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Affordable Housing for Seniors with Rental Assistance Options Income and Occupancy Requirements - Eligibility for this affordable housing program for seniors is based on total household 'gross' income. - Total household income must be below the pre-set income limit for the area. - Valid rental assistance programs, such as Housing Choice Vouchers and Section 8, will be considered for this property. - If a tenant qualifies for a rental subsidy, the required minimum income will be based on the portion of the rent they pay after utilizing the subsidy. Apartment Details - Total Apartment Units: 63 - Total Apartment Low Income Apartments: 63 - 1 Bedroom apartments: 60 - 2 Bedroom apartments: 3 - Senior Apartments: YES - Years In Service Since: 2002 Rental Rates - Rents are based on income, allowing for below market rents for qualifying seniors with moderate incomes. - This program is not a subsidized housing program, and residents are responsible for paying their full amount of rent each month. - Rental amounts are determined by the pre-set income limits in the geographic area, not based on individual household income. Availability and Rental Assistance - Eligibility and maximum income restrictions apply. - Rental Assistance may be available. Inquire with the manager for more information on income limits, current rental rates, and subsidy programs at this property. Tips for Renting Low Income Tax Credit (LIHTC) Units - Income from all expected adult residents must be included and verified during the application process. Call for more details. Waiting Lists and Contact Information - Most low income apartments have waiting lists, and it may take years to be called for openings. - It is recommended to get on as many waiting lists as possible. - Phone numbers and websites are provided for each apartment. Contact them directly to inquire about openings or open waiting lists. Apartment Rates - Current apartment rates are provided on many listing pages. - HUD listings do not have published rates; they are based on 30% of the renter's adjustable gross income. - Contact the apartments to determine if you qualify for income-based rent.
655 Richmond Ave, San Jose, CA 95128
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