Maryce Freelen Place, located at 2230 Latham St in Mountain View, has one, two and three bedroom apartments. Maryce Freelen Place participates in the Low-Income Housing Tax Credit (LIHTC) program.
Last updated on January 22nd, 2018
|1 Bedroom (1/1)||-||Income Based|
|2 Bedroom (2/1)||-||Income Based|
|3 Bedroom (3/1)||-||Income Based|
The City of Mountain View turned to MidPen Housing to transform the former Latham Park into Maryce Freelen Place, an affordable housing community for families. Once wracked by crime, gang activity, and problems of deferred maintenance, MidPen Housing undertook the community's rehabilitation, installing a safer exterior stair design, and providing new kitchens, bathrooms, carpets, and paint. Moreover, MidPen Property Management began to restructure the resident life and community security, evicting those who had been involved in drug dealing and criminal activity and taking other measures to ensure residents could thrive in their environment. After the rehabilitation of Maryce Freelan Place, several properties in the area were also upgraded. Maryce Freelan Place was recognized with a 1998 Mayor's Award from the City of Mountain View.
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 Mountain View but actual income limits may differ for units at Maryce Freelen Place.
|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|
Maryce Freelen Place 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.
Maryce Freelen Place is managed by MidPen Housing.