About This Property
Cottonwood Place contains 97 low-income units in Fremont and serves elderly residents. The property, which opened in 2012, includes 89 one-bedroom and nine two-bedroom apartments and operates under 4% LIHTC tax credit compliance. A non-profit organization owns and manages the community, which was financed through HOME, CDBG, and tax-exempt bond funding.
Property Details
Fair Market Rent - Alameda County, CA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,825 |
| 1 Bedroom | $2,131 |
| 2 Bedroom | $2,590 |
| 3 Bedroom | $3,342 |
| 4 Bedroom | $3,954 |
Income Limits - Alameda County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $28,800
- Very Low (50%)
- $47,950
- Low (80%)
- $76,750
- Extremely Low (30%)
- $32,900
- Very Low (50%)
- $54,800
- Low (80%)
- $87,700
- Extremely Low (30%)
- $37,000
- Very Low (50%)
- $61,650
- Low (80%)
- $98,650
- Extremely Low (30%)
- $41,100
- Very Low (50%)
- $68,500
- Low (80%)
- $109,600
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $74,000
- Low (80%)
- $118,400
- Extremely Low (30%)
- $47,700
- Very Low (50%)
- $79,500
- Low (80%)
- $127,150
- Extremely Low (30%)
- $51,000
- Very Low (50%)
- $84,950
- Low (80%)
- $135,950
- Extremely Low (30%)
- $54,300
- Very Low (50%)
- $90,450
- Low (80%)
- $144,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $28,800 | $47,950 | $76,750 |
| 2 Persons | $32,900 | $54,800 | $87,700 |
| 3 Persons | $37,000 | $61,650 | $98,650 |
| 4 Persons | $41,100 | $68,500 | $109,600 |
| 5 Persons | $44,400 | $74,000 | $118,400 |
| 6 Persons | $47,700 | $79,500 | $127,150 |
| 7 Persons | $51,000 | $84,950 | $135,950 |
| 8 Persons | $54,300 | $90,450 | $144,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fremont, CA?+
The Fair Market Rent (FMR) for Alameda County, CA is: $1825 (Studio), $2131 (1BR), $2590 (2BR), $3342 (3BR), $3954 (4BR). Actual rent at subsidized properties like Cottonwood Place is typically 30% of household income or less.
What size apartments are available at Cottonwood Place?+
Cottonwood Place offers the following unit types: 89 One-Bedroom, 9 Two-Bedroom units, for a total of 97 units.
Who manages Cottonwood Place?+
Cottonwood Place is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Alameda County, CA?+
For a 4-person household in Alameda County, CA, the income limits are: Extremely Low Income (30% AMI): $41,100, Very Low Income (50% AMI): $68,500, Low Income (80% AMI): $109,600. These limits are set by HUD and updated annually.
Who is eligible to live at Cottonwood Place?+
Cottonwood Place primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Cottonwood Place?+
Cottonwood Place is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Fremont, CA?+
Based on Fair Market Rent for Alameda County, the estimated price range is: 1-bedroom: $2131, 2-bedroom: $2590. Actual rent at Cottonwood Place may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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