About This Property
1701 Martin Luther King Jr. Way is a 26-unit affordable housing property in Oakland that has served residents since 2015. The building contains 25 low-income units with a mix of 5 studios, 20 one-bedroom, and 1 two-bedroom apartments, designed to serve individuals experiencing homelessness and people with disabilities. The property receives funding through HOME and utilizes 9% Low-Income Housing Tax Credits.
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 Oakland, 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 1701 Martin Luther King Jr. Way is typically 30% of household income or less.
What size apartments are available at 1701 Martin Luther King Jr. Way?+
1701 Martin Luther King Jr. Way offers the following unit types: 5 Studio, 20 One-Bedroom, 1 Two-Bedroom units, for a total of 26 units.
What is the price range for apartments in Oakland, CA?+
Based on Fair Market Rent for Alameda County, the estimated price range is: 1-bedroom: $2131, 2-bedroom: $2590. Actual rent at 1701 Martin Luther King Jr. Way may be lower for income-eligible households.
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 1701 Martin Luther King Jr. Way?+
1701 Martin Luther King Jr. Way primarily serves persons with disabilities, formerly homeless individuals, HIV/AIDS. 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 1701 Martin Luther King Jr. Way?+
1701 Martin Luther King Jr. Way 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.
Who manages 1701 Martin Luther King Jr. Way?+
1701 Martin Luther King Jr. Way is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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