{"id":258,"date":"2023-08-14T17:21:51","date_gmt":"2023-08-14T17:21:51","guid":{"rendered":"https:\/\/www.lakevisioncap.com\/museum-park\/?page_id=258"},"modified":"2023-08-14T17:43:47","modified_gmt":"2023-08-14T17:43:47","slug":"below-market-rate-bmr-affordable-housing","status":"publish","type":"page","link":"https:\/\/www.lakevisioncap.com\/museum-park\/below-market-rate-bmr-affordable-housing\/","title":{"rendered":"Below-Market-Rate (BMR) Affordable Housing"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-margin-top:50px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:50px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><h2 style=\"margin-bottom: 5px;\" data-uw-styling-context=\"true\">Open Waitlist<\/h2>\n<ul>\n<li data-uw-styling-context=\"true\">Apply to our waitlist at <a href=\"https:\/\/housing.sanjoseca.gov\/listings\">San Jose Housing Portal<\/a>\u00a0<\/li>\n<li data-uw-styling-context=\"true\">Households must meet the minimum income requirement of 2.5 times the monthly rent.<\/li>\n<li data-uw-styling-context=\"true\">Households are responsible for the following utilities: electric, cable\/internet, and personal liability insurance.<\/li>\n<li data-uw-styling-context=\"true\">Households cannot exceed the 110% area median income (AMI) for guidelines below:<\/li>\n<\/ul>\n<\/div>\n<div class=\"table-1\">\n<table width=\"95%\">\n<thead>\n<tr>\n<th align=\"left\">Household Size<\/th>\n<th align=\"left\">110% Area Median Income (AMI) Limit<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td align=\"left\">1 Person<\/td>\n<td align=\"left\">$139,590<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">2 Person<\/td>\n<td align=\"left\">$159,500<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">3 Person<\/td>\n<td align=\"left\">$179,520<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">4 Person<\/td>\n<td align=\"left\">$199,430<\/td>\n<\/tr>\n<tr>\n<td align=\"left\">5 Person<\/td>\n<td align=\"left\">$215,380<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center; padding: 0px 5%;\"><em><strong>Disclaimer:<\/strong> The 110% income limits and associated rents are subject to change due to changes in published limits or utility allowances and will be verified at the time applications are processed. <a href=\"https:\/\/www.sanjoseca.gov\/home\/showpublisheddocument\/99795\/638241484745100000\">Download Income &amp; Rent Limits<\/a><\/em><\/p>\n<\/div>\n<div class=\"fusion-text fusion-text-2\"><p>Households must also qualify under the rules of the building. Find out more <a href=\"#\">[here (RQA to be attached)].<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-margin-bottom:50px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-3\"><h2 style=\"margin-bottom: 5px;\">Income<\/h2>\n<p>If you work and receive paystubs, submit:<\/p>\n<ul>\n<li data-uw-styling-context=\"true\">Copies of 3 months consecutive paystubs, beginning with the most recent paystub. Provide employer contact name and email in Payroll\/Human Resources Department which may complete the Employment Verification Form.<\/li>\n<li data-uw-styling-context=\"true\">If hired recently, provide Employment Offer Letter, plus first paystubIf you are Self-Employed, you must:\n<ul>\n<li>Complete a Self-Employed Declaration form<\/li>\n<li>Submit Year-to-Date Profit and Loss statement<\/li>\n<li>Submit most recent Federal Income Tax Returns. Include all Schedules, attachments, and W2(s)<\/li>\n<\/ul>\n<li>Submit Non-Filing Verification from IRS (if applicable) If receiving severance pay, Social Security, unemployment benefits (EDD), retirement\/ Pension income, disability, public assistance, etc., submit:<\/li>\n<li>Most recent benefits letter(s) stating your monthly award If you are Unemployed and have ZERO income, you must:<\/li>\n<li>Complete an Unemployment Declaration form (applicable)<\/li>\n<li>Complete a Certificate of Zero Income form (applicable)<\/li>\n<\/li>\n<\/ul>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-4\"><h2 style=\"margin-bottom: 5px;\">Assets<\/h2>\n<p>&nbsp;<\/p>\n<ul>\n<li>Six (6) consecutive and most recent statements for all Checking, include ALL pages.<\/li>\n<li>One (1) most recent statement for all Savings accounts and all other assets (IE: 401K, Money Market, etc.) and include ALL pages.<\/li>\n<li>A written and signed explanation with supporting documentation for any deposit or recurring, other than that of your documented employment.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-margin-bottom:50px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-5\"><h3 style=\"margin-bottom: 5px;\">Contact Information<\/h3>\n<p><strong>Museum Park<\/strong><br \/>465 W San Carlos St,<br \/>San Jose, CA 95110<\/p>\n<p><strong>Phone:<\/strong> (408) 975-9450<br \/><strong>Email:<\/strong> <a href=\"mailto:Museumparkmgr@greystar.com\">Museumparkmgr@greystar.com<\/a><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-6\"><h3 style=\"margin-bottom: 5px;\">Office Hours<\/h3>\n<p><strong>Monday:<\/strong> CLOSED<br \/><strong>Tuesday:<\/strong> 9 AM to- 6 PM<br \/><strong>Wednesday:<\/strong> 9 AM to- 6 PM<br \/><strong>Thursday:<\/strong> 9 AM to- 6 PM<br \/><strong>Friday:<\/strong> 9 AM to- 6 PM<br \/><strong>Saturday:<\/strong> 9 AM to- 6 PM<br \/><strong>Sunday:<\/strong> CLOSED<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":162,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-258","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - 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