Waterford Gardens

12313 Dorsey St, Waterford, California 95386

Contact Waterford Gardens

Welcome to Waterford Gardens offering one and two bedroom apartments! Conveniently located near a bus stop, shopping, schools and other services, our property has excellent amenities including a community room with a kitchen, a computer room, a laundry facility and a playground. Your apartment will include energy efficient appliances along with air conditioning and heating.

Eligibility for Waterford Gardens

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 Waterford but actual income limits may differ for units at Waterford Gardens.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
50%	$29,550	$33,800	$38,000	$42,200	$45,600	$49,000	$52,350	$55,750

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 Waterford but actual income limits may differ for units at Waterford Gardens.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$29,550	$33,800	$38,000	$42,200	$45,600	$49,000	$52,350	$55,750
Low Income (60%)	$35,460	$40,560	$45,600	$50,640	$54,720	$58,800	$62,820	$66,900

Waterford Gardens Details

51 bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Playground
Community Room
On-Site Manager
On-Site Maintenance
Computer Room
Laundry Facility
Community Kitchen

Unit Amenities

Air Conditioning
Garbage Disposal
Refrigerator
Stove
Heat and Air

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 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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.