About This Property
Los Banos Family Apts I comprises 105 units in Los Banos, California, with 103 designated as low-income housing. The property opened in 2008 and includes 16 one-bedroom, 40 two-bedroom, 40 three-bedroom, and 9 four-bedroom units designed to serve families. The development utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing.
Property Details
Fair Market Rent - Merced 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 | $994 |
| 1 Bedroom | $1,159 |
| 2 Bedroom | $1,420 |
| 3 Bedroom | $1,995 |
| 4 Bedroom | $2,410 |
Income Limits - Merced 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 Los Banos, CA?+
The Fair Market Rent (FMR) for Merced County, CA is: $994 (Studio), $1159 (1BR), $1420 (2BR), $1995 (3BR), $2410 (4BR). Actual rent at subsidized properties like Los Banos Family Apts I is typically 30% of household income or less.
What size apartments are available at Los Banos Family Apts I?+
Los Banos Family Apts I offers the following unit types: 16 One-Bedroom, 40 Two-Bedroom, 40 Three-Bedroom, 9 Four-Bedroom units, for a total of 105 units.
What are the income limits for affordable housing in Merced County, CA?+
For a 4-person household in Merced 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 Los Banos Family Apts I?+
Los Banos Family Apts I is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Los Banos Family Apts I?+
Los Banos Family Apts I primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Los Banos, CA?+
Based on Fair Market Rent for Merced County, the estimated price range is: 1-bedroom: $1159, 2-bedroom: $1420, 3-bedroom: $1995. Actual rent at Los Banos Family Apts I may be lower for income-eligible households.
How do I apply for housing at Los Banos Family Apts I?+
Los Banos Family Apts I 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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