Riverwalk Apartments

1194 Hollister St, San Diego, California 92154

Contact Riverwalk Apartments

Riverwalk apartments are located in the Nestor community of San Diego. The site, a previous eye sore, contains a riverbed that has been revitalized and the local habitat, restored. Now featuring a pedestrian bridge as well as numerous public trails to enhance the community, The Riverwalk apartments are home to 50 families who earn 30-60% of San Diego county's median income. The property contains five apartment buildings, linked together by the pedestrian bridge over the creek. Riverwalk features a furnished community room, a fully equipped computer room with wireless internet, on site laundry facilities, and a tot lot/ recreation area for residents. A Green Point Rated development, every unit is equipped with water saving fixtures and ENERGY STAR appliances. Solar water heating and photovoltaic power serve the common area and the landscaping is drought-tolerant plants, mostly the native species.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based
2 Bedroom (2/1)	-	Income Based
3 Bedroom (3/1)	-	Income Based

Eligibility for Riverwalk 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 San Diego but actual income limits may differ for units at Riverwalk Apartments.

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

Riverwalk Apartments Details

50 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Community Room
Laundry Facilities

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.