Benito Affordable
425 Benito St, Soledad, California 93960
Contact Benito Affordable
Benito Affordable is managed by The John Stewart Company.
Benito Street Affordable Housing Community is located in Soledad, California and is owned by Monterey County HA Development Corporation. This Low Income Housing (LIH) project has been in service since 2008 and has a total of 71 low income units.
Waiting List is Open Until Further Notice
Some units at this property are available through Housing Authority of the County of Monterey's South County Section 8 Project-Based Voucher Waiting List. Learn how to apply to this waiting list here.Eligibility for Benito Affordable
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 Soledad but actual income limits may differ for units at Benito Affordable.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $42,150 | $48,200 | $54,200 | $60,200 | $65,050 | $69,850 | $74,650 | $79,500 |
| Low Income (60%) | $50,580 | $57,840 | $65,040 | $72,240 | $78,060 | $83,820 | $89,580 | $95,400 |
Benito Affordable Details
- 73 bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
- Section 521 USDA Rental 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.
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.
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