Sierra Vista I Apartments is managed by Charities Housing.
Sierra Vista I Apartments, a 34-unit complex located in the City of Mountain View, was acquired by Charities Housing under the Title Six Preservation Program of the Department of Housing and Urban Development, where the property obtained a project based Section 8 contract. The development has a mix of two, three and four bedroom townhouse style units and serve very low-income families. Acquisition and rehabilitation costs for the project were financed through tax exempt bonds and FHA insurance. Resident elected members from the complex sit on the Board of Directors. Supportive services from Catholic Charities are also available to the residents of the complex.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 810 | Call for Price |
Three Bedroom (3/1) | 1070 | Call for Price |
Four Bedroom (4/2) | 1230 | Call for Price |
Last updated on October 18th, 2019
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 Mountain View but actual income limits may differ for units at Sierra Vista I Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $37,450 | $42,800 | $48,150 | $53,500 | $57,800 | $62,100 | $66,350 | $70,650 |
50% | $62,450 | $71,400 | $80,300 | $89,200 | $96,350 | $103,500 | $110,650 | $117,750 |
80% | $96,000 | $109,700 | $123,400 | $137,100 | $148,100 | $159,050 | $170,050 | $181,000 |
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 Mountain View but actual income limits may differ for units at Sierra Vista I Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $62,450 | $71,400 | $80,300 | $89,200 | $96,350 | $103,500 | $110,650 | $117,750 |
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.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.