About This Property
Peninsula Station offers 68 units in San Mateo, with 67 designated as low-income housing serving families. The property features a mix of one-, two-, and three-bedroom units, with 32 two-bedroom and 28 three-bedroom apartments available. Placed in service in 2010, the property is non-profit owned and financed through 9% Low-Income Housing Tax Credits.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in San Mateo, 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 Peninsula Station is typically 30% of household income or less.
What size apartments are available at Peninsula Station?+
Peninsula Station offers the following unit types: 8 One-Bedroom, 32 Two-Bedroom, 28 Three-Bedroom units, for a total of 68 units.
Who is eligible to live at Peninsula Station?+
Peninsula Station 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 Peninsula Station?+
Peninsula Station 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 Peninsula Station?+
Peninsula Station is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in San Mateo, CA?+
Based on Fair Market Rent for San Mateo County, the estimated price range is: 1-bedroom: $2818, 2-bedroom: $3359, 3-bedroom: $4112. Actual rent at Peninsula Station may be lower for income-eligible households.
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.
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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