Cottonwood Place is managed by Eden Housing.
Funded through the HUD 202 Supportive Housing for the Elderly Program and the Low Income Housing Tax Credit Program, Cottonwood Place includes 98 new affordable apartments for low income seniors aged 62 and older. The development also includes 9,035 sq. ft. of clinic and day center space for On Lok Lifeways, a Program of All-inclusive Care for the Elderly (PACE) provider offering medical, social and supportive services to frail seniors to help them age in place.
Cottonwood Place is designed to achieve a high GreenPoint rated score of 200, and is on track to be the greenest multi-family development in California. This innovative community is constructed using sustainable building methods and will incorporate a number of features to ensure its long-term energy-efficiency and sustainability. The development includes an on-site community room, landscaped central courtyard, and raised gardening beds for resident use. The City of Fremont Human Services Department - Senior Support Services Division will provide service coordination to identify needs and connect seniors with community-based services.
For nearly 40 years, On Lok Senior Health Services has helped the older members of our community maintain independence and dignity. On Lok Lifeways innovated the PACE model of care, a customized, community based health care service delivery model which integrates comprehensive medical care, social services, meals, transportation and home care. Designed to help the oldest members of the community remain living in their own homes while receiving essential services and support, the On Lok Lifeways Program is currently meeting the needs of seniors at 10 Bay Area centers. On Lok is pleased to expand to its 11th center in Fremont, in partnership with Eden Housing.
Last updated on October 31st, 2017
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Fremont but actual income limits may differ for units at Cottonwood Place.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $31,050 | $35,500 | $39,950 | $44,350 | $47,900 | $51,450 | $55,000 | $58,550 |
50% | $51,800 | $59,200 | $66,600 | $73,950 | $79,900 | $85,800 | $91,700 | $97,650 |
80% | $78,550 | $89,750 | $100,950 | $112,150 | $121,150 | $130,100 | $139,100 | $148,050 |
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 Fremont but actual income limits may differ for units at Cottonwood Place.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $51,800 | $59,200 | $66,600 | $73,950 | $79,900 | $85,800 | $91,700 | $97,650 |
Low Income (60%) | $62,160 | $71,040 | $79,920 | $88,740 | $95,880 | $102,960 | $110,040 | $117,180 |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
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.
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.