Planning Department
Welcome to the City of Elk Grove's Affordable Housing website.
We recognize the challenge of finding affordably priced housing, whether rental or for sale, in the City of Elk Grove. The purpose of this site is to serve as a resource to the community, providing information on affordable housing located within our City.
Rentals
A variety of multifamily rental complexes designed to serve low income residents have been built in the City of Elk Grove. The federal government offers developers tax incentives to build rental units affordable to low income people. A number of complexes built since Elk Grove became a city in 2000 have been partially funded by the Affordable Housing Fund fee program.
The complexes listed on this website maintain a certain percentage of rental units at affordable rates for occupancy by low-income families. The site provides a locator map and contact information for each rental complex. Contact each complex directly for up to date vacancy and rental information.
Note: Some of the projects have modified units with handicapped accessibility.
| Year | Project Name | Unit # Affordable | Financial Assistance | Subsidy Per Affordable Unit |
| 2002 | Terracina Park Meadows | 116 | $1,996,476 | $17,211 |
| 2003 | Agave | 187 | $2,845,356 | $15,216 |
| 2003 | Geneva Point | 152 | $2,400,493 | $15,793 |
| 2003 | Vintage at Laguna | 157 | $2,036,572 | $12,972 |
| 2005 | The Crossing at Elk Grove | 115 | $8,959,930 | $77,912 |
| 2005 | Stoneridge | 95 | $8,054,620 | $84,785 |
| 2006 | Waterman Square* | 83 | $7,460,000 | $89,880 |
| 2007 | Montego Falls* | 131 | $4,150,000 | $31,679 |
| 2007 | Seasons* | 221 | $9,100,000 | $41,176 |
| TOTAL | 1257 | $47,003,447 | ||
| Note: *projects under construction; Average subsidy per unit $42,958 | ||||
Sale
The City of Elk Grove is no longer accepting applications for the “For Sale” Affordable Homeownership Program. We are compiling an interest list of people who would like to be contacted in the event that more units become available. On average, two to three units per year are available through the program. To enter your information, please click here.
Sacramento County Median Incomes
As of 2008
% of Area Media Income |
Maximum Annual Income by household size | |||||||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
|
Extremely Low |
$14,900 |
$17,050 |
$19,150 |
$21,300 |
$23,000 |
$24,700 |
$26,400 |
$28,100 |
Very Low |
$24,850 |
$28,400 |
$31,950 |
$35,500 |
$38,350 |
$41,200 |
$44,000 |
$46,850 |
Low |
$39,750 |
$45,450 |
$51,100 |
$56,800 |
$61,350 |
$65,900 |
$70,450 |
$75,000 |
Median |
$49,700 |
$56,800 |
$63,900 |
$71,000 |
$76,700 |
$82,400 |
$88,000 |
$93,700 |
Above |
$59,600 |
$68,200 |
$76,700 |
$85,200 |
$92,000 |
$98,800 |
$105,600 |
$112,500 |
For more information regarding this program, please call 916-478-2254.
Also, the City of Elk Grove has partnered with NeighborWorks HomeOwnership Center Sacramento Region; a Housing and Urban Development (HUD) approved nonprofit housing counseling organization.
Last updated: 8/21/09 12:25 PM
