The winner of a Gold Nugget Award of Merit from the Pacific Coast Builder's Conference and a Builder's Choice Award of Merit from Builder Magazine, Riverwood Place provides partially-furnished efficiency studios with a kitchenette, bed and dresser. Residents enjoy many amenities and ample community space for organized activities including meetings and classes, bright reading nooks on each floor, and three private, landscaped courtyards with tables and seating. MidPen Resident Services Corp. provides residents with access to social services and onsite trainings and programs. Riverwood Place is situated with access to local shopping centers, a busy business district, universities, an amusement park and a local park. Bus and light rail service stops directly across the street from the community.
To apply to live at Riverwood Place, please contact the leasing office at 408-727-6109 or submit an online inquiry.Last updated on July 31st, 2019
|Studio (Studio/1)||-||Income Based|
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 Santa Clara but actual income limits may differ for units at Riverwood Place.
|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|
Riverwood Place is managed by MidPen Housing.