Valley View Homes

1625 San Carlos Street., Selma, California 93662

Contact Valley View Homes

Innovative design and sustainable building methods are hallmarks of the development. The environmentally conscious design and building methods are captured/detailed/highlighted by the various State/National Green Certification Programs the development has received. The development received its certificate of occupancy in February 2016 and was 100% leased by March 2016.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/1)	-	Call for Price
Four Bedroom (4/2)	-	Call for Price

Eligibility for Valley View Homes

Valley View Homes Details

48 two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance
Section 538 Guaranteed Rural Rental Housing
Section 514/516 Farm Labor Housing

Property Amenities

Tot Lot
BBQ and Picnic Area
Computer Lab
Community Room
On-Site Manager
Energy Efficient Design

Unit Amenities

Garbage Disposal
Refrigerator
Oven and Range
Central Heat & Air
Energy Efficient Appliances

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.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

Section 514/516 Farm Labor Housing

Section 514/516 direct loan and grant programs provide funds to support the development of adequate, affordable housing for farmworkers that is unlikely to be provided through other means.