Tice Oaks

2150 Tice Valley Blvd, Walnut Creek, California 94595

Contact Tice Oaks

Built in 1981, Tice Oaks is an affordable housing community for seniors in Walnut Creek. MidPen Housing purchased the community in order to preserve its affordability to residents on a permanent basis. Tice Oaks is ideal for senior living. Surrounded by courtyards, It is within one-quarter mile of extensive shopping facilities and has a bus stop at its front door. The Jewish Community Center is located across the street and because Tice Oaks is close to Rossmoor, a large market-rate senior community, residents enjoy easy access to senior services and other facilities in the immediate area.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based

Waiting List is Closed

Tice Oaks is not currently accepting applications.

Last updated on July 31st, 2019

Eligibility for Tice Oaks

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Walnut Creek but actual income limits may differ for units at Tice Oaks.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$31,050	$35,500	$39,950	$44,350	$47,900	$51,450	$55,000	$58,550
50%	$51,800	$59,200	$66,600	$73,950	$79,900	$85,800	$91,700	$97,650
80%	$78,550	$89,750	$100,950	$112,150	$121,150	$130,100	$139,100	$148,050

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 Walnut Creek but actual income limits may differ for units at Tice Oaks.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$51,800	$59,200	$66,600	$73,950	$79,900	$85,800	$91,700	$97,650
Low Income (60%)	$62,160	$71,040	$79,920	$88,740	$95,880	$102,960	$110,040	$117,180

Tice Oaks Details

91 one bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Computer Lab
Laundry Facilities
Courtyard

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

HOME Investment Partnerships Program

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.