Sierra Valley Senior Apartments

100 Hill St, Loyalton, California 96118

Contact Sierra Valley Senior Apartments

Sierra Valley Senior Apartments offer 1&2 bedroom units for seniors located in the town of Loyalton, CA.

Eligibility and maximum income restrictions apply. Rental Assistance may be available. Inquire with the manager as to income limits, current rental rates and information regarding the subsidy programs at this property.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom One Bath (1/1)	-	Call for Price
Two Bedroom One Bath (2/1)	-	Call for Price

Eligibility for Sierra Valley Senior 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 Loyalton but actual income limits may differ for units at Sierra Valley Senior Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$29,950	$34,200	$38,500	$42,750
Low Income (60%)	$35,940	$41,040	$46,200	$51,300

Sierra Valley Senior Apartments Details

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

Property Amenities

Community Room
Laundry Centers
Landscaping
Community Kitchen

Unit Amenities

Ceiling Fan(s)
Garbage Disposal
Washer and Dryer Hookup
Cable Ready
Carpet
Storage
Refrigerator
Water Trash and Sewer Included
Blinds
Stove
Private Patios
Energy Efficient Appliances

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.