Acts Cyrene Apartments is managed by Related Companies.
Acts Cyrene Apartments is an affordable, mixed-use community offering 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Property amenities include an on-site community center complete with computer room, tot lot, and a social services office that provides job readiness training. Fourteen (14) units are designated Permanent Supportive Housing (PSH) for those who are homeless or at risk of homelessness.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/2) | - | Call for Price |
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 Oakland but actual income limits may differ for units at Acts Cyrene Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
30% | $31,050 | $35,500 | $39,950 | $44,350 | $47,900 | $51,450 |
50% | $51,800 | $59,200 | $66,600 | $73,950 | $79,900 | $85,800 |
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 Oakland but actual income limits may differ for units at Acts Cyrene Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $51,800 | $59,200 | $66,600 | $73,950 | $79,900 | $85,800 |
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.