Riverbank Senior Apartments

3101 Orange Ave, Riverbank, California 95367

Contact Riverbank Senior Apartments

Welcome to Riverbank Senior offering one and two bedroom apartments! Not only will your apartment include energy efficient appliances, a patio or balcony and much more but our beautiful property has excellent amenities including a community room, a computer room, and an exercise room inside while outside you can enjoy the spa or walking trail. Conveniently located near shopping, a park and other services, Riverbank Senior is the perfect place to call home!

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price

Eligibility for Riverbank Senior Apartments

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 Riverbank but actual income limits may differ for units at Riverbank Senior Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$29,550	$33,800	$38,000	$42,200
Low Income (60%)	$35,460	$40,560	$45,600	$50,640

Riverbank Senior Apartments Details

20 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Elevator
Fitness Center
BBQ and Picnic Area
Community Room
On-Site Manager
Laundry Facilities
Computer Room

Unit Amenities

Air Conditioning
Dishwasher
Garbage Disposal
Microwave
Refrigerator
Private Patio and Balcony
Heat and Air

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.