60 N 3rd St, San Jose, CA 95112
Waiting List Forecast: Likely Long or Closed
Verified for 2021 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Town Park Towers, conveniently located close to San Jose’s historic downtown, is a comfortable, secure, residential living facility for low- to moderate-income seniors, age 62 and older. Town Park Towers has studios, alcoves, and one-bedroom apartments, each with a private bath, kitchen, and a balcony. The community, which is culturally diverse and conveniently located near places of worship, physicians’ offices, senior centers, shopping, universities, and many of San Jose’s top attractions—is an ideal retirement community.
Since Town Park Towers participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom One Bath (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $37,450 / year | $42,800 / year | $48,150 / year | $53,500 / year | $57,800 / year | $62,100 / year | $66,350 / year | $70,650 / year |
| 50% AMI for LIHTC Units | $62,450 / year | $71,400 / year | $80,300 / year | $89,200 / year | $96,350 / year | $103,500 / year | $110,650 / year | $117,750 / year |
| 50% AMI for PBRA Units | $62,450 / year | $71,400 / year | $80,300 / year | $89,200 / year | $96,350 / year | $103,500 / year | $110,650 / year | $117,750 / year |
| 80% AMI for PBRA Units | $96,000 / year | $109,700 / year | $123,400 / year | $137,100 / year | $148,100 / year | $159,050 / year | $170,050 / year | $181,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Town Park Towers have a waiting list?
Town Park Towers probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Town Park Towers?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Town Park Towers?
Town Park Towers is managed by Apartmentsmart Generic headquartered in Salisbury, Maryland.
In addition to Town Park Towers, how many other affordable housing properties (and units) are there in San Jose?
In addition to Town Park Towers, we list 183 other affordable properties in San Jose. Learn about these properties here. Our data research shows that there are a total of 20612 affordable units in San Jose.
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Selina Irene says:
"I know of no other website that keeps me better informed. Keep up the good work, Affordable Housing Online!"