The 7th and H Housing Community is a mixed-use affordable housing development that provides 150 studio and one-bedroom apartments in an eight-story building; extensive community space, comprehensive resident services, a health clinic and ground floor commercial retail located in close proximity to public transit and a number of downtown amenities. The new building will comprise a landmake affordable housing community which will incorporate many environmentally sustainable features.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
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 Sacramento but actual income limits may differ for units at 7th and H Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
50% | $37,550 | $42,900 | $48,250 | $53,600 | $57,900 | $62,200 | $66,500 | $70,800 |
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 Sacramento but actual income limits may differ for units at 7th and H Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $37,550 | $42,900 | $48,250 | $53,600 | $57,900 | $62,200 | $66,500 | $70,800 |
Low Income (60%) | $45,060 | $51,480 | $57,900 | $64,320 | $69,480 | $74,640 | $79,800 | $84,960 |
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.