Napa Senior Apartments, aka The Reserve at Napa, was completed in 2002 in a joint venture with USA Properties and Napa Valley Community Housing. The Reserve has 117 units of one and two bedroom apartments. The property has a swimming pool and spa, community room with kitchen, library and manager’s office.
Staff includes a full time manager, part time assistant, a maintenance person and a part time Senior Resident Services coordinator. The property has an active tenant association.
For further information, see the following links:
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 Napa but actual income limits may differ for units at The Reserve at Napa.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $46,750 | $53,400 | $60,100 | $66,750 | $72,100 | $77,450 | $82,800 | $88,150 |
Low Income (60%) | $56,100 | $64,080 | $72,120 | $80,100 | $86,520 | $92,940 | $99,360 | $105,780 |
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.