Ping Yuen Apartments

420 I Street, Sacramento, California 95814

Contact Ping Yuen Apartments

***SECTION 8 WELCOME***Beautiful remodeled community located in the heart of Downtown Sacramento for adults 55 years or older. We are close to Downtown Plaza, all major bus lines and across the street from Amtrak. Each apartment home has a full kitchen with electric range, refrigerator and garbage disposal. Central heat and air as well as carpet and blinds. Our community has controlled access and an excellent on site management and maintenance staff.

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

Eligibility for Ping Yuen 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 Sacramento but actual income limits may differ for units at Ping Yuen 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

Ping Yuen Apartments Details

82 studio and one bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Elevator
Community Room
Laundry Room
Off-Street Parking

Unit Amenities

Central Air
Garbage Disposal
Cable and Satellite TV
Window Coverings
Carpet
Patio Deck Or Balcony

Nearby Amenities

Close to Downtown District
Close to Public Transportation
Near Hospital
Near Library

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.