The latest approved plan includes 356 affordable homes across the larger development. Town Square West is the first major phase and includes 232 of those affordable residences.
Town Square West is currently planned to include 1,369 homes:
- 232 affordable family rental homes
- 744 market-rate rental homes
- 393 market-rate homes intended for sale
Eden Housing is developing the 232 affordable apartments. Current project information indicates that approximately half are expected to be family-size two- and three-bedroom apartments. Most are expected to serve households earning no more than approximately 50% of area median income.
Final income limits, rents, household requirements and application procedures must be confirmed when the official leasing process is announced.
Are The Rise Affordable Homes Rentals or Homes for Sale?
The 232 affordable homes announced for Town Square West are planned as rental apartments. They should not be confused with the 393 market-rate residences intended for sale in the same phase.
No official announcement has established that the 393 for-sale residences will be part of Cupertino’s BMR ownership program. Pricing, floor plans, HOA dues, deposit requirements and the public sales schedule for those homes have not yet been released.
| Housing type | Number of homes | Current status |
|---|---|---|
| Affordable family rentals | 232 | Planned with Eden Housing; public application dates have not been announced |
| Market-rate rentals | 744 | Planned for Town Square West |
| Market-rate homes for sale | 393 | Planned; pricing, floor plans and sales dates have not been released |
Is The Rise BMR Waitlist Open?
There is not currently a separate public application or official waitlist specifically announced for the 232 affordable apartments at The Rise.
The City of Cupertino also maintains citywide BMR rental and ownership programs covering properties throughout Cupertino. The current citywide BMR rental and ownership waitlists are closed. Those lists are separate from any future application process that may be created specifically for the affordable apartments at The Rise.
When an official application process is announced, it should explain:
- When the application period opens and closes
- Whether applicants will be selected through a lottery or ranked waitlist
- Applicable household income limits
- Minimum and maximum household sizes for each apartment
- Residency, employment or public-employee preferences
- Asset and property-ownership restrictions
- Required financial and household documentation
- Expected rents and occupancy dates
People who join my independent update list will receive important project information as it becomes available. Applicants will still need to submit an official application through the designated housing organization when the application period opens.
Who May Qualify for Cupertino BMR Housing?
Eligibility depends on the individual development and whether someone is applying for a rental or ownership opportunity. Requirements may include household income, household size, assets, current property ownership, first-time homebuyer status and agreement to occupy the home as a primary residence.
Cupertino’s existing BMR rental program generally serves qualifying households within designated income categories. The city’s BMR ownership program is designed for qualifying first-time homebuyers and includes occupancy and resale restrictions intended to preserve affordability.
Applicants who live or work in Cupertino may receive preference under the citywide program. Public employees working in Cupertino may qualify for an additional preference. However, the final rules for The Rise affordable apartments have not been announced and could differ from the city’s current general program.
Income limits and other eligibility standards are updated periodically. Applicants should use the requirements in effect when the official application period opens rather than relying on older income figures.
What Should Potential Applicants Prepare?
The final document requirements for The Rise have not been released. Affordable-housing applications commonly require applicants to document their complete household and financial situation.
Potential applicants may eventually need items such as:
- Government-issued identification for adult household members
- Recent pay stubs or other income documentation
- Federal and state tax returns
- Bank and investment account statements
- Employment verification
- Documentation showing household size
- Proof of Cupertino residency or employment if a preference is offered
- Information about real estate owned in the United States or another country
Do not submit financial documents through the contact form on this page. The form is only for requesting project updates. Personal and financial documents should be provided only through the official application system after an application period is announced.
When Will The Rise Affordable Homes Be Available?
The first residents at The Rise have been projected to move in as early as late 2028. That schedule remains subject to financing, permitting, construction progress and other changes.
An anticipated occupancy year is not the same as an application-opening date. Affordable-housing applications may begin before a building is ready for residents, but no official application date has been announced for the 232 apartments.
I will continue monitoring information from the City of Cupertino, the developer and the organizations involved with the affordable-housing component. This page and my independent update list will focus on confirmed developments rather than speculation.
What About the Market-Rate Homes for Sale?
Town Square West also includes 393 residences currently intended for market-rate sale. These homes are separate from the 232 affordable rental apartments.
Pricing, ownership floor plans, HOA information and the public sales schedule have not yet been released. Buyers interested in purchasing at The Rise can join my separate market-rate buyer interest list.
Join the Market-Rate Buyer Interest List
I am not the developer or the project sales office, but I have been in contact with the developer and have followed The Rise through its planning, approval and early development stages. My role is to provide independent information and, if buyer representation is available when sales begin, help buyers evaluate the project from their side of the transaction.
More Information About The Rise and Cupertino Housing
- 95014 Real Estate and Development Guide
- The Rise Cupertino Live Construction and Housing Updates
- The Rise Market-Rate Homes for Sale Interest List
- Cupertino Real Estate Guide and Homes for Sale
- City of Cupertino Housing Department
- City of Cupertino Record for The Rise
Frequently Asked Questions
How many affordable homes are planned at The Rise Cupertino?
Town Square West is currently planned to include 232 affordable family rental homes. They are part of the first phase’s 1,369 total residences.
Will the affordable homes at The Rise be available to purchase?
The 232 affordable homes announced for Town Square West are rental apartments. The phase also includes 393 planned market-rate homes for sale, but those residences have not been announced as BMR ownership homes.
Is the affordable-housing waitlist for The Rise open?
No separate public application or official waitlist specifically for the 232 affordable apartments at The Rise has been announced. Cupertino’s current citywide BMR rental and ownership waitlists are also closed.
Does joining Bruce Wagg’s list count as an official BMR application?
No. This is an independent information list for people interested in The Rise. Joining it does not place anyone on an official City of Cupertino, developer, property-management or affordable-housing waitlist.
Who will accept the official applications?
The organization responsible for accepting applications for The Rise affordable apartments has not yet been publicly identified. When the City or housing provider announces the official process, applicants will need to apply directly through the designated organization.
When could the first homes at The Rise be completed?
Initial occupancy has been projected for as early as late 2028, subject to change. No application date has been announced for the 232 affordable apartments.
This page is provided for general informational purposes. Affordable-housing requirements, income limits, waitlist procedures, rents and construction schedules can change. Applicants should verify all information through the official application materials when they become available.