Frequently Asked Questions
501 S. Almaden Avenue
Frequently Asked Questions
What is the proposed development?
In 2021, Satellite Affordable Housing Associates (SAHA) was approached by a private parking lot operator to purchase the site next door to the Arya. SAHA purchased the site in May 2021. The building concept went through several design iterations to reach the current concept for 53 affordable apartments in a mix of studios, one-, two-, and three-bedroom units. The development will also include property management offices, garage parking, and other amenities such as bicycle storage, community rooms, and outdoor open space with a children’s play area. As part of our planning and design efforts, we are working to ensure that the proposed concept is compatible with neighboring land uses.
What experience does SAHA have?
With over 50 years of experience, Satellite Affordable Housing Associates (SAHA) currently owns and manages 70+ properties and over 3,600 units of affordable multi-family housing. SAHA has built a reputation as a leader in affordable housing development, property management, and resident services throughout the Bay Area – in both urban and suburban communities. SAHA provides quality affordable homes and services that empower people and strengthen neighborhoods. Please visit our main website at www.sahahomes.org for more information.
Who will own and manage the development?
SAHA will be the long-term owner and manager of the property. Our professional property management staff carries out all aspects of property management including marketing, maintenance, and strict enforcement of lease provisions and house rules.
How do I apply for housing at the development?
SAHA will begin accepting applications to live at this development approximately six months prior to construction completion. You may subscribe to receive email updates on application availability for this project and all SAHA properties at www.sahahomes.org/apply. Once subscribed, you will be notified immediately as housing applications become available.
What incomes will qualify to live at the development?
The apartment homes at this development will be income-restricted and reserved for households earning between approximately $37,470 and $85,680 annually, depending on household size and other factors. For example, residents working in retail, social services, home health, day care or other service sectors would likely income-qualify for housing at the development.
What does AMI stand for?
AMI stands for “area median income”. When determining affordability levels (in rents or housing prices) and household eligibility, the standard used is that of the County area median income (AMI), adjusted for household size, as estimated by the State Department of Housing and Community Development (HCD) and the federal Department of Housing and Urban Development (HUD). For a household of four, the 2023 median income in Santa Clara County is $178,400. Area median incomes and corresponding affordable rent levels are adjusted annually by HCD and HUD. Typically, the housing that SAHA offers is available to households earning 60% of the area median income or less, although in some cases we may be able to serve households earning up to 80% AMI.
What are the proposed rents?
Rent levels will be determined based on unit size and the targeted household income level as expressed as a percentage of area median income. Based on 2023 data, rents at the proposed development will likely range from approximately $810 per month to $2,500 per month depending on the size of the apartment home and target income level.
Will the building be energy efficient?
Yes! Since 2003, a majority of SAHA’s developments have incorporated renewable energy systems (photovoltaics and/or solar thermal). We have also set an internal goal of achieving a minimum of LEED Silver on all new construction projects and several of our newest developments have earned LEED Platinum rating.
What tenant screening criteria are used to evaluate applicants?
In addition to income verification and any criteria dictated by project funding sources, SAHA uses landlord references, rental history, and criminal history to screen applicants for residency. Tenant selection criteria may be updated from time to time to better align with industry best practices or due to changes in regulatory guidance.
Will pets other than service animals be allowed to live at the development?
Yes! SAHA welcomes common household pets, including one dog or cat per household, and one bird cage, aquarium, or terrarium per household. Pet owners must show proof of any required vaccinations or other medical care and agree to abide by SAHA’s pet rules.
How many parking spaces will the building have?
The parking garage will accommodate 19 spaces. The building is located in an area that is close to high-quality transit and has a WalkScore of 82, indicating a highly walkable location. Parking demand at SAHA’s properties located in similarly walkable and transit-rich locations supports the proposed parking ratio and indicates the building will accommodate parking demand on-site.
What is the development and construction timeline?
A planning permit is under review by the City of San José, and approval is anticipated in summer 2023. After securing planning approvals, we will seek funds to construct the development. At this time, we anticipate the earliest construction could start is December 2025.
Whom can I contact with questions?
If you have questions regarding the proposed development, please contact Michelle Williams via e-mail at mwilliams@sahahomes.org.