Riverbend Family is managed by Cambridge Real Estate Services.
Riverbend Family Apartments is a 72-unit affordable community. With a mix of 36 two bedroom units and 36 three-bedroom units, this community can provide affordable housing for families earning up to 60% of the area median income (AMI) for Butte County.
Riverbend Family has a spacious community building that includes an office, community room, exercise room, computer room, laundry facilities, and a kitchen. Within each apartment home, residents will enjoy features such as refrigerators, exhaust fans, dishwashers, disposals, ranges with ovens as well as an outdoor balcony or patio with extra storage space.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 821 | Call for Price |
Three Bedroom (3/2) | 1022 | Call for Price |
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.