About This Property
Foundry Lofts Workforce is a 30-unit affordable housing property in Hollister, CA that has been in service since 2011. The community serves families through a mix of studio, one-bedroom, two-bedroom, three-bedroom, and four-bedroom units funded through HOME and financed with 9% Low-Income Housing Tax Credits. This non-profit owned property provides housing options for low-income households in San Benito County.
Property Details
Fair Market Rent - San Benito 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 | $1,707 |
| 1 Bedroom | $1,917 |
| 2 Bedroom | $2,519 |
| 3 Bedroom | $3,550 |
| 4 Bedroom | $4,121 |
Income Limits - San Benito County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,550
- Very Low (50%)
- $34,200
- Low (80%)
- $54,700
- Extremely Low (30%)
- $23,450
- Very Low (50%)
- $39,050
- Low (80%)
- $62,500
- Extremely Low (30%)
- $26,400
- Very Low (50%)
- $43,950
- Low (80%)
- $70,300
- Extremely Low (30%)
- $29,300
- Very Low (50%)
- $48,800
- Low (80%)
- $78,100
- Extremely Low (30%)
- $31,650
- Very Low (50%)
- $52,750
- Low (80%)
- $84,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $56,650
- Low (80%)
- $90,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $60,550
- Low (80%)
- $96,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $64,450
- Low (80%)
- $103,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,550 | $34,200 | $54,700 |
| 2 Persons | $23,450 | $39,050 | $62,500 |
| 3 Persons | $26,400 | $43,950 | $70,300 |
| 4 Persons | $29,300 | $48,800 | $78,100 |
| 5 Persons | $31,650 | $52,750 | $84,350 |
| 6 Persons | $35,580 | $56,650 | $90,600 |
| 7 Persons | $40,120 | $60,550 | $96,850 |
| 8 Persons | $44,660 | $64,450 | $103,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hollister, CA?+
The Fair Market Rent (FMR) for San Benito County, CA is: $1707 (Studio), $1917 (1BR), $2519 (2BR), $3550 (3BR), $4121 (4BR). Actual rent at subsidized properties like Foundry Lofts Workforce is typically 30% of household income or less.
What size apartments are available at Foundry Lofts Workforce?+
Foundry Lofts Workforce offers the following unit types: 1 Studio, 9 One-Bedroom, 6 Two-Bedroom, 12 Three-Bedroom, 3 Four-Bedroom units, for a total of 30 units.
What are the income limits for affordable housing in San Benito County, CA?+
For a 4-person household in San Benito County, CA, the income limits are: Extremely Low Income (30% AMI): $29,300, Very Low Income (50% AMI): $48,800, Low Income (80% AMI): $78,100. These limits are set by HUD and updated annually.
Who is eligible to live at Foundry Lofts Workforce?+
Foundry Lofts Workforce primarily serves families. 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 Foundry Lofts Workforce?+
Foundry Lofts Workforce 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 Hollister, CA?+
Based on Fair Market Rent for San Benito County, the estimated price range is: 1-bedroom: $1917, 2-bedroom: $2519, 3-bedroom: $3550. Actual rent at Foundry Lofts Workforce may be lower for income-eligible households.
Who manages Foundry Lofts Workforce?+
Foundry Lofts Workforce is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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