Bracher Senior Housing is managed by FPI Management, Inc..
The design of Bracher Apartments reflects its unique historical context. The Bracher family sold its long-standing ranch specifically for the creation of affordable senior housing. It was a natural, then, to create a traditional farmhouse theme, emphasizing comfort and beauty. This design supports the active residents at Bracher, who take full advantage of the community room, kitchen and library for their clubs and classes. On-site resident services are available.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | 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 Santa Clara but actual income limits may differ for units at Bracher Senior Housing.
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 |
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.