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Ginzton Terrace

375 Oaktree Dr, Mountain View, California 94040

Ginzton Terrace was named for Edward Ginzton, a founding board member of MidPen Housing. Ginzton Terrace provides affordable housing for seniors in an attractive community setting with courtyard and lodge-style buildings. Common area amenities include a community lounge, kitchen and dining area, a classroom and craft room, handiwork benches and gardening facilities for the residents. The community is located within a few blocks of shopping and services. Ginzton Terrace was built largely because of the leadership, dedication, and financial support of the local government and its citizens, reflected by the 1994 Mayor's Award it received from the City of Mountain View.

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Waiting List is Closed

Last updated on January 22nd, 2018

Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Income Based
1 Bedroom (1/1) - Income Based
2 Bedroom (2/1) - Income Based

Ginzton Terrace Details

  • 107 0, 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Computer Lab
  • Community Room

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.

Mountain View 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 Mountain View but actual income limits may differ for units at Ginzton Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $55,300 $63,200 $71,100 $78,950 $85,300 $91,600 $97,900 $104,250
Low Income (60%) $66,360 $75,840 $85,320 $94,740 $102,360 $109,920 $117,480 $125,100

Ginzton Terrace is managed by MidPen Housing.

Image of Ginzton Terrace
Image of Ginzton Terrace
Image of Ginzton Terrace

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