Monterey Family Village

2772 Monterey Rd, San Jose, California 95111

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Unit (Bd/Ba)	Ft²	Rent
1 Bedroom1 (1/1)	-	Income Based

Eligibility for Monterey Family Village

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 San Jose but actual income limits may differ for units at Monterey Family Village.

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
Low Income (60%)	$74,940	$85,680	$96,360	$107,040	$115,620	$124,200	$132,780	$141,300

Monterey Family Village Details

72 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Controlled Access
BBQ and Picnic Area
Computer Room
Heat Included

Unit Amenities

Dishwasher
Garbage Disposal

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.