The all-new Hallmark House Apartments is now open at 531 Woodside Road, providing much needed affordable housing options to Redwood City.
Hallmark House offers 72 one bedroom apartments reserved for low-income residents.
Income limits apply.
Household income must be less than 60% of the median family income as published by HUD for the County Of San Mateo.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | From $2,034 |
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 Redwood City but actual income limits may differ for units at Hallmark House Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $65,050 | $74,350 | $83,650 | $92,900 | $100,350 | $107,800 | $115,200 | $122,650 |
Low Income (60%) | $78,060 | $89,220 | $100,380 | $111,480 | $120,420 | $129,360 | $138,240 | $147,180 |
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.