In partnership with St. Stephen's Lutheran Church and the County of Santa Cruz, MidPen Housing provides 40 low-income seniors, including senior veterans and frail elderly, with new, affordable apartment homes in the Live Oak neighborhood of Santa Cruz. Supportive services staff are onsite to help all residents access a wide range of programs and specific services will be provided in collaboration with the VA Palo Alto Healthcare System HUD-VASH Program and the Health Projects Center. Additional amenities at St. Stephens include private balconies, a community room with kitchen, computer lab, laundry room, fitness center and outdoor bocce ball court. St. Stephens Senior Housing began construction in spring 2016 and welcomed residents summer 2017.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Income Based |
1 Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
Last updated on January 22nd, 2018
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.
Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.