Adagio Apts
15117 Olympic Dr, Clearlake, CA 95422
20 2BR, 27 3BR, 8 4BR
- Apartments
- 55
- Income-restricted
- 54
- Placed in service
- 2007
California
Tax credit apartments in Clearlake, CA
HUD's database lists 13 properties in Clearlake built or rehabbed with low-income housing tax credits: 778 apartments, 770 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.
Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.
LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.
Austin Manor Apts
14900 Burns Valley Rd, Clearlake, CA 95422
HUD lists it as senior housing · 21 1BR, 1 2BR
- Apartments
- 22
- Income-restricted
- 22
- Placed in service
- 1993
Autumn Village Apartments
14930 Burns Valley Road, Clearlake, CA 95422
HUD lists it as senior housing · 40 1BR
- Apartments
- 40
- Income-restricted
- 40
- Placed in service
- 2014
Cache Creek Apts Homes
16080 Dam Rd, Clearlake, CA 95422
24 2BR, 50 3BR, 6 4BR
- Apartments
- 80
- Income-restricted
- 79
- Placed in service
- 2003
Clearlake Apts
7145 Old Hwy 53, Clearlake, CA 95422
32 1BR, 36 2BR, 4 3BR
- Apartments
- 72
- Income-restricted
- 71
- Placed in service
- 2006
Clearlake Burns Valley Road
14795 Burns Valley Road, Clearlake, CA 95422
20 1BR, 36 2BR, 18 3BR, 6 4BR
- Apartments
- 80
- Income-restricted
- 79
- Placed in service
- 2023
Clearlake Village
15160 Austin Dr, Clearlake, CA 95422
- Apartments
- 35
- Income-restricted
- 35
- Placed in service
- 1990
Konocti Garden
3930 Old Highway 53,, Clearlake, CA 95422
16 1BR, 52 2BR, 34 3BR
- Apartments
- 102
- Income-restricted
- 102
- Placed in service
- 2024
Lakeview Terrace Apts
7055 Old Hwy 53, Clearlake, CA 95422
24 2BR, 28 3BR, 8 4BR
- Apartments
- 60
- Income-restricted
- 59
- Placed in service
- 2005
Olympic Villa Apts
14580 Olympic Dr, Clearlake, CA 95422
HUD lists it as senior housing
- Apartments
- 27
- Income-restricted
- 27
- Placed in service
- 1988
Olympic Village
15097 Olympic Dr, Clearlake, CA 95422
HUD lists it as senior housing · 44 1BR, 10 2BR
- Apartments
- 54
- Income-restricted
- 53
- Placed in service
- 2008
Ridge Lake Apts
3800 Old Hwy 53, Clearlake, CA 95422
40 1BR, 49 2BR, 2 3BR
- Apartments
- 91
- Income-restricted
- 90
- Placed in service
- 2008
Walnut Grove Senior Apts
3155 Smith Ln, Clearlake, CA 95422
HUD lists it as senior housing · 48 1BR, 12 2BR
- Apartments
- 60
- Income-restricted
- 59
- Placed in service
- 2004
Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.
How tax credit apartments work
Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.
To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.
You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.