19160 Stevens Creek Blvd, Cupertino, CA 95014
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio Bed | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
The Veranda will be a 19-unit affordable senior citizen housing development, on a vacant .56 acre site, located at 19160 Stevens Creek Blvd. in Cupertino. The property’s intended residents will be seniors aged 62 or older. The Veranda is located directly across the street from Cupertino’s new Main Street Cupertino, with retail stores and restaurants.
The apartments will be studio units that are approximately 350 square feet located in a three story building. All floors of the building will be serviced by an elevator. Each studio apartment will have a complete kitchen and ADA accessible bathroom. The sustainable, green building features will include Energy Star appliances, low flow plumbing fixtures, and energy efficient lighting. All of the apartments on the 2nd and 3rd levels will have a private balcony and all of the ground floor units will have a ground floor patio. There will be a common laundry room, staff office, a public restroom and community lounge. Additionally, there will be shared open space, with drought tolerant landscaping, for all residents and their guests to use which will include 3 separate patios on the east side of the building devoted to different types of activities; gardening, reading or dining and a citrus garden with fruit trees. There will be parking on site for the residents, staff and visitors.
Because The Veranda participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $62,450 / year | $71,400 / year | $80,300 / year | $89,200 / year | $96,350 / year | $103,500 / year | $110,650 / year | $117,750 / year |
| 50% AMI for PBRA Units | $62,450 / year | $71,400 / year | $80,300 / year | $89,200 / year | $96,350 / year | $103,500 / year | $110,650 / year | $117,750 / year |
| 60% AMI for LIHTC Units | $74,940 / year | $85,680 / year | $96,360 / year | $107,040 / year | $115,620 / year | $124,200 / year | $132,780 / year | $141,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Veranda have a waiting list?
The Veranda probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Veranda?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges The Veranda?
The Veranda is managed by Charities Housing headquartered in San Jose, CA.
In addition to The Veranda, how many other affordable housing properties (and units) are there in Cupertino?
In addition to The Veranda, we list 6 other affordable properties in Cupertino. Learn about these properties here. Our data research shows that there are a total of 146 affordable units in Cupertino.
10610 Morengo Dr, Cupertino, California 95014
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