Hollywood Palms Apartments is managed by Solari Enterprises Inc..
Hollywood Palms is a 94-unit affordable apartment community centrally located in City Heights that is designed for individuals, families and seniors earning between 50%-60% of San Diego County's Area Median Income. Hollywood Palms offers, two-, three- and four-bedroom energy efficient units. The community center and computer lab is the setting for social events, meetings and classes. Their Resident Services Specialists conduct programs in Educational Support, Healthy Living, Job Readiness, Life Skills and Resources, and Civic Engagement. Hollywood Palms also has an after-school homework help, a playground, four laundry facilities and a fitness room with state-of-the-art exercise equipment. An on-site fruit garden with a compost program provides fresh produce for their residents.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | - | Income Based |
3 Bedroom (3/1) | - | Income Based |
4 Bedroom (4/1) | - | Income Based |
Hollywood Palms is an affordable housing complex (the rent is not based on your income). The wait for a two bedroom is approximately three years.
Last updated on October 22nd, 2018Hollywood Palms is an affordable housing complex (the rent is not based on your income). The wait for a three bedrooms is approximately a six year wait.
Last updated on October 22nd, 2018Hollywood Palms is an affordable housing complex (the rent is not based on your income). The wait for a four bedroom is approximately six years.
Last updated on October 22nd, 2018Generally, 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 Hollywood Palms Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $48,250 | $55,150 | $62,050 | $68,900 | $74,450 | $79,950 | $85,450 | $90,950 |
Low Income (60%) | $57,900 | $66,180 | $74,460 | $82,680 | $89,340 | $95,940 | $102,540 | $109,140 |
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.