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BMR

BMR

Below Market Rate Rental Program

 

Here at Santana Terrace, we offer a program that is designed to facilitate the housing needs of moderate-income households. Residency at this community requires that applicants meet certain qualifying standards established by the government. This program is not connected with Section 8; however, we do accept Section 8 participants.

Eligibility for this program is limited to those households having moderate incomes as shown below. In this county, the maximum allowable incomes (by household size) are as follows:

MINIMUM YEARLY INCOME BEFORE TAXES

ONE BEDROOM

TWO BEDROOM

$87,930

$102,090


MAXIMUM YEARLY INCOME LIMIT BEFORE TAXES

HOUSEHOLD SIZE

MEDIUM (100%)

1 PERSON

$126,900

2 PERSON

$145,050

3 PERSON

$163,150

4 PERSON

$181,300

5 PERSON

$195,800

 

STARTING RENT

APARTMENT SIZE

MEDIUM INCOME (100%)

1 BEDROOM

$2,931*

2 BEDROOM

$3,403*

 

To join our wait list please visit the HouseKeys website to find out how you can enter the drawing and make Santana Terrace your next home!