Moonridge is managed by MidPen Housing.
The opening of Moonridge, developed in two parts, marked the marked the successful conclusion of a 15-year effort to develop affordable housing for farmworker families on the San Mateo County coast. MidPen Housing Services coordinates several services at Moonridge, including classes provided by the College of San Mateo and early childhood development services from Head Start. The development also features a computer center funded by Intel and several community gardens that are tended by residents. The turn-of-the-century farmhouse-style architecture with buildings in clusters gives Moonridge the feel of a small town. Moonridge has been awarded the prestigious National Low-Income Tax Credit Coalition's Award: Best Rural Project in the Nation, Pacific Coast Builders Conference's Gold Nugget Award and an award from the California Council of the American Institute of Architects.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | - | Income Based |
3 Bedroom (3/1) | - | Income Based |
4 Bedroom (4/1) | - | Income Based |
Moonridge is not currently accepting applications.
Last updated on July 31st, 2019Generally, 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 Half Moon Bay but actual income limits may differ for units at Moonridge.
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 |
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.