7120 Hawley St., Oakland, CA 94621
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor BaileyRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 486 - 1,029 Sq Ft |
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.
Coliseum Place is a new construction, large family, and special needs project that will provide 59 new apartment homes directly adjacent to the Coliseum BART Station. This transit-rich neighborhood is an ideal location for the project’s target population: low-income families with children and formerly homeless households, earning between 20% and 50% of the Area Median Income. 37 apartments have Project-Based Section 8 rental assistance from the Oakland Housing Authority, of which 25 are available through this leasing process; for these apartments, tenants pay 30% of income towards rent.
The building is six stories granting excellent views of downtown Oakland, the East Bay Hills, and the San Francisco Bay. There is a community room, landscaped courtyard, auto and bike parking, and on-site property management and supportive services programming.
Resources for Community Development (RCD) and the John Stewart Company follow all reasonable accommodation laws and regulations as provided for in the Federal Fair Housing Act and California’s Fair Employment and Housing Act.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Coliseum Place does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 486ft2 | Rent is Based On Your Income† |
Two Bedroom (2/1) | 748ft2 | Rent is Based On Your Income† |
Three Bedroom (3/2) | 1029ft2 | Rent is Based On Your Income† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year | $79,900 / year | $85,800 / year |
50% AMI for PBRA Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year | $79,900 / year | $85,800 / year |
60% AMI for LIHTC Units | $62,160 / year | $71,040 / year | $79,920 / year | $88,740 / year | $95,880 / year | $102,960 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Coliseum Place have a waiting list?
Coliseum Place 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 Coliseum Place?
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 Coliseum Place?
Coliseum Place is managed by The John Stewart Company headquartered in San Francisco, California.
In addition to Coliseum Place, how many other affordable housing properties (and units) are there in Oakland?
In addition to Coliseum Place, we list 244 other affordable properties in Oakland. Learn about these properties here. Our data research shows that there are a total of 13137 affordable units in Oakland.
When was the Coliseum Place listing last updated?
Coliseum Place listing on Affordable Housing Online was last updated on 07/18/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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