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 |
|
$82,500 |
$119,610 |
MAXIMUM YEARLY INCOME LIMIT BEFORE TAXES
|
HOUSEHOLD SIZE |
MEDIUM (100%) |
|
1 PERSON |
$136,650 |
|
2 PERSON |
$156,150 |
|
3 PERSON |
$175,700 |
|
4 PERSON |
$195,200 |
|
5 PERSON |
$210,800 |
STARTING RENT
|
APARTMENT SIZE |
MEDIUM INCOME (100%) |
|
1 BEDROOM |
$2,950* |
|
2 BEDROOM |
$3,550* |