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Affordable Living Option at Terraza Palmera in Oakland, CA Terraza Palmera at St. Joseph's presents an excellent opportunity for individuals and families seeking low-income housing options in Oakland, CA. These rental apartments are supported by the Low-Income Housing Tax Credit (LIHTC) program, ensuring affordability through applicable rent and income restrictions. Builders and developers are incentivized by the LIHTC to provide housing options that cater to individuals with low income. Income-based Rent and AMI Factors The maximum rent for these apartments is determined based on the Area Median Income (AMI). While this ensures affordability for many, it's important to note that the AMI factor may still render this apartment unaffordable to some low-income individuals. We encourage you to check the current rental rates to determine if it falls within your means. Varied Apartment Options Terraza Palmera offers a total of 61 low-income apartments, encompassing one, two, and three-bedroom units. With a range of sizes available, you can choose the option that best fits your needs and preferences. Consider Waiting Lists As is common with most apartment developments, waiting lists may be in place. To explore the possibility of applying and qualifying for residency at Terraza Palmera, we provide the direct contact number. Feel free to reach out to them and inquire about availability. Affordable Housing at Terraza Palmera - Your Opportunity Awaits
1272 26th Ave, Oakland, CA 94601
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