Runnymede Gardens

2301 Cooley Ave, East Palo Alto, California 94303

Runnymede Gardens, located at 2301 Cooley Ave in East Palo Alto, has one bedroom apartments. Runnymede Gardens participates in the Section 8 Project-Based Rental Assistance and Low-Income Housing Tax Credit (LIHTC) programs.

Contact Runnymede Gardens

Message Runnymede Gardens

Waiting List is Closed

Runnymede Gardens is not currently accepting applications. 

Last updated on July 31st, 2019

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based

Runnymede Gardens Details

  • 78 one bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Community Room

Unit Amenities

  • Patio, Deck Or Balcony

About Runnymede Gardens

MidPen Housing acquired Runnymede Gardens from a Section 8 HAP contract that was scheduled to expire to preserve the property's affordability. MidPen began a rehabilitation of the 1980s property in 2001, including renovation of the common areas, carpet replacement, new drapery, appliances, countertops and cabinets where necessary, bathroom fixtures, painting, and private balcony or patio upgrades. Onsite amenities include a community room, a computer center, resident lounges on the second and third floors, security-gated parking, and laundry rooms on each floor. Runnymede Gardens is located within walking distance of city hall, the main library, a post office and a county office for housing, social services, and health services, as well as access to many bus routes.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Low-Income Housing Tax Credit (LIHTC)

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.

East Palo Alto HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in East Palo Alto but actual income limits may differ for units at Runnymede Gardens.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $33,850 $38,700 $43,550 $48,350 $52,250 $56,100 $60,000 $63,850
50% $56,450 $64,500 $72,550 $80,600 $87,050 $93,500 $99,950 $106,400
80% $90,450 $103,350 $116,250 $129,150 $139,500 $149,850 $160,150 $170,500

East Palo Alto Low-Income Housing Tax Credit Income Limits

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 East Palo Alto but actual income limits may differ for units at Runnymede Gardens.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $56,450 $64,500 $72,550 $80,600 $87,050 $93,500 $99,950 $106,400
Low Income (60%) $67,740 $77,400 $87,060 $96,720 $104,460 $112,200 $119,940 $127,680

These general income qualifications for East Palo Alto, California should only be used as a basic guide. To find out if you qualify, contact the community directly.

Runnymede Gardens was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Runnymede Gardens has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Runnymede Gardens is managed by MidPen Housing.

Image of Runnymede Gardens
Image of Runnymede Gardens
Image of Runnymede Gardens

Nearby Low Income Apartment Communities

Serenity Senior Apartments

2358 University Ave
East Palo Alto, CA
Call For Rent
1-2 BR
62+
HCV Welcome

Bay Oaks

2400 Gloria Way
East Palo Alto, CA
Income Based
2-4 BR
HCV Welcome

Woodlands Newell

1761-1767 Woodland Ave
East Palo Alto, CA
Call For Rent
Studio-4 BR
HCV Welcome