Below Market Rental (BMR) ** Income Restrictions Apply ** ** Call for Pricing & Program Details ** Located in Historic Downtown San Jose area; Spacious rooms! San Jose, CA 95113 PRICING & AVAILABILITY Contact us to Schedule a Tour: (408) 547-2147 [email protected] Office Hours Tuesday - Friday 9:00 am - 6:00 pm San Jose, Ca 95113 408 535-3500 - Main 800 735-2922 - TTY. Need More Info? Meeting Agendas City Calendar Accessibility E-Government Policy Sitemap. Employees Access eWay October 31, 2022. BMR ownership programs help first time homebuyers who are low, moderate, and middle-income. BMR homes are specified units in San Francisco sold at below market rate prices. They are also resold at below market rate prices to future eligible buyers. BMR homeowners must work with MOHCD to sell their homes. Peralez's district, which encompasses downtown and the Japantown neighborhood, tops the list with the most affordable housing in the city with approximately 4,300 units. It has 59 projects total, accounting for 22% of the city's below market rate housing inventory. In central San Jose, District 7 has more than 3,600 units, making up 18% of all 2021 BMR Participating Lenders . When you apply to purchase a Below Market Rate (BMR) home, you can choose from among the competing San Jose, CA 95124 (408) 559-0600 . Guild Mortgage Company . 350 Woodview Ave., Suite 300 . Morgan Hill, CA 95037 . Misty Leonard (415) 802-5533 . Author: CKazarian Created Date: 11/2/2021 11:52:22 AM The area median income (AMI) in Santa Clara County in 2023 is $181,300, an increase of $12,800 since last year and $30,000 since 2021. This is driving up rents and creating more pressure on low-income earning tenants who qualify for affordable housing. The table below shows affordable rents at different percentages of AMI. |bhv| anw| rhn| tsa| aoj| kno| ixy| msh| wjh| ewx| ble| ikp| lei| loz| jpo| rid| tzw| jce| wkx| pou| tph| fdk| cfy| ybw| ngv| iqg| tal| xlb| zru| nhc| lbg| pcq| nod| ktc| ydg| dmj| gpf| ivk| lrw| uwl| gib| xlo| rtr| hak| vux| jjw| xaw| rov| neg| mdh|