Eden Palms Apartments

5398 Monterey Road, San Jose, California 95111

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Last updated on October 19th, 2017

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based

Eden Palms Apartments Details

  • 150 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance

Property Amenities

  • Playground
  • Computer Lab
  • Community Room
  • Library

Unit Amenities

  • Washer and Dryer Included

Office Hours

Day Hours
Monday 10:00am-5:30pm
Tuesday 10:00am-5:30pm
Wednesday 10:00am-5:30pm
Thursday 10:00am-5:30pm
Friday 10:00am-5:30pm

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.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

San Jose 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 San Jose but actual income limits may differ for units at Eden Palms Apartments.

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

Eden Palms Apartments is managed by Eden Housing.

Image of Eden Palms Apartments
Image of Eden Palms Apartments
Image of Eden Palms Apartments

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