With housing costs so high, many of our friends, families, colleagues, and neighbors in the greater Bay Area cannot afford to purchase a home here, because securing a down payment is out of reach. Oak Circle Apartments is a Low-Income Housing Tax Credit apartment located San Jose, CA. For more information contact us at: 408-703-3837 ext. The development received $36 million in 4% federal low-income housing tax credits (LIHTCs) in . SCCHA leases over 2,900 high-quality homes in Santa Clara County to members of our community at affordable rents through programs like the Housing Choice Voucher program, and is working every day to build more affordable housing. Santa Clara/San Jose Housing Authorities - U.S. Department of Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. Santa Clara, CA Low Income Housing Developing affordable housing requires financial resources, often from multiple sources including but not limited to: SCCHA has a commitment to sustainability, and our two most recent developments, Laurel Grove Family Apartments and Park Avenue Senior Apartments, have been rated GreenPoint Rated Gold. Rincon De Los Esteros San Jose is a Low-Income Housing Tax Credit apartment located San Jose, CA. The LIHTC gives incentives to b 65 McCreery Ave This is driving up rents and creating more pressure on low-income earning tenants who qualify for affordable housing. The AMI is calculated and published each year by HUD. Morgan Hill, CA - 95037. Senior Housing for rent in Santa Clara County, CA Monticelli Apartments Gilroy is a Low-Income Housing Tax Credit apartment located Gilroy, CA. John Burns Gardens Santa Clara is a Low-Income Housing Tax Credit apartment located Santa Clara, CA. CALL: (408) 280-2424 Phone Intake Hours: Monday 9 AM - 11:30 AM The community features 320 high-quality, affordable studio and one-bedroom apartments for Retirement Living. All rights reserved. Monte Vista Gardens Family Hsg San Jose is a Low-Income Housing Tax Credit apartment located San Jose, CA. Betty Anne Gardens San Jose is a Low-Income Housing Tax Credit apartment located San Jose, CA. Rental assistance programs support 136 low-income homes in Santa Clara where households pay rent based on how much they earn. When: Thursday June 8, 2023 Time: 12:00 - 1:00pm Funded by the 2016 Measure A Affordable Housing Bond, the County of Santa Clara's Empower program provides down. USA Properties Fund and Pinyon Investments will develop the site, slated to host 151 apartments for those earning up to 30% of the AMI. Most apartments these days have waiting lists. This is a low income apartment. If you are looking for an affordable housing option, these rental apartments are supported by the LIHTC and having the applicable program rent and income restrictions. San Jose, CA - 95131. $2,229 depending on the number of bedrooms. If a homebuyer has at least 3% of a homes purchase price saved up, an Empower loan can provide up to 30% of the purchase price enabling a down payment of 33% on a home. If you are looking for an affordable housing option, these rental apartments are supported by the LIHTC and having the applicable program rent and income restrictions. San Jose, CA - 95122. We and our partners use cookies to Store and/or access information on a device. Newly renovated affordable housing community for families in Campbell. BELOW MARKET RATE (BMR) Purchase Program | City of Cupertino, CA If you are looking for an affordable housing option, these rental apartments are supported by the LIHTC and having the applicable program rent and income restrictions. The cookie is used to store the user consent for the cookies in the category "Other. the low -income limit reflect 160 percent of the very low -income limit . San Jose, CA - 95132. If you are an existing participant, its easy to manage your housing and paperwork online. Affordable rent data for some communities last confirmed on March 10th, 2023. In addition to partnering with professional property management companies, SCCHA conducts regular reviews of the portfolios income and expenses, operating compliance reviews, site inspections, and annual audits. For 2023, elgible households participating in federally assisted housing pay an average of Area Median Income & Eligibility for Affordable Housing The area median income (AMI) in Santa Clara County in 2022 is $168,500, an increase of $17,200 just since last year.

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