San Diego, California · San Diego County
Canyon Rim Apartments
Canyon Rim Apartments is a low-income housing tax credit (Section 42) property at 10931 Gerana St, San Diego, CA 92129 with 353 income-restricted apartments out of 504, placed in service in 2001. In 2026 a household of four qualifies for a 60% unit here with income up to $104,940, and a 60% two-bedroom can charge at most $2,362 a month in gross rent.
HUD lists it as "CANYON RIM APTS".
Equal housing opportunity. Fair Housing Act protections apply, and tax credit properties can't turn down a Housing Choice voucher. Report discrimination to HUD at 1‑800‑669‑9777. LIHTC Atlas doesn't own, manage or rent these apartments.
Full fair housing notice
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 Listings come from HUD's database and may be out of date.
Property facts
- Address
- 10931 Gerana St, San Diego, CA 92129 (map)
- County
- San Diego County
- Apartments
- 504
- Income-restricted apartments
- 353
- Bedrooms
- 440 two-bedrooms, 64 three-bedrooms
- Placed in service
- 2001
- Credits allocated
- 2000
- Construction
- Acquisition and rehab
- Credit type
- 4% (30% present value credit)
- Tax-exempt bond financing
- Yes
- Nonprofit sponsor
- No
- Census tract (2020)
- 06073017035
- HUD project ID
- CAA20010080
Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024), as the state allocating agency reported it. HUD lists the property as still monitored for compliance. Contact the property's management for current rents, availability and income rules.
2026 income limits and rents in San Diego County
To rent an income-restricted apartment here in 2026, a household's income has to be at or under the unit's limit: $73,500 for one person or $104,940 for four at 60% of area median, $61,250 or $87,450 at 50%. HUD's FY2026 median family income for the area (San Diego-Chula Vista-Carlsbad, CA MSA) is $130,900.
HUD's record lists the property's elected income test as 60% of area median (the 40/60 test).
Income limits by household size, 2026
| Level | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI | $61,250 | $70,000 | $78,750 | $87,450 |
| 60% AMI | $73,500 | $84,000 | $94,500 | $104,940 |
Maximum gross monthly rent by unit size, 2026
| Level | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| 50% AMI | $1,531 | $1,640 | $1,968 | $2,273 | $2,536 |
| 60% AMI | $1,837 | $1,968 | $2,362 | $2,728 | $3,043 |
Source: HUD FY2026 MTSP income limits (files dated March 27, 2026). Rents are ceilings, gross of the utility allowance for tenant-paid utilities, computed by the IRS Publication 5913 method (30% of the limit for 1 person in a studio or 1.5 people per bedroom, over 12, rounded down); the rent the property charges can be lower. A project's limits can't fall below those of earlier years (IRC 142(d)(2)(E)), so a property already in service may use higher figures. All 2026 limits for San Diego County, every level from 20% to 80%.
How long the units stay affordable
15-year compliance period: 2001 to about 2015. It starts with the first year of the credit period, which is the year the building was placed in service or, if the owner elects, the next year, so it can run a year later, through 2016 (IRC 42(f)(1), 42(i)(1)). It has ended.
Extended use: 2030 at the earliest. The extended use agreement keeps the units income-restricted for at least 15 years after the compliance period, 30 years in all; that is the federal minimum, and many state agencies require longer (IRC 42(h)(6)(D)).
After year 14 an owner can ask the state agency to find a buyer at the "qualified contract" price; if none is found, the extended use period can end early, with three more years of protection for existing tenants, unless the agreement waives that right, as many states require (IRC 42(h)(6)(E)-(F)). The recorded agreement governs; ask the state agency for this property's terms.
QCT and DDA status
Its 2020 census tract, 06073017035, is not a Qualified Census Tract on HUD's 2027 list. ZIP code 92129 matches a ZIP code area (ZCTA) HUD lists as a 2027 Small Difficult Development Area (San Diego-Chula Vista-Carlsbad, CA MSA).
For the year it was placed in service, HUD's record puts the property not in a Qualified Census Tract, on that year's tract boundaries.
The 2027 lists (HUD, Federal Register Doc. 2026-20390) govern allocations made after 2026, such as a resyndication; the property's original basis boost depended on the lists in force when it received credits. A ZIP code and its ZCTA usually match but not always. Check an exact address with the QCT and DDA lookup.
Other tax credit properties in San Diego
- Livia at Scripps Ranch formerly Scripps Mesa Apartments10380 Spring Canyon Road · 53 restricted units
- Dove Canyon Apartments16507 Dove Canyon Rd · 118 restricted units
- Terramar Apartments13481 Silver Ivy Ln · 20 restricted units
- Tizon11520 West Bernardo Court · 175 restricted units
- Fairbanks Commons15870 Camino San Bernardo · 163 restricted units
- Torrey Highlands Apartments13352 Torrey Meadows Dr · 75 restricted units
All 180 properties in San Diego. Nearby cities: National City (9), Spring Valley (5), Chula Vista (22), El Cajon (13), San Ysidro (6), Santee (6).
How tax credit apartments work
Rent in an income-restricted unit is capped by the unit's size, not set by your income, and you qualify if your household earns at or under the unit's limit, usually 50% or 60% of the area median. You can apply with a Housing Choice voucher. How to qualify, step by step.