Promenade Apartments I & II

5300 Case Avenue, Pleasanton, California 94566

Promenade Apartments I & II, located at 5300 Case Avenue in Pleasanton, has one, two and three bedroom low rise style apartments. Promenade Apartments I & II participates in the Low-Income Housing Tax Credit (LIHTC) and Supportive Housing for Persons with Disabilities programs.

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Message Promenade Apartments I & II

no vacancies is Closed

Our interest list for Below Market Rate Units is currently CLOSED. No vacancies.

Last updated on March 6th, 2019

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 620 $2,145
Two Bedroom (2/1.5) 1032 $2,570
Two Bedroom (2/2) 1049 $2,625
Two Bedroom (2/1) 865 $2,495
Three Bedroom (3/2) 1220 $3,100

Promenade Apartments I & II Details

  • 146 one, two and three bedroom units.
  • Low Rise
  • Accepts Section 8 Housing Choice Vouchers (HCV)
  • Accepts VASH Vouchers
  • Accessible Units
  • Family and Senior
  • Market Rate
  • Near Elderly (55+)
  • Persons With Disabilities
  • Pet Friendly
  • Senior (62+)

Property Amenities

  • Fitness Center
  • Playground
  • BBQ/Picnic Area
  • Pool
  • Covered Parking

Unit Amenities

  • Air Conditioning
  • All Appliances included
  • Dishwasher
  • Fireplace
  • Washer/Dryer Hookup
  • Walk-in Closet(s)
  • Carpet
  • Patio, Deck Or Balcony
  • Central Heat & Air

Office Hours

Day Hours
Monday 8:30am-4:30pm
Tuesday 8:30am-4:30pm
Wednesday 8:30am-4:30pm
Thursday 8:30am-4:30pm
Friday 8:30am-4:30pm
Saturday 10:00am-4:30pm

About Promenade Apartments I & II

Situated in the East Bay, and just a short distance to San Jose and San Francisco, The Promenade offers a mix of market rate and affordable apartment homes with many desirable features. With the convenience of great malls, theaters, parks, recreational activities, cultural arts, restaurants and employers nearby, and a short walk to historic downtown Pleasanton, The Promenade is an ideal community in an ideal location. This exquisite community offers charming landscaped grounds, a sparkling pool and spa, contemporary amenities and much more.

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.

Supportive Housing for Persons with Disabilities

Since this property was built or renovated using funding from HUD's current Section 811 Supportive Housing for Persons with Disabilities program or legacy Section 202 program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one adult member with a disability. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Pleasanton HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Pleasanton but actual income limits may differ for units at Promenade Apartments I & II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $43,400 $49,600 $55,800 $61,950 $66,950 $71,900 $76,850 $81,800

Pleasanton 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 Pleasanton but actual income limits may differ for units at Promenade Apartments I & II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $43,400 $49,600 $55,800 $61,950 $66,950 $71,900 $76,850 $81,800
Low Income (60%) $52,080 $59,520 $66,960 $74,340 $80,340 $86,280 $92,220 $98,160

These general income qualifications for Pleasanton, California should only be used as a basic guide. To find out if you qualify, contact the community directly.

Promenade Apartments I & II was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 60% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Promenade Apartments I & II has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

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.

Promenade Apartments I & II is managed by FPI Management, Inc..

Image of Promenade Apartments I & II
Image of Promenade Apartments I & II
Image of Promenade Apartments I & II
Image of Promenade Apartments I & II
Image of Promenade Apartments I & II
Image of Promenade Apartments I & II

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