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Affordable Senior Apartments with a Continuum of Care Total Number of Apartments: 66 - 65 1 Bedroom apartments - 2 Bedroom apartments 1 Years of Service: Established in 2015 Enhancing the Community with Assisted-Living Units and For-Sale Residences Within our town center, we have developed a thriving community for seniors. This includes 155 assisted-living units specifically designed for their needs. Additionally, we offer 200 age-restricted residences for sale, providing a variety of housing options for seniors. Introducing Alma Point at Foster Square: Affordable and Accessible Housing As part of our commitment to providing affordable housing, we are proud to introduce Alma Point at Foster Square. This development consists of 66 affordable apartments, which are being developed by MidPen Housing. Our goal is to address the financial burden of living and healthcare costs for seniors with fixed incomes. A Program for Individuals and Families with Moderate Incomes Our affordable housing program is designed to assist individuals and families with moderate incomes. Through this program, qualified applicants can benefit from below market rents, thereby easing the financial strain they may face. It is important to note that this program is not a subsidized housing program, and each resident is responsible for their full rent amount each month. Determining Your Eligibility To be eligible for our affordable housing program, your total household gross income must be below the pre-set income limit for the area. Please note that eligibility and maximum income restrictions do apply. If you require rental assistance, we encourage you to inquire with our manager regarding income limits, current rental rates, and any additional information about subsidy programs offered at our property. Joining Waiting Lists Due to high demand, most low-income apartments have waiting lists. It is advisable to add your name to as many waiting lists as possible to maximize your chances of securing an apartment. We understand that the wait can sometimes be long, but we appreciate your patience. Contacting Apartments Directly To check for availability or open waiting lists, we provide contact information including phone numbers and websites. Please feel free to reach out to the apartments directly for further assistance. Determining Apartment Rates While we provide current apartment rates for many listings, it is important to note that HUD listings typically do not have published rates. Instead, they are based on 30% of the renter's adjustable gross income. To determine if you qualify for income-based rent, we kindly ask that you contact the apartments directly. Your Journey to Affordable Senior Living Starts Here We understand the financial concerns faced by seniors and their families. That's why we provide a range of affordable housing options, along with a continuum of care. Let us support you in finding the perfect home that meets your needs and budget.
700 Alma Lane, Foster City, CA 94404
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