Valentine Court III Apartments

250 E Newlove Dr, Santa Maria, California 93454

Contact Valentine Court III Apartments

Completed in 2003, Valentine Court III is a 9 unit affordable rental community for developmentally disabled households. The one- and two-bedroom apartments are conveniently located near transportation services and major shopping areas.

The complex features a laundry facility and shares common space for community activities with the adjacent first two phases, Valentine Court and Valentine Court II. On-site services such as preventative health care exams, social gatherings, movie nights and various seasonal holiday celebrations are available to all residents.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price

Eligibility for Valentine Court III Apartments

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 Maria but actual income limits may differ for units at Valentine Court III Apartments.

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 Maria but actual income limits may differ for units at Valentine Court III Apartments.

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

Valentine Court III Apartments Details

9 one and two bedroom units.
Section 811 Supportive Housing for Persons with Disabilities
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Community Room
Accessible Apartments
Convenient Location
On-Site Laundry

Unit Amenities

Window Coverings
Carpet
Water Trash and Sewer Included

Section 811 Supportive Housing for Persons with Disabilities

Since this property was built or renovated using funding from HUD's current Section 811 Supportive Housing for Persons with Disabilities program or legacy Section 202 program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one adult member with a disability. 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.