Cedar Gateway Apartments is a new construction, health affordable housing community located in San Diego, remedy California. Cedar Gateway is a contemporary building rising five to seven stories above subterranean parking and offers 65 affordable apartments. A five story element is capped by a landscaped “eco roof” that overlooks Cortez Hill. With easy access to Interstate 5 and a Metropolitan Transit System (MTS) bus stop, residents can enjoy quick access to Downtown San Diego, the San Diego Public Library, a hospital, Balboa Park, schools, and retail outlets.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 713 | Call for Price |
2 Bedroom (2/1) | 886 | Call for Price |
3 Bedroom (3/2) | 1147 | Call for Price |
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 San Diego but actual income limits may differ for units at Cedar Gateway.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $48,250 | $55,150 | $62,050 | $68,900 | $74,450 | $79,950 |
Low Income (60%) | $57,900 | $66,180 | $74,460 | $82,680 | $89,340 | $95,940 |
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.