About This Property
Nevada Woods Apartments contains 78 units in Grass Valley, including 77 affordable units designated for low-income families. The property offers a mix of one-, two-, and three-bedroom units and has been in service since 2015. It is owned by a non-profit organization and financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Nevada 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 | $1,209 |
| 1 Bedroom | $1,217 |
| 2 Bedroom | $1,596 |
| 3 Bedroom | $2,249 |
| 4 Bedroom | $2,708 |
Income Limits - Nevada County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,900
- Very Low (50%)
- $31,450
- Low (80%)
- $50,300
- Extremely Low (30%)
- $21,600
- Very Low (50%)
- $35,950
- Low (80%)
- $57,500
- Extremely Low (30%)
- $24,300
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $26,950
- Very Low (50%)
- $44,900
- Low (80%)
- $71,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,500
- Low (80%)
- $77,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $52,100
- Low (80%)
- $83,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,700
- Low (80%)
- $89,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,300
- Low (80%)
- $94,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,900 | $31,450 | $50,300 |
| 2 Persons | $21,600 | $35,950 | $57,500 |
| 3 Persons | $24,300 | $40,450 | $64,700 |
| 4 Persons | $26,950 | $44,900 | $71,850 |
| 5 Persons | $31,040 | $48,500 | $77,600 |
| 6 Persons | $35,580 | $52,100 | $83,350 |
| 7 Persons | $40,120 | $55,700 | $89,100 |
| 8 Persons | $44,660 | $59,300 | $94,850 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Grass Valley, CA?+
The Fair Market Rent (FMR) for Nevada County, CA is: $1209 (Studio), $1217 (1BR), $1596 (2BR), $2249 (3BR), $2708 (4BR). Actual rent at subsidized properties like Nevada Woods Apartments is typically 30% of household income or less.
What size apartments are available at Nevada Woods Apartments?+
Nevada Woods Apartments offers the following unit types: 18 One-Bedroom, 30 Two-Bedroom, 30 Three-Bedroom units, for a total of 78 units.
What are the income limits for affordable housing in Nevada County, CA?+
For a 4-person household in Nevada County, CA, the income limits are: Extremely Low Income (30% AMI): $26,950, Very Low Income (50% AMI): $44,900, Low Income (80% AMI): $71,850. These limits are set by HUD and updated annually.
Who manages Nevada Woods Apartments?+
Nevada Woods Apartments is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Nevada Woods Apartments?+
Nevada Woods Apartments 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 Grass Valley, CA?+
Based on Fair Market Rent for Nevada County, the estimated price range is: 1-bedroom: $1217, 2-bedroom: $1596, 3-bedroom: $2249. Actual rent at Nevada Woods Apartments may be lower for income-eligible households.
How do I apply for housing at Nevada Woods Apartments?+
Nevada Woods Apartments 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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