Plaza del Sol Apartments is managed by Cabrillo Economic Development Corporation.
Plaza del Sol Apartments is a 70-unit housing community with 34 market units and 34 affordable units. Plaza del Sol offers 1,2,3,4, bedroom townhouse style units. Amenities include a swimming pool, recreational facilities, attached two-car garage; appliances include washer/dryer, & dishwasher. The community is located at a walking distance to the Civic Center, and conveniently close to commercial and retail shops, restaurants, and movie theaters. For more information and details and eligibility requirements please contact our rental office during normal business hours, Monday thru Friday from 8:00 a.m. to 5:00 p.m.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 750 | $805 |
Two Bedroom (2/2) | 972 | $962 |
Three Bedroom (3/3) | 1145 | $1,059 |
Four Bedroom (4/3) | 1242 | $1,128 |
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 Plaza del Sol 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.