Cornerstone at Japantown is conveniently located in the heart of San Jose in a fun, hip neighborhood. The three-story apartment homes provide spacious living with gourmet kitchens and an attached two-car garage. The beautifully landscaped grounds and community areas — with barbeques in the courtyard and a resident clubhouse — facilitate a leisurely lifestyle at a great value. Pets are also welcome!
There are no available unitsLast updated on January 24th, 2018
|2 Bedroom (2/1)||-||Income Based|
|3 Bedroom (3/1)||-||Income Based|
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 San Jose but actual income limits may differ for units at Cornerstone at Japantown.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$59,000||$67,400||$75,850||$84,250||$91,000||$97,750||$104,500||$111,250|
|Low Income (60%)||$70,800||$80,880||$91,020||$101,100||$109,200||$117,300||$125,400||$133,500|
Cornerstone at Japantown is managed by EAH.