La Placita Cinco Apartments is managed by FPI Management, Inc..
La Placita Cinco features a four-story building, offering 2-, 3-, and 4-bedroom units, with ground-floor community amenity spaces and a ground-floor storefront design facing the streets to create an urban feel. On the upper levels, the residential apartment homes are arranged around a central courtyard creating a safe, inviting environment for families to enjoy. Both residents and community members enjoy new outdoor fitness equipment, accessible along the side street. Residents are able to enjoy the addition of community gardens behind the north building, inviting opportunities to grow, produce and learn about urban agriculture.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 863 | From $827 |
Three Bedroom (3/2) | 1052 | From $2,003 |
Four Bedroom (4/2) | 1290 | From $1,031 To $2,146 |
Day | Hours |
---|---|
Monday | 8:00am-5:00pm |
Tuesday | 8:00am-5:00pm |
Wednesday | 8:00am-5:00pm |
Thursday | 8:00am-5:00pm |
Friday | 8:00am-5:00pm |
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.