About This Property
Lakeview Terrace Apts consists of 60 units serving low-income families in Clearlake, California. The property includes 24 two-bedroom, 28 three-bedroom, and 8 four-bedroom units, with 59 designated as low-income housing. The community has been in service since 2005 and operates with 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Lake County, CA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $928 |
| 1 Bedroom | $964 |
| 2 Bedroom | $1,267 |
| 3 Bedroom | $1,785 |
| 4 Bedroom | $2,150 |
Income Limits - Lake County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,650
- Very Low (50%)
- $24,400
- Low (80%)
- $39,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,900
- Low (80%)
- $44,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,400
- Low (80%)
- $50,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,050
- Low (80%)
- $73,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,650 | $24,400 | $39,050 |
| 2 Persons | $17,420 | $27,900 | $44,600 |
| 3 Persons | $21,960 | $31,400 | $50,200 |
| 4 Persons | $26,500 | $34,850 | $55,750 |
| 5 Persons | $31,040 | $37,650 | $60,250 |
| 6 Persons | $35,580 | $40,450 | $64,700 |
| 7 Persons | $40,120 | $43,250 | $69,150 |
| 8 Persons | $44,660 | $46,050 | $73,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Clearlake, CA?+
The Fair Market Rent (FMR) for Lake County, CA is: $928 (Studio), $964 (1BR), $1267 (2BR), $1785 (3BR), $2150 (4BR). Actual rent at subsidized properties like Lakeview Terrace Apts is typically 30% of household income or less.
What size apartments are available at Lakeview Terrace Apts?+
Lakeview Terrace Apts offers the following unit types: 24 Two-Bedroom, 28 Three-Bedroom, 8 Four-Bedroom units, for a total of 60 units.
What is the price range for apartments in Clearlake, CA?+
Based on Fair Market Rent for Lake County, the estimated price range is: 2-bedroom: $1267, 3-bedroom: $1785. Actual rent at Lakeview Terrace Apts may be lower for income-eligible households.
Who is eligible to live at Lakeview Terrace Apts?+
Lakeview Terrace Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Lakeview Terrace Apts?+
Lakeview Terrace Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Lake County, CA?+
For a 4-person household in Lake County, CA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,850, Low Income (80% AMI): $55,750. These limits are set by HUD and updated annually.
Who manages Lakeview Terrace Apts?+
Lakeview Terrace Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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