Office Hours

Day Hours
Monday 8:00am-5:00pm
Tuesday 8:00am-5:00pm
Wednesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
Friday 8:00am-5:00pm
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 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.

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 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

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