Cypress Springs Apartments

7850 Cypress Ave, Riverside, California 92503

Contact Cypress Springs Apartments

Construction of Cypress Springs Apartments was completed at the end of 2007. The property consists of 101 units of large family apartments affordable to very low- and low-income tenants. The majority of the units are 2 and 3 bedroom apartments, with a limited number of 4 bedroom units. The property is professionally managed by the John Stewart Company.

Cypress Springs Apartments offer a variety of amenities, including childcare services on-site! The property is also home to the Blindness Support Training Center, operated by Blindness Support Services, Inc. In addition, Cypress Springs Apartments offers a computer learning center, a large community room, spacious play areas and barbeque and picnic areas.

This property, like all of our rental properties, is an Equal Housing Opportunity rental subject to the Fair Housing Act of 1968, which prohibits any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin, or an intention to make any such preference, limitation, or discrimination.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	-	Income Based
Three Bedroom (3/2)	-	Income Based
Four Bedroom (4/2.5)	-	Income Based

Eligibility for Cypress Springs 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 Riverside but actual income limits may differ for units at Cypress Springs Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$32,650	$37,300	$41,950	$46,600	$50,350	$54,100	$57,800	$61,550
Low Income (60%)	$39,180	$44,760	$50,340	$55,920	$60,420	$64,920	$69,360	$73,860

Cypress Springs Apartments Details

101 two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

BBQ and Picnic Area
Computer Lab
Community Room

Office Hours

Day	Hours
Monday	9:00am-3:00pm
Tuesday	9:00am-3:00pm
Wednesday	9:00am-3:00pm
Thursday	9:00am-3:00pm
Friday	9:00am-3:00pm

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.