Grayson Apartments is a four story building with 23 one- and two-bedroom apartments, including one manager's unit. The ground floor includes a parking garage, a gracious residential lobby and approximately 2,000 square feet of commercial space. Apartments are located on the upper floors. The second floor includes the services office, laundry room and a community room opening onto a common outdoor patio area. The third and fourth floors include a computer annex and a library.
|One Bedroom (1/1)||-||Call for Price|
|Two Bedroom (2/1)||-||Call for Price|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Berkeley but actual income limits may differ for units at Grayson Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$50,000||$57,150||$64,300||$71,400||$77,150||$82,850||$88,550||$94,250|
|Low Income (60%)||$60,000||$68,580||$77,160||$85,680||$92,580||$99,420||$106,260||$113,100|
Grayson Apartments is managed by Satellite Affordable Housing Associates.