Peninsula Park Apartments

1977 Tate St, East Palo Alto, California 94303

Eligibility for Peninsula Park Apartments

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 East Palo Alto but actual income limits may differ for units at Peninsula Park Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $65,050 $74,350 $83,650 $92,900 $100,350 $107,800 $115,200 $122,650
Low Income (60%) $78,060 $89,220 $100,380 $111,480 $120,420 $129,360 $138,240 $147,180

Peninsula Park Apartments Details

  • 129 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
Low-Income Housing Tax Credit (LIHTC)

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.

Nearby Low Income Apartment Communities like Peninsula Park Apartments

Nugent Square

2361 University Avenue
East Palo Alto, California
Rent Assisted
LIHTC
HOME
$1,095-1,350
2-3 BR

Light Tree Apartments

1805 E Bayshore Rd
East Palo Alto, California
Rent Assisted
LIHTC

Serenity Senior Apartments

2358 University Ave
East Palo Alto, California
Rent Assisted
LIHTC
Call For Rent
1-2 BR

Woodlands Newell

1761-1767 Woodland Ave
East Palo Alto, California
Rent Assisted
LIHTC
Call For Rent
Studio-4 BR