Trolley Park Terrace

4985 Market St, San Diego, California 92102

Trolley Park Terrace is an affordable housing community offering 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Each unit includes a balcony and attached storage space, Energy Star appliances, hard-surface flooring in the kitchen and living areas, and carpet in the bedrooms. Property amenities include a community room with a lounge and kitchen, computer lab, laundry facilities located on each floor, an outdoor children’s play area with a BBQ station, and a sport court. The community offers key-card restricted entry and there are security cameras placed throughout the property. There is a parking garage for residents and bicycle storage is offered in both the garage and open courtyard area. Resident activities include after-school programs for children and skills-building classes for adults (such as computer literacy, English as a Second Language, and financial literacy). Trolley Park Terrace is located near the San Diego Trolley Euclid Avenue station.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/2)	-	Call for Price

Eligibility for Trolley Park Terrace

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 Trolley Park Terrace.

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

Trolley Park Terrace Details

11 one, two and three bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

BBQ and Picnic Area
Computer Lab
Community Room
On-Site Manager
Underground Parking
Bicycle Storage
Energy Star Appliances
Secured Entry
Surveillance Cameras
Laundry Facilities
Storage (in unit)
Sport Court
Resident Activities
Resident Lounge
Community Kitchen
After School Program
Play Area

Unit Amenities

Dishwasher
Patio Deck Or Balcony
Refrigerator
Stove
Carpeted Bedroom

Nearby Amenities

Close to Public Transportation

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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.