Camino Del Rey is managed by FPI Management, Inc..
Camino del Rey Apartments is a new construction, affordable senior apartment community located in Santa Clara, California. Located along El Camino Real, Camino del Rey is designed to provide a comfortable and affordable community for its residents while enhancing the existing neighborhood. The three story “C” shaped building wraps itself around an enclosed landscaped courtyard, which acts as an outdoor extension of the community room with pedestrian access to parking and entry spaces. The architectural style of the project utilizes a mission-style uniform color scheme with contrasting materials and details with subtle punches of accent color in architectural features. Project amenities include a community room, computer room, laundry facility, courtyard area with a barbecue, community gardens, benches, lighting and landscaping, gate, and fencing.
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 Camino Del Rey.
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.