801 Alma

801 Alma St, Palo Alto, California 94301

801 Alma Family Apartments is located in downtown Palo Alto near commercial services, parks and the Palo Alto Multi-modal Transit Center (Caltrain, VTA, SamTrans and local shuttles).

The building is four stories over one level of underground parking. Common spaces include a front porch gathering area, a lobby, a large community room, management offices, an outdoor landscaped courtyard with benches, a bike rack and indoor bike storage, a children’s play yard, a computer learning center, and a laundry room with a deck overlooking the entry area. An elevator services all floors including the garage.

The community is three blocks from University Avenue, a vibrant commercial retail district with shopping, dining and other services including a major medical clinic. A popular pedestrian and bike tunnel connects 801 Alma to amenities west of Alma Street including Palo Alto’s extensive bike lane system.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1)	-	Call for Price

Eligibility for 801 Alma

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 Palo Alto but actual income limits may differ for units at 801 Alma.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$62,450	$71,400	$80,300	$89,200	$96,350	$103,500
Low Income (60%)	$74,940	$85,680	$96,360	$107,040	$115,620	$124,200

801 Alma Details

49 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Community Room
Laundry Room
Bicycle Storage
Computer Room

Low-Income Housing Tax Credit (LIHTC)

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.