Noho Senior Villas

5539 Klump Ave, Valley Village, California 91601

NoHo Senior Villas is a senior community in the North Hollywood Arts District. The site is in close walking distance to the Metro Red Line subway, Metro Orange Line bus way, and a variety of restaurants, shops, and other amenities. NoHo Senior Villas is a beautiful, newly constructed five-story building designed to meet Leadership in Energy and Environmental Design Platinum standards. The ground floor features a landscaped courtyard, a lobby, conference room and a community room furnished with a public kitchen, two computer stations, and a TV lounge. Offices are dedicated for on-site resident service coordinators, case managers and property management. The roof features a landscape deck, patio furniture, community edible garden, and a laundry room. The ground floor courtyard offers a shade tree, patio furniture and a fountain. An on-grade, gated and covered parking lot is located away from the street in the rear of the building and offers 24 regular and two handicapped parking spaces, as well as several bike racks.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	550	Call for Price

Eligibility for Noho Senior Villas

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 Valley Village but actual income limits may differ for units at Noho Senior Villas.

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

Noho Senior Villas Details

49 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Elevator
Clubhouse
On-Site Manager
Laundry Facilities
Smoke Free
High Speed Internet Access
Wheel Chair Accessible

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.