Open Doors, located at 634 W Parr Ave in Los Gatos, has two, three and four bedroom apartments. Open Doors participates in the Low-Income Housing Tax Credit (LIHTC) program.
Last updated on January 22nd, 2018
|2 Bedroom (2/1)||-||Income Based|
|3 Bedroom (3/1)||-||Income Based|
|4 Bedroom (4/1)||-||Income Based|
Open Doors was the first affordable rental housing community for low-income families in Los Gatos. The development was sponsored by West Valley Open Doors, a local non-profit housing advocacy organization, and MidPen Housing obtained the land in 1991 through an exchange with the Community Hospital of Los Gatos-Saratoga. When the community opened in 1993, one-third of the residents were employed at the hospital. The townhouses and apartments are constructed to resemble single-family homes, and the pinwheel design around a central green helps to create a sense of community. Open Doors received a Gold Nugget Award of Merit for Best Affordable Housing at the Pacific Coast Builders Conference.
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 Los Gatos but actual income limits may differ for units at Open Doors.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$51,250||$58,550||$65,850||$73,150||$79,050||$84,900||$90,750||$96,600|
|Low Income (60%)||$61,500||$70,260||$79,020||$87,780||$94,860||$101,880||$108,900||$115,920|
Open Doors was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
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.
Open Doors is managed by MidPen Housing.