Monterey Arms
955 Monterey St, San Luis Obispo, California 93401
Eligibility for Monterey Arms
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in San Luis Obispo but actual income limits may differ for units at Monterey Arms.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $24,350 | $27,800 | $31,300 | $34,750 | $37,550 | $40,350 | $45,420 | $50,560 |
| 50% | $40,550 | $46,350 | $52,150 | $57,900 | $62,550 | $67,200 | $71,800 | $76,450 |
| 80% | $64,900 | $74,150 | $83,400 | $92,650 | $100,100 | $107,500 | $114,900 | $122,300 |
Monterey Arms Details
- 68 bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Nearby Low Income Apartment Communities like Monterey Arms
Iron Works Apartments
860 on the Wye Apartments
Bishop Street Studios
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