Park Place Apartments

12225 Atlantic Ave, Lynwood, California 90262

Contact Park Place Apartments

Park Place is a redevelopment site which includes 99 family homes. The buildings have a contemporary exterior architecture. A free-standing childcare building provides services for residents and neighbors, and is operated by a local non-profit provider. The site is located near an MTA bus line, the new Burke-Ham Park, Mark Twain Elementary School, and a market. Amenities include a large community clubhouse with a lounge, computer lab, pool, barbecue areas, and children’s playground. Free social services and educational classes for adults and children are offered.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	640	Call for Price
1 Bedroom (1/1)	762	Call for Price
1 Bedroom w/ Den (1/1)	905	Call for Price
2 Bedroom (2/2)	1155	Call for Price
2 Bedroom w/ Den (2/2)	1241	Call for Price

Eligibility for Park Place 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 Lynwood but actual income limits may differ for units at Park Place Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$44,150	$50,450	$56,750	$63,050
Low Income (60%)	$52,980	$60,540	$68,100	$75,660

Park Place Apartments Details

99 studio, one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Fitness Center

Unit Amenities

Walk-in Closet(s)
Central Heat & Air
Washer and Dryer Included
Private Patio and Balcony

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.