Bay Family Apts
22717 Bay Ave, Moreno Valley, CA 92553
31 2BR, 30 3BR
- Apartments
- 61
- Income-restricted
- 60
- Placed in service
- 2007
California
Tax credit apartments in Moreno Valley, CA
HUD's database lists 12 properties in Moreno Valley built or rehabbed with low-income housing tax credits: 1,074 apartments, 1,023 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 Listings come from HUD's database and may be out of date.
Casitas Del Valle
12318 Lamos Pl, Moreno Valley, CA 92557
4 1BR, 15 2BR, 17 3BR, 4 4BR
- Apartments
- 40
- Income-restricted
- 39
- Placed in service
- 2006
Cottonwood Place
24115 Cottonwood Avenue, Moreno Valley, CA 92553
55 3BR, 54 4BR
- Apartments
- 109
- Income-restricted
- 108
- Placed in service
- 2016
Cottonwood Place II
24115 Cottonwood Ave, Moreno Valley, CA 92553
61 3BR
- Apartments
- 61
- Income-restricted
- 60
- Placed in service
- 2005
Cottonwood Place III
24115 Cottonwood Ave, Moreno Valley, CA 92553
12 2BR, 46 3BR
- Apartments
- 58
- Income-restricted
- 57
- Placed in service
- 2006
Cottonwood Place IV
24115 Cottonwood Ave, Moreno Valley, CA 92553
11 2BR, 34 3BR
- Apartments
- 45
- Income-restricted
- 45
- Placed in service
- 2007
Courtyards At Cottonwood
24520-24580 Cottonwood Ave, Moreno Valley, CA 92553
24 1BR, 29 2BR, 28 3BR
- Apartments
- 81
- Income-restricted
- 80
- Placed in service
- 2022
Courtyards At Cottonwood II
24580 Cottonwood Ave, Moreno Valley, CA 92553
16 2BR, 12 3BR, 4 4BR
- Apartments
- 32
- Income-restricted
- 32
- Placed in service
- 2024
Hemlock Family Apts
24889 Hemlock Ave, Moreno Valley, CA 92557
53 2BR, 25 3BR
- Apartments
- 78
- Income-restricted
- 77
- Placed in service
- 2012
Oakwood Apts
15170 Perris Blvd, Moreno Valley, CA 92551
80 2BR, 93 3BR, 68 4BR
- Apartments
- 241
- Income-restricted
- 239
- Placed in service
- 2010
Perris Isle Senior Housing
12960 Perris Blvd, Moreno Valley, CA 92553
HUD lists it as senior housing · 120 1BR, 30 2BR
- Apartments
- 189
- Income-restricted
- 148
- Placed in service
- 2008
Rancho Dorado Family Apts II
25105 John F Kennedy Dr, Moreno Valley, CA 92551
54 2BR, 25 3BR
- Apartments
- 79
- Income-restricted
- 78
- Placed in service
- 2010
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.