1400 San Leandro Boulevard, San Leandro, CA 94577
Waiting List Forecast: Likely Short or None
Verified for 2020 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
Located on a former BART parking lot adjacent to the San Leandro BART Station, Marea Alta includes 115 rental apartments affordable to households earning 30-55% of Area Median Income. Building amenities include a community room with full kitchen, laundry facilities, bike storage, and a landscaped courtyard with gathering space and a children’s play structure.
Marea Alta also includes a child care center that will be operated by Davis Street Family Resource Center, as well as the creation of more than 240 below-grade parking spaces for BART patrons. Removal of the former parking lot, combined with the addition of ground floor community-serving space, enriches San Leandro Boulevard and promotes pedestrian activity.
Marea Alta was constructed with an innovative design-build process to increase project efficiencies. While Marea Alta was BRIDGE’s first modular project, the technique will be used again for the second phase of the master-planned site: San Leandro Senior Apartments, 85 affordable apartment homes for seniors.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Marea Alta does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (1/1) | - | Call for Price† |
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year | $79,900 / year | $85,800 / year |
| 50% AMI for PBRA Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year | $79,900 / year | $85,800 / year |
| 60% AMI for LIHTC Units | $62,160 / year | $71,040 / year | $79,920 / year | $88,740 / year | $95,880 / year | $102,960 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Marea Alta have a waiting list?
Marea Alta probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Marea Alta?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Marea Alta?
Marea Alta is managed by Bridge Housing headquartered in San Francisco , Ca.
In addition to Marea Alta, how many other affordable housing properties (and units) are there in San Leandro?
In addition to Marea Alta, we list 28 other affordable properties in San Leandro. Learn about these properties here. Our data research shows that there are a total of 1054 affordable units in San Leandro.
15370 Tropic Ct, San Leandro, California 94579
1300 Kentwood Ln, San Leandro, California 94578
2103 E 14th St, San Leandro, California 94577
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