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Affordable Housing at Solterra in El Cajon, CA: LIHTC-Backed Rental Apartments Overview: - Solterra offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program - These rental apartments are designed to cater to individuals seeking affordable housing - The program enforces income and rent restrictions to ensure accessibility for low-income individuals Rent Affordability: - Rent charges are determined based on the Area Median Income (AMI) - Due to AMI limitations, the apartment may still be unaffordable for some low-income residents - It is recommended to check the current rental rates to assess affordability Apartment Details: - Solterra consists of 48 one and two bedroom apartments - Given the high demand, waiting lists for apartments are common in modern times - Details to contact Solterra directly for an application and qualification process will be provided below Contact Information: - For more information and application details, please call the provided number Key Considerations: 1. Income Verification: - All adults expected to reside at the apartment must include and verify their income during the application process - This step ensures compliance with the LIHTC program regulations 2. Unit Availability: - Solterra offers both one and two bedroom apartments - Availability might vary, and it is recommended to inquire about current availability By considering these factors, you can determine if Solterra is the right fit for your affordable housing needs.
131-155 Chambers Street, El Cajon, CA 92020
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