Met South

2128 Monterey Road, San Jose, California 95112

Met South is Phase II of a two Phase development. Met south opened it’s doors in July 2018. 
The development consists of 30 affordable apartments and 1 manager’s unit in a 3-story elevator building. Met North and Met South share a separate 2- story parking garage which will provide ample car, motorcycle, & secure bicycle storage for residents, and a stand-alone community building that contains a multipurpose room & community kitchen. 
The community is conveniently located along the Monterey and Tully bus lines, which provide ample connections to Light Rail and CalTrain. Work opportunities and amenities such as retail, grocery stores and restaurants are all easily accessible from the site. 
The building is designed in accordance with Green Building Guidelines and implements state of the art building technologies in an effort to promote energy efficiency and sustainability. Amenities also include staff & service provider offices and laundry facilities. Combined with Met North there are two outdoor community areas totaling approximately 1/3 of an acre for children and adults to play and relax.

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Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Met South Details

  • 31 studio, one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • Garage
  • Bicycle Storage
  • Energy Efficient Design
  • Laundry Facility
  • Community Kitchen

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.

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 Met South.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Low Income (60%) $70,800 $80,880 $91,020 $101,100 $109,200 $117,300 $125,400 $133,500

Met South is managed by Charities Housing.

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