About This Property
Alpha Point At Foster Square provides 66 affordable units in Foster City, San Mateo County, with a unit mix of 65 one-bedroom and 1 two-bedroom apartments. The property was placed in service in 2015 and operates under a 9% Low Income Housing Tax Credit program with HOME funding. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - San Mateo 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 | $2,292 |
| 1 Bedroom | $2,818 |
| 2 Bedroom | $3,359 |
| 3 Bedroom | $4,112 |
| 4 Bedroom | $4,473 |
Income Limits - San Mateo County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $38,400
- Very Low (50%)
- $63,950
- Low (80%)
- $102,450
- Extremely Low (30%)
- $43,850
- Very Low (50%)
- $73,100
- Low (80%)
- $117,100
- Extremely Low (30%)
- $49,350
- Very Low (50%)
- $82,250
- Low (80%)
- $131,750
- Extremely Low (30%)
- $54,800
- Very Low (50%)
- $91,350
- Low (80%)
- $146,350
- Extremely Low (30%)
- $59,200
- Very Low (50%)
- $98,700
- Low (80%)
- $158,100
- Extremely Low (30%)
- $63,600
- Very Low (50%)
- $106,000
- Low (80%)
- $169,800
- Extremely Low (30%)
- $68,000
- Very Low (50%)
- $113,300
- Low (80%)
- $181,500
- Extremely Low (30%)
- $72,350
- Very Low (50%)
- $120,600
- Low (80%)
- $193,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $38,400 | $63,950 | $102,450 |
| 2 Persons | $43,850 | $73,100 | $117,100 |
| 3 Persons | $49,350 | $82,250 | $131,750 |
| 4 Persons | $54,800 | $91,350 | $146,350 |
| 5 Persons | $59,200 | $98,700 | $158,100 |
| 6 Persons | $63,600 | $106,000 | $169,800 |
| 7 Persons | $68,000 | $113,300 | $181,500 |
| 8 Persons | $72,350 | $120,600 | $193,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Foster City, CA?+
The Fair Market Rent (FMR) for San Mateo County, CA is: $2292 (Studio), $2818 (1BR), $3359 (2BR), $4112 (3BR), $4473 (4BR). Actual rent at subsidized properties like Alpha Point At Foster Square Fka Foster Square is typically 30% of household income or less.
What size apartments are available at Alpha Point At Foster Square Fka Foster Square?+
Alpha Point At Foster Square Fka Foster Square offers the following unit types: 65 One-Bedroom, 1 Two-Bedroom units, for a total of 66 units.
What are the income limits for affordable housing in San Mateo County, CA?+
For a 4-person household in San Mateo County, CA, the income limits are: Extremely Low Income (30% AMI): $54,800, Very Low Income (50% AMI): $91,350, Low Income (80% AMI): $146,350. These limits are set by HUD and updated annually.
How do I apply for housing at Alpha Point At Foster Square Fka Foster Square?+
Alpha Point At Foster Square Fka Foster Square 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 Alpha Point At Foster Square Fka Foster Square?+
Alpha Point At Foster Square Fka Foster Square is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Foster City, CA?+
Based on Fair Market Rent for San Mateo County, the estimated price range is: 1-bedroom: $2818, 2-bedroom: $3359. Actual rent at Alpha Point At Foster Square Fka Foster Square 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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