Rivertown Apartments

1340 Hope Dr, Santa Clara, California 95054

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Rivertown Apartments is managed by FPI Management, Inc..

Rivertown is one of three SCCHA projects designated as the affordable housing component of the Rivermark master-planned community at the old Santa Clara Agnews Hospital site. The development plan includes more than 1,800 homes, a new park, elementary school, retail and commercial center, Safeway market, restaurants and more. On-site resident services are available.

Eligibility for Rivertown Apartments

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 Rivertown Apartments.

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

Rivertown Apartments Details

  • 100 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • On-Site Manager
  • Laundry Facilities
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.

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