Pilgrim Terrace

649 Pilgrim Terrace Dr, Santa Barbara, California 93101

Contact Pilgrim Terrace

Pilgrim Terrace is an affordable senior community comprised of 1-bedroom and 2-bedroom apartments. This community offers energy efficient windows, sliding glass doors, wood trim replacement, paint, water heaters, furnaces, site lighting, signage, improvements to site accessibility, and paving and landscaping. Kitchens and bathrooms have been recently updated with new cabinets, countertops, appliances, plumbing fixtures, paint, flooring and lighting. All common areas including the community room, library, offices, computer room and recreational patio were recently remodeled as well.

A brand new commercial kitchen was constructed for non-profit partner, Pilgrim Terrace Co-Operative Homes, to prepare and serve free, daily lunches to Pilgrim Terrace residents, with ingredients grown on site!

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

Eligibility for Pilgrim Terrace

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 Santa Barbara but actual income limits may differ for units at Pilgrim Terrace.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$31,050	$35,500	$39,950	$44,350
50%	$51,800	$59,200	$66,600	$73,950
80%	$82,950	$94,800	$106,650	$118,500

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 Santa Barbara but actual income limits may differ for units at Pilgrim Terrace.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$51,800	$59,200	$66,600	$73,950

Pilgrim Terrace Details

84 one and two bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Community Room
Library
Energy Efficient Design
Community Garden
Computer Room
Accessible Apartments

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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.