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Timberwood Apartments

3903 Seven Trees Blvd, San Jose, California 95111

MidPen purchased Timberwood, formerly a market-rate complex, and restructured the terms in order to transform it into high-quality affordable rental housing for families. The garden-style units are well designed and feature large walk-in closets, modern kitchens, and newly painted and carpeted interiors. Common areas are landscaped and offer facilities for community gatherings, as well as a large swimming pool and recreation room. Timberwood residents have easy access to the major freeways and a large neighborhood shopping center.

Contact Timberwood Apartments

Message Timberwood Apartments

Waiting List is Open Now

To apply to live at Timberwood, please contact the leasing office at 408-578-6800 or submit an online inquiry.

Last updated on July 31st, 2019

Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 400 Call for Price
1 Bedroom (1/1) 500-600 Call for Price
2 Bedroom (2/1) 800 Call for Price

Timberwood Apartments Details

  • 286 0, 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Computer Lab
  • Community Room
  • Courtyard
  • Swimming pool
  • On-site Laundry

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 Timberwood Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $55,300 $63,200 $71,100 $78,950 $85,300 $91,600 $97,900 $104,250
Low Income (60%) $66,360 $75,840 $85,320 $94,740 $102,360 $109,920 $117,480 $125,100

Timberwood Apartments is managed by MidPen Housing.

Image of Timberwood Apartments
Image of Timberwood Apartments

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