Delaware Pacific is managed by MidPen Housing.
Delaware Pacific is a distinctive, pedestrian-friendly community that provides affordable rental homes for working families with easy access to groceries, retail and public transportation. With new market rate housing just down the street and moderate income housing being built immediately next door, Delaware Pacific is an integral part of the City of San Mateo's vision to provide many housing options for workers with a broad spectrum of incomes. An exceptional model for transit-oriented infill development, Delaware Pacific transformed the vacant site of San Mateo's former police station into a vibrant affordable housing community for 60 families and individuals and is located within a half mile of Caltrain and major bus lines.
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 |
The Delaware Pacific waiting list is closed until further notice. Delaware Pacific is not currently accepting applications.
Last updated on September 25th, 2018Generally, 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 Mateo but actual income limits may differ for units at Delaware Pacific.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $65,050 | $74,350 | $83,650 | $92,900 | $100,350 | $107,800 |
Low Income (60%) | $78,060 | $89,220 | $100,380 | $111,480 | $120,420 | $129,360 |
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.
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.