Water Street Apartments LIHTCPB Section 8 Santa Cruz, CA

Profile last updated · Data vintage: HUD LIHTC 2024

Water Street Apartments is a Low-Income Housing Tax Credit (LIHTC) community in Santa Cruz, CA with 41 units. Rents are set relative to household income.

41
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8
Address708 Water Street, Santa Cruz, CA 95060 Map →
Tax-credit (LI) units40
Placed in service2019

How to apply at Water Street Apartments

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 708 Water Street, Santa Cruz; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Santa Cruz

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Gault Street Senior §202 SeniorSanta Cruz0.8 km
Riverwalk Apartments LIHTCPB Section 8Santa Cruz0.8 km
Riverwalk Apts LIHTCSanta Cruz0.8 km
Grace Commons, Inc. §811Santa Cruz0.8 km
Ocean Street Apartments LIHTCPB Section 8Santa Cruz1.1 km
Nueva Vista LIHTCSanta Cruz1.1 km
Stepping Out Housing PB Section 8Santa Cruz1.1 km
La Playa LIHTCSanta Cruz1.1 km

← All subsidized housing in Santa Cruz

Frequently asked questions

What kind of subsidy does Water Street Apartments have?
Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Water Street Apartments?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Water Street Apartments?
Contact the management office at 708 Water Street in Santa Cruz. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.