Bancroft Senior Homes

5636 Bancroft Ave, Oakland, California 94605

Contact Bancroft Senior Homes

Bancroft Senior Homes provides 61 apartments in a 3 story building. This community was built in 2001 to provide affordable housing to very low income residents ages 62 and over. Nearby shopping opportunities and readily accessible public transportation make this a great place to call home.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price

Eligibility for Bancroft Senior Homes

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 Bancroft Senior Homes.

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

Bancroft Senior Homes Details

61 one bedroom units.
Section 202 Supportive Housing for the Elderly
HOME Investment Partnerships Program

Property Amenities

Community Room
Laundry Room
On-Site Parking
Resident Service Coordinator
Accessible Apartments
Resident Activities

Unit Amenities

Refrigerator
Stove

Section 202 Supportive Housing for the Elderly

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.