Grass Valley Apts
340 Pleasant Street, Grass Valley, CA 95945
Family · 4 1BR, 32 2BR, 6 3BR
Managed by The Cbm Group, INC
- Units
- 42
- Rental assistance
- 30
- Vacant
- 1
- Accessible
- 0
- Opened
- 1986
California
USDA rental housing in Nevada County, CA
10 properties in Nevada County have USDA Section 515 or 514 financing: 557 apartments across 2 towns. 497 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
10properties
557apartments
497rental assistance units
13vacant units reported
Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.
Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.
Grass Valley Sr Apts
321 Dorsey Dr, Grass Valley, CA 95945
Elderly · 32 1BR, 2 2BR
Managed by The Cbm Group, INC
- Units
- 34
- Rental assistance
- 24
- Vacant
- 2
- Accessible
- 0
- Opened
- 1989
Grass Valley Terrace
275 Dorsey Dr, Grass Valley, CA 95945
Family · 36 1BR, 30 2BR, 4 3BR
Managed by Mbs Property Management
- Units
- 70
- Rental assistance
- 44
- Vacant
- 1
- Accessible
- 0
- Opened
- 1986
Nevada City Sr Apts
841 Old Tunnel RD, Grass Valley, CA 95945
Elderly · 59 1BR, 1 2BR
Managed by The Cbm Group, INC
- Units
- 60
- Rental assistance
- 59
- Vacant
- 2
- Accessible
- 0
- Opened
- 1991
Nevada Commons Apts
775 Old Tunnel RD, Grass Valley, CA 95945
Elderly · 32 1BR
Managed by Awi Management Company
- Units
- 32
- Rental assistance
- 31
- Vacant
- 1
- Accessible
- 0
- Opened
- 1997
Nevada Meadows Apt
825 Old Tunnel RD, Grass Valley, CA 95945
Elderly · 34 1BR
Managed by Awi Management Company
- Units
- 34
- Rental assistance
- 29
- Vacant
- 1
- Accessible
- 0
- Opened
- 1994
Springhill Gardens Apartments
200 Dorsey Dr, Grass Valley, CA 95945
Family · 47 1BR, 60 2BR, 14 3BR
Managed by Cambridge Management
- Units
- 121
- Rental assistance
- 120
- Vacant
- 3
- Accessible
- 0
- Opened
- 1977
Valley Commons Apts
1444 Segsworth Way, Grass Valley, CA 95945
Family · 8 1BR, 40 2BR
Managed by Awi Management Company
- Units
- 48
- Rental assistance
- 46
- Vacant
- 0
- Accessible
- 0
- Opened
- 1977
Valley Commons East
1444 Segsworth Way, Grass Valley, CA 95945
Family · 12 1BR, 44 2BR
Managed by Awi Management Company
- Units
- 56
- Rental assistance
- 55
- Vacant
- 0
- Accessible
- 0
- Opened
- 1979
Truckee Donner Senior Apartments
10040 Estates Dr, Truckee, CA 96161
Elderly · 54 1BR, 6 2BR
Managed by Cascade Management Services
- Units
- 60
- Rental assistance
- 59
- Vacant
- 2
- Accessible
- 0
- Opened
- 1982
Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.
Who can rent here
USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.
For owners and buyers
All 10 are limited-profit. All also have housing tax credits. 5 serve elderly tenants. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.
Every property in one file: 515/514 portfolio download (CSV and JSON).