About This Property
Monticelli Apts offers 52 units in Gilroy, including 51 low-income units designated for families. The property contains 26 one-bedroom and 26 three-bedroom apartments and has been in service since 2002. Financing through tax-exempt bonds and 4% LIHTC credits supports affordability for residents.
Property Details
Fair Market Rent - Santa Clara 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 | $2,383 |
| 1 Bedroom | $2,694 |
| 2 Bedroom | $3,132 |
| 3 Bedroom | $4,011 |
| 4 Bedroom | $4,425 |
Income Limits - Santa Clara County, CA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $34,800
- Very Low (50%)
- $58,000
- Low (80%)
- $82,450
- Extremely Low (30%)
- $39,800
- Very Low (50%)
- $66,300
- Low (80%)
- $94,200
- Extremely Low (30%)
- $44,750
- Very Low (50%)
- $74,600
- Low (80%)
- $106,000
- Extremely Low (30%)
- $49,700
- Very Low (50%)
- $82,850
- Low (80%)
- $117,750
- Extremely Low (30%)
- $53,700
- Very Low (50%)
- $89,500
- Low (80%)
- $127,200
- Extremely Low (30%)
- $57,700
- Very Low (50%)
- $96,150
- Low (80%)
- $136,600
- Extremely Low (30%)
- $61,650
- Very Low (50%)
- $102,750
- Low (80%)
- $146,050
- Extremely Low (30%)
- $65,650
- Very Low (50%)
- $109,400
- Low (80%)
- $155,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $34,800 | $58,000 | $82,450 |
| 2 Persons | $39,800 | $66,300 | $94,200 |
| 3 Persons | $44,750 | $74,600 | $106,000 |
| 4 Persons | $49,700 | $82,850 | $117,750 |
| 5 Persons | $53,700 | $89,500 | $127,200 |
| 6 Persons | $57,700 | $96,150 | $136,600 |
| 7 Persons | $61,650 | $102,750 | $146,050 |
| 8 Persons | $65,650 | $109,400 | $155,450 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Gilroy, CA?+
The Fair Market Rent (FMR) for Santa Clara County, CA is: $2383 (Studio), $2694 (1BR), $3132 (2BR), $4011 (3BR), $4425 (4BR). Actual rent at subsidized properties like Monticelli Apts is typically 30% of household income or less.
What size apartments are available at Monticelli Apts?+
Monticelli Apts offers the following unit types: 26 One-Bedroom, 26 Three-Bedroom units, for a total of 52 units.
Who is eligible to live at Monticelli Apts?+
Monticelli Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Gilroy, CA?+
Based on Fair Market Rent for Santa Clara County, the estimated price range is: 1-bedroom: $2694, 3-bedroom: $4011. Actual rent at Monticelli Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Santa Clara County, CA?+
For a 4-person household in Santa Clara County, CA, the income limits are: Extremely Low Income (30% AMI): $49,700, Very Low Income (50% AMI): $82,850, Low Income (80% AMI): $117,750. These limits are set by HUD and updated annually.
Who manages Monticelli Apts?+
Monticelli Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Monticelli Apts?+
Monticelli Apts 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Monticelli Apts
The Redwoods + Wheeler Manor; Scattered-Site
Gilroy, CA
141 UnitsThe Redwoods Wheeler Manor; Scattered-Site
Gilroy, CA
141 UnitsLilly Gardens Apts
Gilroy, CA
84 UnitsSunset Gardens
Gilroy, CA
75 UnitsPlum Tree Apts
Gilroy, CA
70 UnitsMonterra Village
Gilroy, CA
34 Units