Neary Lagoon Cooperative Santa Cruz

About This Building

Title: Affordable Housing in Neary Lagoon Cooperative, Santa Cruz, CA 1. Overview: Neary Lagoon Cooperative Santa Cruz offers Low-Income Housing Tax Credit apartments, providing an affordable housing option for individuals and families in Santa Cruz, CA. 2. Rental Program: These rental apartments benefit from LIHTC, a program that incentivizes builders and developers to offer housing options for low-income individuals. The rent is determined based on the Area Median Income (AMI) of the district, making it accessible to those with limited resources. 3. Affordability Considerations: Due to the AMI-based pricing, Neary Lagoon Cooperative apartments remain affordable for low-income individuals seeking housing options in the area. Prospective tenants are advised to check the current rental prices to determine their affordability. 4. Apartment Details: With a total of 95 low-income apartments, there may be waiting lists for availability. To inquire about applying and qualifying for residence, interested parties can directly contact the cooperative via the given phone number. 5. Updated Information: As availability and listing details may change, it is recommended to confirm the apartment's low-income status and phone number accuracy. If there are any discrepancies, individuals can reach out to Neary Lagoon Cooperative through the provided online form. 6. Income Verification: To apply for residence, the incomes of all adults expected to reside in the apartment must be included and verified during the application process. More details regarding income requirements can be obtained by calling the cooperative directly.