Triangle Terrace Apartments

555 S Shaffer St, Orange, California 92866

Contact Triangle Terrace Apartments

Triangle Terrace is an affordable senior (62+) community compromised of studio and 1-bedroom apartments. Each unit is furnished with an oven/range & full size refrigerator and rent includes water and trash. The building is located on 3.4 acres of beautiful grounds with lots of trees and green grass that present a peaceful and quiet setting. Hart Park located next to the property provides, hiking trails, picnic tables, and beautiful scenery. The common areas include a lobby, community room with a big screen TV and resident computers, as well as laundry facilities. Triangle Terrace is a fully gated community with controlled entry access in the evening and the large parking lot provides ample parking for the residents.

Accessible units are available for mobility impairments.

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

Eligibility for Triangle Terrace Apartments

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 Orange but actual income limits may differ for units at Triangle Terrace Apartments .

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$30,150	$34,450	$38,750	$43,050	$46,500	$49,950	$53,400	$56,850
50%	$50,250	$57,400	$64,600	$71,750	$77,500	$83,250	$89,000	$94,750
80%	$80,400	$91,850	$103,350	$114,800	$124,000	$133,200	$142,400	$151,550

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 Orange but actual income limits may differ for units at Triangle Terrace Apartments .

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$50,250	$57,400	$64,600	$71,750	$77,500	$83,250	$89,000	$94,750

Triangle Terrace Apartments Details

75 studio and one bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Community Room
Laundry Room
Gated Community
Walking Trails

Unit Amenities

Cable Ready
Trash Included
Water Included

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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.