Shingle Terrace Apartments is managed by The CBM Group, Inc..
Shingle Terrace Apartments is a wonderful family community that offers 2 and 3 bedroom apartments as well as 4 bedroom townhomes. We are conveniently located near public transportation, shopping, restaurants, schools and more. Our welcoming community has a playground, basketball court, community room and picnic area for our residents to enjoy. Call today for more information!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 842 | Call for Price |
Three Bedroom (3/2) | 1158 | Call for Price |
Four Bedroom Townhome (4/3) | 1360 | Call for Price |
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 Shingle Springs but actual income limits may differ for units at Shingle Terrace Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $37,550 | $42,900 | $48,250 | $53,600 | $57,900 | $62,200 | $66,500 | $70,800 |
Low Income (60%) | $45,060 | $51,480 | $57,900 | $64,320 | $69,480 | $74,640 | $79,800 | $84,960 |
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.