| AMI* | 1 person | 2 person | 3 person | 4 person | 5 person | 6 person | 7 person | 8 person |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $46,500 / year | $53,150 / year | $59,800 / year | $66,400 / year | $71,750 / year | $77,050 / year | $82,350 / year | $87,650 / year |
| 50% AMI for PBRA Units | $46,500 / year | $53,150 / year | $59,800 / year | $66,400 / year | $71,750 / year | $77,050 / year | $82,350 / year | $87,650 / year |
| 60% AMI for LIHTC Units | $55,800 / year | $63,780 / year | $71,760 / year | $79,680 / year | $86,100 / year | $92,460 / year | $98,820 / year | $105,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Rancho Verde is a new construction multi-family rental development located in East Ventura. This development provides 1-, 2-, 3-, and 4-bedroom apartments for farmworker households earning between 30-50% Area Median Income. The site has 11 residential buildings, a stand-alone Community Building, common laundry facilities, and landscaped common area courtyards. Unit amenities include: open kitchens with solid surface countertops, new appliances (dishwasher, range, refrigerator), quality soft-close cabinets, spacious closets, SmartStrand carpet in bedrooms, full bath with tub and shower, quality wood-look flooring throughout the units, windows with wood-look blinds. The Community Building has a computer learning center, office space, a small kitchen, and a community/recreational room. The project is designed to LEED for Homes Platinum design standards and will incorporate a greywater system and an energy generation system sized to produce all residential energy needs onsite.
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