Shannon Bay Apartments

5757 Shannon Bay Dr, Rocklin, California 95677

Contact Shannon Bay Apartments

We hope you will find Shannon Bay Apartments provide the best service and value in the market, while offering the opportunity to develop long standing relationships with neighbors in the community. Our management continuously focuses on maintaining the community to the highest standards possible. With our remodeled units and upgraded amenities we welcome you to come and see this property that we call home.

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

Eligibility for Shannon Bay 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 Rocklin but actual income limits may differ for units at Shannon Bay 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

Shannon Bay Apartments Details

50 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Playground
BBQ and Picnic Area
Community Room
Laundry Facilities

Unit Amenities

Energy Saving Windows
Fully Equipped Kitchen

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 515 Rural Rental Housing

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.

Section 521 USDA Rental Assistance

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.