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The Uptown Apartments

500 William Street, Oakland, California 94612

New LEED Silver certified apartment community located in downtown Oakland, CA with studio, 1 bedroom, 2 bedroom and 3 bedroom apartments available at reduced rents for qualified moderate income households. The Uptown is located in the Arts and Entertainment District, across from Fox Theater, just 2 blocks to BART and 12 minutes to SF by BART. All prospective households must meet the credit and criminal background qualifications in order to qualify. Disabled and other applicants are encouraged to apply. Income and other restrictions apply. SECTION 8 and other subsidized voucher holders are welcome to apply. Equal Opportunity Provider.

Security deposits are required: Studios and 1 Bedrooms require a $500 deposit, 2 Bedrooms require a $700 deposit and 3 bedrooms require a $900 deposit.

Parking is an additional $100 per month for the first space and there is a waiting list for parking.

This property has both an affordable housing component and a Below Market Rate component. As of March 2017, there is a waiting list for the affordable housing units and it is presently closed. Management does not anticipate opening it in the immediate future. The waiting list for the Below Market Rate units is open with limited availability.

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Below Market Rate (BMR) is Open Now

As of March 2017, there are no 2 or 3 bedroom units available, but the waiting list is open. The rent for the BMR 2 bedroom is $2,277.00 per month and to qualify the household will need to make $54,468 gross annually. The rent for the BMR 3 bedroom is $2,627.00 per month and to qualify the household will need to make $63,048 gross annually.

Last updated on March 27th, 2017
Low Income Waiting List is Closed

This low income waiting list is closed and management does not opening it in the immediate future.

Last updated on March 27th, 2017

Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 525 $1,773
Junior 1 Bedroom (1/1) - $1,835
1 Bedroom (1/1) 776 $1,897
2 Bedroom (2/2) 1085 $2,277
3 Bedroom (3/2) 1535 $2,677

The Uptown Apartments Details

  • 133 0, one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Controlled Access
  • Elevator
  • Fitness Center
  • Community Room

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Gourmet Kitchen
  • Microwave
  • Cable/Satellite TV
  • Walk-in Closet(s)
  • Window Coverings
  • Premium Flooring
  • Patio, Deck Or Balcony
  • Scenic View
  • Water Trash and Sewer Included

Nearby Amenities

  • Close to Downtown District
  • Near Hospital
  • Near Park
  • Near Schools

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.

Oakland 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 Oakland but actual income limits may differ for units at The Uptown Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $45,700 $52,200 $58,750 $65,250 $70,500 $75,700 $80,950 $86,150
Low Income (60%) $54,840 $62,640 $70,500 $78,300 $84,600 $90,840 $97,140 $103,380

The Uptown Apartments is managed by Forest City Management.

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