Berkeley’s Below Market Rate rentals program needs a lot of tweaks, but BTU is excited to share the city’s announcement that 20 newly-constructed units are opening for applications. A building on San Pablo in South Berkeley is accepting applications for 15 units this week, with three more units opening in September on MLK and Dwight and another four offered on University Avenue near 4th Street.

Apartment owners handle applications themselves, although BTU and Councilman Arreguin have called for a city-wide waitlist for the future. A studio at the Higby on San Pablo will rent for $2200 at market – but a one bedroom will rent for $1,345 to renters who make less than $59,520 a year. Tenants who meet the income limits are encouraged to apply to all three projects, and share info with BTU about how the process really works.

Here is a sample chart with rents and income limits, although some units also are being offered to renters at lower income levels than these.

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The first deadline is Monday, August 10!

Follow this link for details: http://www.ci.berkeley.ca.us/ContentDisplay.aspx?id=110963