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Affordable Housing at Almaden Lake Village

Almaden Lake Village is proud to offer affordable housing under the Low Income Program in partnership with the City of San Jose. The program aims to increase affordable housing opportunities in San Jose and ensure that homes remain affordable over time.

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Qualification Requirements

The Program requires that all applicants complete a Tenant Income Certification Form at both Initial Certification and Annual Recertification and provide the following income documents. Additional documents may be requested if needed to determine eligibility through the City of San Jose’s audit requirements.

  • Completed Tenant Income Certification Questionnaire.

  • Paycheck stubs from the (3) most recent months from every employer for each employed member of the household.

  • If employed and paystubs are not available, we will consider other sources of employment verification, but is subject to the request of additional documents as needed to determine income eligibility as well as a signed Self Employment Affidavit.

  • Three (3) months of bank statements for the most recent months – all pages from every account. If additional deposits show in the provided bank statements, a separate document can be requested with specified notations for each deposit.

  • One (1) month of account statement reflecting household assets (e.g., savings accounts, stocks, interest-bearing checking accounts, or other assets) - .06% of all household assets over $5,000 are added to your annual gross income.

  • Signed copy of most recent income tax returns, if income taxes were not filed for a given year, we require an official IRS confirmation letter that no tax records are on file for each applicable adult member of the household. We can provide the information on how to obtain this through the IRS website.

  • If receiving other benefits (e.g., Social Security, Disability, Child Support, Alimony, Royalties, Pension, etc.) additional documents may be requested.

Occupancy & Income Limits

Occupancy Limits
Bedrooms Household Size
One Bedroom 1 - 3 Persons
Two Bedroom 2 - 5 Persons
Three Bedroom 3 - 7 Persons

Income Limits
Household Size Maximum Income
1 $74,150
2 $84,750
3 $95,350
4 $105,900
5 $114,400
6 $122,850
7 $131,350

More Information

If you have any questions or would like to apply, please reach out to us at [email protected].

Due to the high volume of inquiries, we’re unable to respond to individual requests regarding your position on the waitlist. Rest assured—we’ll reach out to you directly as soon as your potential home becomes available. We truly appreciate your patience and understanding.