Las Serenas Apartments is managed by USA Properties Fund.
When you come home to Las Serenas Apartments, you'll be amazed at how wonderful affordable living can be. Las Serenas is a friendly neighborhood community created exclusively for adults, 62 years plus, who desire a secure convenient place to call home. Ideally located within walking distance from shopping, entertainment, banking and public transportation, Las Serenas features wonderful one and two bedroom apartment homes, each equipped with alarm and fire safety systems for your protection. Plus, Las Serenas is situated near Simi Valley Freeway 118, medical facilities, a golf course, and Simi Valley Senior Center and Civic Center. A complete calendar of resident social activities will keep you busy enjoying pot lucks, crafting, and game nights to mention only a few. Take a swim in the pool, enjoy our relaxing fountain area or just visit with your neighbors in the private clubhouse. No matter what you do , we know one thing for sure, you'll be glad you chose Las Serenas Apartments.
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 Simi Valley but actual income limits may differ for units at Las Serenas Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $46,500 | $53,150 | $59,800 | $66,400 | $71,750 | $77,050 | $82,350 | $87,650 |
Low Income (60%) | $55,800 | $63,780 | $71,760 | $79,680 | $86,100 | $92,460 | $98,820 | $105,180 |
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.