Low Income (LIHTC)

Savoy

1424 Jefferson St, Oakland, CA, 94612

Information verified May 9, 2026·We re-check waiting list status daily

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About This Property

Savoy is a 102-unit affordable housing property in Oakland that serves low-income residents. The community includes 101 studio apartments and one 1-bedroom unit, with 101 units restricted to low-income households. Placed in service in 2012, the property is non-profit owned and funded through HOME and CDBG programs with 9% LIHTC tax credits.

Property Details

Total Units

102

Studio

101

1 Bedroom

Fair Market Rent - Alameda 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	$1,825
1 Bedroom	$2,131
2 Bedroom	$2,590
3 Bedroom	$3,342
4 Bedroom	$3,954

Income Limits - Alameda County, CA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $28,800
Very Low (50%): $47,950
Low (80%): $76,750

2 Persons

Extremely Low (30%): $32,900
Very Low (50%): $54,800
Low (80%): $87,700

3 Persons

Extremely Low (30%): $37,000
Very Low (50%): $61,650
Low (80%): $98,650

4 Persons

Extremely Low (30%): $41,100
Very Low (50%): $68,500
Low (80%): $109,600

5 Persons

Extremely Low (30%): $44,400
Very Low (50%): $74,000
Low (80%): $118,400

6 Persons

Extremely Low (30%): $47,700
Very Low (50%): $79,500
Low (80%): $127,150

7 Persons

Extremely Low (30%): $51,000
Very Low (50%): $84,950
Low (80%): $135,950

8 Persons

Extremely Low (30%): $54,300
Very Low (50%): $90,450
Low (80%): $144,700

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$28,800	$47,950	$76,750
2 Persons	$32,900	$54,800	$87,700
3 Persons	$37,000	$61,650	$98,650
4 Persons	$41,100	$68,500	$109,600
5 Persons	$44,400	$74,000	$118,400
6 Persons	$47,700	$79,500	$127,150
7 Persons	$51,000	$84,950	$135,950
8 Persons	$54,300	$90,450	$144,700

Tax Credit Program Details

Year Placed in Service

2012

LIHTC Credit Type

Low-Income Units

101 / 102

Funding Programs

HOMECDBG

Designations

Non-ProfitQualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Oakland, CA?+

The Fair Market Rent (FMR) for Alameda County, CA is: $1825 (Studio), $2131 (1BR), $2590 (2BR), $3342 (3BR), $3954 (4BR). Actual rent at subsidized properties like Savoy is typically 30% of household income or less.

What size apartments are available at Savoy?+

Savoy offers the following unit types: 101 Studio, 1 One-Bedroom units, for a total of 102 units.

What is the price range for apartments in Oakland, CA?+

Based on Fair Market Rent for Alameda County, the estimated price range is: 1-bedroom: $2131. Actual rent at Savoy may be lower for income-eligible households.

How do I apply for housing at Savoy?+

Savoy 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.

What are the income limits for affordable housing in Alameda County, CA?+

For a 4-person household in Alameda County, CA, the income limits are: Extremely Low Income (30% AMI): $41,100, Very Low Income (50% AMI): $68,500, Low Income (80% AMI): $109,600. These limits are set by HUD and updated annually.

Who manages Savoy?+

Savoy is managed by . You can reach them at . Visit their website for more information.

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