Hillsdale Townhouses, located at 1626-1656 Hillsdale Ave in San Jose, has two and three bedroom apartments. Hillsdale Townhouses participates in the Low-Income Housing Tax Credit (LIHTC) program.
Last updated on January 22nd, 2018
|2 Bedroom (2/1)||-||Income Based|
|3 Bedroom (3/1)||-||Income Based|
Hillsdale Townhouses was developed in response to the need for high-quality, affordable, workforce housing in San Jose. In 2007 MidPen Housing purchased the dilapidated site formerly known as the Hillsdale House Townhomes, which was in tremendous need of repairs. The Hillsdale Townhouses renovation completely transformed and modernized the interiors and exteriors of the complex, originally built in 1965, while keeping rents at levels that existing tenants could still afford. Insulation was added, the original windows were replaced with energy efficient windows, heating systems were upgraded, and cooling systems were added to enhance the livability of the homes. ENERGY STAR appliances and light fixtures were also placed in each unit, and the former manager's unit was turned into a community room and computer lab to be enjoyed by all residents.
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 Hillsdale Townhouses.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$51,250||$58,550||$65,850||$73,150||$79,050||$84,900||$90,750||$96,600|
|Low Income (60%)||$61,500||$70,260||$79,020||$87,780||$94,860||$101,880||$108,900||$115,920|
Hillsdale Townhouses was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
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.
Hillsdale Townhouses is managed by MidPen Housing.