Park View Terrace is managed by Community Housing Works.
Conveniently located in the desirable City of Poway, Park View Terrace is comprised of 92 one, two, three, and four bedroom apartment homes. Residents of the community have access to a 2,500 square foot community center with CHW's on-site resident programs, teen center, computer lab, meeting room, and full kitchen. Park View Terrace is located within walking distance of shopping, restaurants, and entertainment and near the library and civic center.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
3 Bedroom (3/1) | - | Income Based |
4 Bedroom (4/1) | - | Income Based |
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 Poway but actual income limits may differ for units at Park View Terrace.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $48,250 | $55,150 | $62,050 | $68,900 | $74,450 | $79,950 | $85,450 | $90,950 |
Low Income (60%) | $57,900 | $66,180 | $74,460 | $82,680 | $89,340 | $95,940 | $102,540 | $109,140 |
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.