Paulson Park I & II is managed by MidPen Housing.
Paulson Park demonstrates MidPen's skill in preserving and maximizing a major housing asset over several decades. In 1973, 149 units were built using HUD project-based Section 8 subsidies. In 1998, MidPen purchased the property, preventing its conversion to market-rate housing. To provide more housing, MidPen completed 104 new units on underutilized space. A renovation of the grounds was one of the first to follow environmental guidelines of Santa Clara County, and included drought-tolerant plants and high-efficiency irrigation. Green building measures including solar panels, high-performance windows, and insulated siding were added to all units. Residents also enjoy private patios, community vegetable gardens, a computer lab, fitness center, and several recreation and gathering rooms surrounded in a park-like setting. Paulson Park earned recognition as a Reader's Choice Finalist from Affordable Housing Finance magazine in 2009.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
Paulson Park Phase I and Phase II waiting list is open until February 13, 2023.
The rental office will accept completed applications until February 13, 2023 during office hours. All applications will be date/time stamped at the time received. Fax or email or mail in applications will be accepted. If sending by US Mail, the application must be postmarked by February 13, 20
Last updated on February 14th, 2023Since 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.