Homestead Park was Sunnyvale’s first subsidized housing development and MidPen Housing’s second new development, renovated in 2001. To provide maximum open space on the ten acre site, three-story buildings with private patios or decks were constructed, a feature praised by the City of Sunnyvale’s Planning Director, who noted that more open space was provided at Homestead Park than was generally encountered in Sunnyvale. Homestead Park shares a community building with neighboring MidPen property, Moulton Plaza, which provides a community room and a computer center. There are also laundry facilities, outdoor common areas, and extensive playgrounds and lawns. Senior units are grouped together nearest to shopping and transportation, with their own laundry room and outdoor common area.
Homestead Park is not currently accepting applications.Last updated on July 31st, 2019
|Studio (Studio/1)||510||Call for Price|
|1 Bedroom (1/1)||655||Call for Price|
|2 Bedroom (2/1)||840||Call for Price|
|3 Bedroom (3/1)||1,215||Call for Price|
|4 Bedroom (4/1)||1,335||Call for Price|
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
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.
Homestead Park is managed by MidPen Housing.