Town Meadows

115 W Murray Ave, Visalia, California 93291

Contact Town Meadows

Town Meadows is a 100-unit, Section 8/Tax Credit community located in Visalia, CA for people with a 62+ head of household. The property is currently accepting applications for the waiting list.

Acquired by Thomas Safran and Associates in August 2018, the property will undergo extensive renovations to be completed in 2020. The renovation will include upgrades to the resident apartments and community areas. Residents will enjoy access to a fully remodeled community room equipped with a full kitchen, spacious seating areas, a computer lounge, TV screening room, and a pool table. Other upgrades will include new laundry facilities, a fitness room, renovated outdoor BBQ area and playground, and resident gardens all surrounded with lush landscaping.

The property offers one bedroom units, on-site management and daily maintenance personnel. Resident services include monthly parties, morning socials, fitness classes, holiday events, and more. Town Meadows is conveniently located in downtown Visalia near public transportation, restaurants, and shopping.

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

Eligibility for Town Meadows

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Visalia but actual income limits may differ for units at Town Meadows.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$17,350	$19,800	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$28,900	$33,000	$37,150	$41,250	$44,550	$47,850	$51,150	$54,450
80%	$46,200	$52,800	$59,400	$65,950	$71,250	$76,550	$81,800	$87,100

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 Visalia but actual income limits may differ for units at Town Meadows.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$28,900	$33,000	$37,150	$41,250	$44,550	$47,850	$51,150	$54,450

Town Meadows Details

100 one bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Voucher (PBV)
Section 221 (d) (3)

Property Amenities

Fitness Center
Playground
BBQ and Picnic Area
Computer Lab
Community Room
Landscaping
Community Garden

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this 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.

Images of Town Meadows

Nearby Low Income Apartment Communities like Town Meadows

Highland Gardens

2423 N. Highland St

Visalia, California

Rent Assisted

HOME

Call For Rent

2-3 BR

Contact Now