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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

$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*