707 Bradford Street, Redwood City, CA 94063
Waiting List Forecast: Likely Short or None
Verified for 2019 by Connor Bailey, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | Studio - 2 Beds | 1 Bath | - |
This property is currently under construction.
Arroyo Green Apartments will bring 117 affordable homes for seniors earning no up to 50% of the Area Median Income to amenity-rich downtown Redwood City. Residents can enjoy onsite amenities such as an open air rooftop courtyard with community gardening planters, bbq, and tables and seating. Indoors, they can find a computer lab, a game room and library, a fitness room, and two laundry rooms. Public benefit features of the development include a creekside trail that is open to the public and connects with a network of bay trails, as well as a ground-floor child care center that is operated by Foot Steps, a non-profit child care provider.
Because Arroyo Green Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price† |
1 Bedroom (1/1) | - | Call for Price† |
2 Bedroom (2/1) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
50% AMI for LIHTC Units | $65,050 / year | $74,350 / year | $83,650 / year | $92,900 / year |
50% AMI for PBRA Units | $65,050 / year | $74,350 / year | $83,650 / year | $92,900 / year |
60% AMI for LIHTC Units | $78,060 / year | $89,220 / year | $100,380 / year | $111,480 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Arroyo Green Apartments have a waiting list?
Arroyo Green Apartments 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 Arroyo Green Apartments?
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 Arroyo Green Apartments?
Arroyo Green Apartments is managed by MidPen Housing headquartered in Foster City, CA.
In addition to Arroyo Green Apartments, how many other affordable housing properties (and units) are there in Redwood City?
In addition to Arroyo Green Apartments, we list 27 other affordable properties in Redwood City. Learn about these properties here. Our data research shows that there are a total of 918 affordable units in Redwood City.
104 Cedar St, Redwood City, California 94063
3752 Rolison Road, Redwood City, California 94063
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