Coronado Terrace San Diego

About This Building

Affordable Housing at Coronado Terrace in San Diego Overview: Coronado Terrace in San Diego, California, offers Low-Income Housing Tax Credit (LIHTC) apartments for individuals seeking affordable housing options. Supported by the LIHTC program, these rental apartments have rent and income restrictions applicable to eligible residents. Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to provide housing options for low-income individuals. This helps ensure that maximum rent charged is based on the Area Median Income (AMI), making housing more affordable for those in need. However, the AMI may still pose affordability challenges for some low-income individuals. Current Rental Rates: As rental rates may vary, it is essential to check the current rates to determine if Coronado Terrace fits within your budget. While there are 310 low income apartments available at this location, waiting lists are common. Contact the provided number directly to inquire about availability and eligibility. Applying for LIHTC Apartments: To apply and qualify for residency at Coronado Terrace, all adults expected to reside in the apartment must include and verify their income at the time of application. Call for additional details regarding the application process. Apartment Options: Coronado Terrace offers both 2-bedroom and 3-bedroom apartments, providing flexibility to accommodate your specific needs. Note: Understanding the benefits of LIHTC units for rent can assist you in finding affordable housing solutions in San Diego.