Affordable Housing Hub
Low Income (LIHTC)

Village Green Apts

1525 Margareta Pl, Gilroy, CA, 95020

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Village Green Apts offers 75 units of affordable housing in Gilroy, California, with 74 units designated as low-income housing serving elderly residents. The community features a mix of 53 one-bedroom and 22 two-bedroom apartments and has been in operation since 2003. The property is financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.

Property Details

Total Units
75
1 Bedroom
53
2 Bedroom
22

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$34,800
Very Low (50%)
$58,000
Low (80%)
$82,450
2 Persons
Extremely Low (30%)
$39,800
Very Low (50%)
$66,300
Low (80%)
$94,200
3 Persons
Extremely Low (30%)
$44,750
Very Low (50%)
$74,600
Low (80%)
$106,000
4 Persons
Extremely Low (30%)
$49,700
Very Low (50%)
$82,850
Low (80%)
$117,750
5 Persons
Extremely Low (30%)
$53,700
Very Low (50%)
$89,500
Low (80%)
$127,200
6 Persons
Extremely Low (30%)
$57,700
Very Low (50%)
$96,150
Low (80%)
$136,600
7 Persons
Extremely Low (30%)
$61,650
Very Low (50%)
$102,750
Low (80%)
$146,050
8 Persons
Extremely Low (30%)
$65,650
Very Low (50%)
$109,400
Low (80%)
$155,450

Tax Credit Program Details

Year Placed in Service
2003
LIHTC Credit Type
4%
Low-Income Units
74 / 75
Target Population
Elderly
Funding Programs
Tax-Exempt Bond

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 Village Green Apts is typically 30% of household income or less.

What size apartments are available at Village Green Apts?+

Village Green Apts offers the following unit types: 53 One-Bedroom, 22 Two-Bedroom units, for a total of 75 units.

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, 2-bedroom: $3132. Actual rent at Village Green Apts may be lower for income-eligible households.

How do I apply for housing at Village Green Apts?+

Village Green 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.

Who is eligible to live at Village Green Apts?+

Village Green Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Village Green Apts?+

Village Green Apts is managed by . You can reach them at . Visit their website for more information.

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.

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Walk Score

Car-Dependent

48
Walk
49
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Santa Clara County, CA

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