130 Crescent Ave, Sunnyvale, CA 94087
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
Since this property is a HOME program 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.
Crescent Terrace, affordable rental housing for seniors in the city of Sunnyvale, complements the surrounding residential neighborhood, where apartment buildings are mixed in with single-family homes. The residents of Crescent Terrace enjoy attractively landscaped common areas and walkways. Each apartment has a private balcony or patio. Other amenities include an elevator, air conditioning, a secure entry system, a community room with an adjoining kitchen, a computer center, laundry facilities and a residents’ garden. Crescent Terrace is nestled in an excellent location near shopping, transportation, and community and recreational services.
Because Crescent Terrace participates in HUD's HOME program for rental housing, at least some of the units in this property are set aside for households at or below 60% of the AMI and rents are capped at the local FMR and in many cases much lower. For a project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME program. Since this property participates in the HOME program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (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 Crescent Terrace have a waiting list?
Crescent Terrace 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 Crescent Terrace?
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 Crescent Terrace?
Crescent Terrace is managed by MidPen Housing headquartered in Foster City, CA.
In addition to Crescent Terrace, how many other affordable housing properties (and units) are there in Sunnyvale?
In addition to Crescent Terrace, we list 17 other affordable properties in Sunnyvale. Learn about these properties here. Our data research shows that there are a total of 1370 affordable units in Sunnyvale.
Looking for housing as soon as possible?
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