Palmdale Terrace is managed by The John Stewart Company.
Palmdale Terrace Apartments is the new construction of a 151-unit, three story property that offers a mix of 1-, 2-, and 3-bedroom units specifically for low-income individuals and families.
The community is located less than a quarter of a mile away from convenient neighboring amenities, such as parks, public transit, grocery stores, public schools, and medical facilities.
All units have fully equipped kitchens and bathrooms with onsite amenities including spacious community gathering areas, shaded picnic area, a large children’s play structure, and dog park. Two units are dedicated for onsite managers, who will both reside at the property ensuring that the residents and the neighboring community have a constant point of contact.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/1) | - | 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.