Placer West Apartments is managed by The Michaels Organization.
Placer West offers an affordable living to low-income households for you and your family to enjoy. The spacious 1-, 2-, and 3-bedroom apartments are equipped with a refrigerator, range, lots of kitchen counter space and, central heat and air conditioning. The convenient located is close to the Roseville Galleria, grocery stores, pharmacies, gas stations and much more. At Placer West residents are cared about and everything is done to make sure you love it there.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 672 | From $1,277 |
Two Bedroom (2/1) | 784 | From $1,372 |
Three Bedroom (3/1) | 952 | From $1,572 |
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 Rocklin but actual income limits may differ for units at Placer West Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $37,550 | $42,900 | $48,250 | $53,600 | $57,900 | $62,200 |
Low Income (60%) | $45,060 | $51,480 | $57,900 | $64,320 | $69,480 | $74,640 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
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.
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.