Cypress Pines

4312 Potrero Ave, Richmond, California 94804

Contact Cypress Pines

Welcome home to Cypress Pines Apartments! Nestled in the heart of Richmond, CA Cypress Pines featuring one, two and three bedroom spacious floor plans designed with you in mind. Our newly remodeled apartment homes include designer finishes such as wood inspired flooring, quartz counter tops, raised cabinetry, stainless steel energy efficient appliances and brushed nickel fixtures throughout, that are sure to please even those with the most discriminating tastes. Residents enjoy our state of the art business center, tranquil garden area, new playground and community room that include an array of pre-planned scheduled activities, Cypress Pines is sure to have something for you! Affordable housing never looked so good, stop searching and start living today!

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	515	Call for Price
Two Bedroom (2/1)	690	Call for Price
Three Bedroom (3/2)	1020	Call for Price

Eligibility for Cypress Pines

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 Richmond but actual income limits may differ for units at Cypress Pines.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$31,050	$35,500	$39,950	$44,350	$47,900	$51,450
50%	$51,800	$59,200	$66,600	$73,950	$79,900	$85,800
80%	$78,550	$89,750	$100,950	$112,150	$121,150	$130,100

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 Richmond but actual income limits may differ for units at Cypress Pines.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$51,800	$59,200	$66,600	$73,950	$79,900	$85,800
Low Income (60%)	$62,160	$71,040	$79,920	$88,740	$95,880	$102,960

Cypress Pines Details

50 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)
Section 236

Property Amenities

Controlled Access
Playground

Unit Amenities

Window Coverings
Carpet
Refrigerator

Nearby Amenities

Close to Public Transportation
Close to Shopping

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.