About This Property
Laureola Oaks comprises 16 low-income units in San Carlos and has served families since 1994. The property receives 9% Low-Income Housing Tax Credit funding to support its affordable housing mission. This 16-unit development provides rental homes for households meeting the program's income requirements.
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 San Carlos, 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 Laureola Oaks is typically 30% of household income or less.
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.
Who manages Laureola Oaks?+
Laureola Oaks is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Laureola Oaks?+
Laureola Oaks 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 is eligible to live at Laureola Oaks?+
Laureola Oaks primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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