Villa Torre Family Apartments Phase I & II is managed by CARE (California Real Estate Management).
Villa Torre is ideally located near a large regional park, public transit, bus routes, and is a short distance from the renovated and historical downtown san Jose. As a resident you have easy access to major freeways, public schools, San Jose State University, grocery stores, shopping and two major hospitals.
Villa Torre offers one, two and three bedroom affordable Family units. A portion of the community is constructed over the parking garage with all three stories serviced by elevators for your convenience.
Villa Torre is a beautiful place to call home. In addition to the great location you will enjoy the convenience of laundry facilities, exercise room, TV room, community room w/kitchen, and a playground area for the children
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 715 | Call for Price |
2 Bedroom (2/1.5) | 1007 | Call for Price |
3 Bedroom (3/1.5) | 1141 | 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 the Low-Income Housing Tax Credit program in San Jose but actual income limits may differ for units at Villa Torre Family Apartments Phase I & II.
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 |
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.