Chico Commons

Chico Commons is a 72-unit Multifamily LIHTC Project (Federal Tax Credit)

Address:1071 Amanda Way, Chico

Project Page

Owner: Chico Commons LP
Managing General Partner: Banyard Management
Limited Partners: AEGON
PG&E (Merritt Capital)
Management Company: RSC Associates, Inc.
Resident Manager: Cory Ferm
Lender: Housing Authority, City of Chico RDA
Monitoring Agencies: California Tax Credit Allocation Committee
AEGON, Merritt Capital, City of Chico


Unit Mix/Rents/Income Targeting:

Tax Credit Level/Rent
Unit Size
50% AMI
60% AMI
S8 Rent
1 Br/1 Ba
(3) @ $430
(13) @ $520
$585
2 Br/1 Ba
(6) @ $530
(21) @ $620*
$709
3 Br/1 Ba
(6) @ $590
(22) @ $720
$1,011
Total Units
(15)
(56)
(72)
* Manager's unit excluded.

Property operated in accordance with Tax Credit regulatory Agreement, Partnership Agreement and City of Chico Regulatory Agreement.

Built: 1996
Lower Level Accessible to Physically Disabled