California

Tax credit apartments in Thousand Oaks, CA

HUD's database lists 11 properties in Thousand Oaks built or rehabbed with low-income housing tax credits: 571 apartments, 587 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 Listings come from HUD's database and may be out of date.

Esseff Village Apts

1423 E Thousand Oaks Blvd, Thousand Oaks, CA 91362

48 studio, 2 1BR, 1 2BR

Apartments
51
Income-restricted
50
Placed in service
2001

Hacienda De Feliz

2096 Los Feliz Dr, Thousand Oaks, CA 91362

16 2BR, 9 3BR

Apartments
25
Income-restricted
24
Placed in service
2005

Hillcrest Villas

2736 E Hillcrest Dr, Thousand Oaks, CA 91362

32 1BR, 10 2BR, 18 3BR

Apartments
60
Income-restricted
59
Placed in service
2013

Los Feliz Apartments Phase 2

1990 Los Feliz Drive, Thousand Oaks, CA 91362

12 2BR, 8 3BR

Apartments
20
Income-restricted
19
Placed in service
2014

Los Feliz Apts

1972 Los Feliz Dr, Thousand Oaks, CA 91362

6 1BR, 19 2BR, 11 3BR

Apartments
36
Income-restricted
35
Placed in service
2014

Oak Creek Senior Villas

367 E Thousand Oaks Blvd, Thousand Oaks, CA 91360

HUD lists it as senior housing · 47 1BR, 10 2BR

Apartments
57
Income-restricted
56
Placed in service
2004

Schillo Gardens

2861 Los Robles Road, Thousand Oaks, CA 91362

7 1BR, 16 2BR, 6 3BR

Apartments
29
Income-restricted
28
Placed in service
2016

Shadows Apts

1949 Los Feliz Dr, Thousand Oaks, CA 91362

56 1BR, 92 2BR

Apartments
148
Income-restricted
147
Placed in service
2007

Stoll House Apts

3155 Los Robles Rd, Thousand Oaks, CA 91362

Apartments
11
Income-restricted
11
Placed in service
1997

Villa Garcia

1379 - 1419 E. Thousand Oaks Blvd., Thousand Oaks, CA 91362

40 1BR, 20 2BR, 20 3BR

Apartments
54
Income-restricted
79
Placed in service
2016

Villa Garcia (Thousand Oaks)

1379 E Thousand Oaks Blvd, Thousand Oaks, CA 91362

40 1BR, 20 2BR, 20 3BR

Apartments
80
Income-restricted
79
Placed in service
1999

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.