California

Tax credit apartments in Folsom, CA

HUD's database lists 10 properties in Folsom built or rehabbed with low-income housing tax credits: 1,087 apartments, 1,039 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 Listings come from HUD's database and may be out of date.

Bidwell Place Apartments

425 E. Bidwell Street, Folsom, CA 95630

9 studio, 39 1BR, 27 2BR

Apartments
75
Income-restricted
74
Placed in service
2023

Bidwell Pointe

125 E. Bidwell Street, Folsom, CA 95630

74 1BR, 58 2BR, 8 3BR

Apartments
140
Income-restricted
100
Placed in service
2019

Creekview Manor

1720 Creekside Dr, Folsom, CA 95630

HUD lists it as senior housing · 128 1BR, 10 2BR

Apartments
138
Income-restricted
137
Placed in service
2007

Forestwood At Folsom Family Apts

9483 Greenback Ln, Folsom, CA 95630

18 1BR, 20 2BR, 17 3BR

Apartments
54
Income-restricted
54
Placed in service
2012

Granite City Apts

1150 Sibley St, Folsom, CA 95630

30 1BR, 33 2BR, 18 3BR

Apartments
80
Income-restricted
80
Placed in service
2013

Mangini Place Apartments

14776 Mangini Parkway, Folsom, CA 95630

89 1BR, 24 2BR, 39 3BR

Apartments
152
Income-restricted
150
Placed in service
2024

Mercy Village Folsom

1150 Duchow Way, Folsom, CA 95630

8 studio, 14 1BR, 59 2BR

Apartments
81
Income-restricted
80
Placed in service
2008

Peterson Place (Fka The Parkway Apartments)

1105 Blue Ravine Road, Folsom, CA 95630

18 1BR, 36 2BR, 18 3BR

Apartments
72
Income-restricted
71
Placed in service
2021

Sage At Folsom

75 Scholar Way, Folsom, CA 95630

110 1BR, 1 2BR

Apartments
111
Income-restricted
110
Placed in service
2023

Vintage Willow Creek Senior Apts

1701 Creekside Dr, Folsom, CA 95630

HUD lists it as senior housing · 104 1BR, 80 2BR

Apartments
184
Income-restricted
183
Placed in service
2003

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.