CITY OF SIMI VALLEY
MEMORANDUM
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eptember 8, 2025
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O: City Council
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ROM: Department of Environmental Services
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UBJECT: ADOPTION OF A RESOLUTION APPROVING THE AMENDED AND RESTATED AFFORDABLE HOUSING AGREEMENT (AHA- 2025-0001)
BETWEEN THE CITY OF SIMI VALLEY AND SIMI VINTAGE SYCAMORE 650, L.P. FOR THE VINTAGE AT SYCAMORE SENIOR APARTMENTS LOCATED AT 1698 SYCAMORE DRIVE
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ubsequent to the preparation of this staff report, City Council Member Litster inquired about how the rent for the Tax Credit units at Vintage at Sycamore Apartments is calculated. Attached are the California Tax Credit Allocation Committee income and rent limits for 2025.
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Stratis Perros,
Environmental Services Director
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repared by: Daniel Franco, Management Analyst
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ttachments:
Ca
lifornia Tax Credit Allocation Committee – 2025 Income Limits California Tax Credit Allocation Committee – 2025 Rent Limits
SUPPLEMENTAL
AGENDA ITEM NO.
8B
Per HUD Notice
(2019 V2) Effective: April 1, 2025 2025
One Two Three Four Five Six Seven Eight
County Person Person Person Person Person Person Person Person
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Maximum Income Levels
For Projects that Place in Service from January 1, 2009, to March 31, 2025 80% Income Level $56,960 $65,040 $73,200 $81,280 $87,840 $94,320 $100,800 $107,360 70% Income Level $49,840 $56,910 $64,050 $71,120 $76,860 $82,530 $88,200 $93,940 60% Income Level $42,720 $48,780 $54,900 $60,960 $65,880 $70,740 $75,600 $80,520 55% Income Level $39,160 $44,715 $50,325 $55,880 $60,390 $64,845 $69,300 $73,810 50% Income Level $35,600 $40,650 $45,750 $50,800 $54,900 $58,950 $63,000 $67,100 45% Income Level $32,040 $36,585 $41,175 $45,720 $49,410 $53,055 $56,700 $60,390 40% Income Level $28,480 $32,520 $36,600 $40,640 $43,920 $47,160 $50,400 $53,680 35% Income Level $24,920 $28,455 $32,025 $35,560 $38,430 $41,265 $44,100 $46,970 30% Income Level $21,360 $24,390 $27,450 $30,480 $32,940 $35,370 $37,800 $40,260 20% Income Level $14,240 $16,260 $18,300 $20,320 $21,960 $23,580 $25,200 $26,840
VENTURA
100% Income Level $104,800 $119,800 $134,800 $149,700 $161,700 $173,700 $185,700 $197,700 80% Income Level $83,840 $95,840 $107,840 $119,760 $129,360 $138,960 $148,560 $158,160 70% Income Level $73,360 $83,860 $94,360 $104,790 $113,190 $121,590 $129,990 $138,390 60% Income Level $62,880 $71,880 $80,880 $89,820 $97,020 $104,220 $111,420 $118,620 55% Income Level $57,640 $65,890 $74,140 $82,335 $88,935 $95,535 $102,135 $108,735 50% Income Level $52,400 $59,900 $67,400 $74,850 $80,850 $86,850 $92,850 $98,850 45% Income Level $47,160 $53,910 $60,660 $67,365 $72,765 $78,165 $83,565 $88,965 40% Income Level $41,920 $47,920 $53,920 $59,880 $64,680 $69,480 $74,280 $79,080 35% Income Level $36,680 $41,930 $47,180 $52,395 $56,595 $60,795 $64,995 $69,195 30% Income Level $31,440 $35,940 $40,440 $44,910 $48,510 $52,110 $55,710 $59,310 20% Income Level $20,960 $23,960 $26,960 $29,940 $32,340 $34,740 $37,140 $39,540 YOLO
100% Income Level $88,200 $100,800 $113,300 $125,900 $136,000 $146,100 $156,200 $166,200 80% Income Level $70,560 $80,640 $90,640 $100,720 $108,800 $116,880 $124,960 $132,960 70% Income Level $61,740 $70,560 $79,310 $88,130 $95,200 $102,270 $109,340 $116,340 60% Income Level $52,920 $60,480 $67,980 $75,540 $81,600 $87,660 $93,720 $99,720 55% Income Level $48,510 $55,440 $62,315 $69,245 $74,800 $80,355 $85,910 $91,410 50% Income Level $44,100 $50,400 $56,650 $62,950 $68,000 $73,050 $78,100 $83,100 45% Income Level $39,690 $45,360 $50,985 $56,655 $61,200 $65,745 $70,290 $74,790 40% Income Level $35,280 $40,320 $45,320 $50,360 $54,400 $58,440 $62,480 $66,480 35% Income Level $30,870 $35,280 $39,655 $44,065 $47,600 $51,135 $54,670 $58,170 30% Income Level $26,460 $30,240 $33,990 $37,770 $40,800 $43,830 $46,860 $49,860 20% Income Level $17,640 $20,160 $22,660 $25,180 $27,200 $29,220 $31,240 $33,240 YUBA
100% Income Level $67,200 $76,800 $86,400 $96,000 $103,700 $111,400 $119,000 $126,800 80% Income Level $53,760 $61,440 $69,120 $76,800 $82,960 $89,120 $95,200 $101,440 70% Income Level $47,040 $53,760 $60,480 $67,200 $72,590 $77,980 $83,300 $88,760 60% Income Level $40,320 $46,080 $51,840 $57,600 $62,220 $66,840 $71,400 $76,080 55% Income Level $36,960 $42,240 $47,520 $52,800 $57,035 $61,270 $65,450 $69,740 50% Income Level $33,600 $38,400 $43,200 $48,000 $51,850 $55,700 $59,500 $63,400 45% Income Level $30,240 $34,560 $38,880 $43,200 $46,665 $50,130 $53,550 $57,060 40% Income Level $26,880 $30,720 $34,560 $38,400 $41,480 $44,560 $47,600 $50,720 35% Income Level $23,520 $26,880 $30,240 $33,600 $36,295 $38,990 $41,650 $44,380 30% Income Level $20,160 $23,040 $25,920 $28,800 $31,110 $33,420 $35,700 $38,040 20% Income Level $13,440 $15,360 $17,280 $19,200 $20,740 $22,280 $23,800 $25,360 Income Levels are based on those issued by HUD on April 1, 2025. http://www.huduser.org/portal/datasets/il.html
2 Per HUD Notice
(2019 V2) Effective: April 1, 2025 2025
County Efficiency 1 BR 2 BR 3 BR 4 BR 5 BR
For Projects Placed in Service from 1/1/09 to 3/31/25
CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE
Maximum Mulit-Family Tax Subsidy (MTSP) Rents
for Low Income Housing Tax Credit (LIHTC) Projects
TUOLUMNE
100% Income Level $1,780 $1,906 $2,286 $2,642 $2,946 $3,252 80% Income Level $1,424 $1,525 $1,830 $2,114 $2,358 $2,602 70% Income Level $1,246 $1,334 $1,601 $1,849 $2,063 $2,276 60% Income Level $1,068 $1,143 $1,372 $1,585 $1,768 $1,951 55% Income Level $979 $1,048 $1,258 $1,453 $1,621 $1,788 50% Income Level $890 $953 $1,143 $1,321 $1,473 $1,626
45% Income Level $801 $857 $1,029 $1,189 $1,326 $1,463
40% Income Level $712 $762 $915 $1,057 $1,179 $1,301
35% Income Level $623 $667 $800 $924 $1,031 $1,138
30% Income Level $534 $571 $686 $792 $884 $975
20% Income Level $356 $381 $457 $528 $589 $650
VENTURA
100% Income Level $2,620 $2,806 $3,370 $3,892 $4,342 $4,792 80% Income Level $2,096 $2,246 $2,696 $3,114 $3,474 $3,834 70% Income Level $1,834 $1,965 $2,359 $2,724 $3,039 $3,354 60% Income Level $1,572 $1,684 $2,022 $2,335 $2,605 $2,875 55% Income Level $1,441 $1,544 $1,853 $2,140 $2,388 $2,635 50% Income Level $1,310 $1,403 $1,685 $1,946 $2,171 $2,396 45% Income Level $1,179 $1,263 $1,516 $1,751 $1,954 $2,156 40% Income Level $1,048 $1,123 $1,348 $1,557 $1,737 $1,917 35% Income Level $917 $982 $1,179 $1,362 $1,519 $1,677
30% Income Level $786 $842 $1,011 $1,167 $1,302 $1,437
20% Income Level $524 $561 $674 $778 $868 $958
YOLO
100% Income Level $2,204 $2,362 $2,832 $3,272 $3,652 $4,030 80% Income Level $1,764 $1,890 $2,266 $2,619 $2,922 $3,224 70% Income Level $1,543 $1,653 $1,982 $2,291 $2,556 $2,821 60% Income Level $1,323 $1,417 $1,699 $1,964 $2,191 $2,418 55% Income Level $1,212 $1,299 $1,557 $1,800 $2,008 $2,216 50% Income Level $1,102 $1,181 $1,416 $1,636 $1,826 $2,015 45% Income Level $992 $1,063 $1,274 $1,473 $1,643 $1,813 40% Income Level $882 $945 $1,133 $1,309 $1,461 $1,612
35% Income Level $771 $826 $991 $1,145 $1,278 $1,410
30% Income Level $661 $708 $849 $982 $1,095 $1,209
20% Income Level $441 $472 $566 $654 $730 $806
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