Schillo Gardens Thousand Oaks

About This Building

Affordable Housing Option in Schillo Gardens Thousand Oaks, CA Introduction: Schillo Gardens Thousand Oaks offers Low-Income Housing Tax Credit apartments, ensuring affordable housing for residents in Thousand Oaks, CA. Program Details: Supported by the LIHTC, these rental apartments come with specific rent and income restrictions, making them an ideal choice for low-income individuals or families seeking affordable housing. Incentivizing Affordable Housing: The LIHTC program provides incentives to builders and developers to create housing options for low-income individuals, ensuring that everyone has access to decent and affordable homes. Rent Based on AMI: To maintain affordability, the maximum rent for these apartments is determined by the Area Median Income (AMI). It's important to note that the AMI may make it unaffordable for some low-income individuals to live here. Check Rental Rates: Before considering these apartments, it is recommended to check the current rental rates to determine if they align with your budget and income level. 29 Low-Income Apartments Available: Schillo Gardens Thousand Oaks includes 29 low-income apartments, offering a range of housing options to meet the diverse needs of the community. Waiting Lists: As is common for affordable housing, there may be waiting lists for these apartments. We provide this listing to help you directly contact the management and inquire about availability and eligibility to reside here. TIP: Understanding LIHTC: Familiarize yourself with the Low Income Tax Credit (LIHTC) units available for rent, as income from all adult residents is required to be included and verified during the application process. For more information, call today.