The Aquatic, Berkeley, CA - Affordable Housing Opportunity
Alameda County, California sent this bulletin at 08/12/2015 11:42 AM PDT
The Aquatic, soon to open in Berkeley, CA, will have a few below market rent apartments. Attached you will find the Affordable Housing Questionnaire along with the SWB Living rental application for the Aquatic project located in Berkeley, CA.
Please mark your calendars: the open enrollment period for applicants is from September 15, 2015 - September 25, 2015. All applications must be received by 5 pm on September 25, 2015.
The lottery for below market rent units will be held on September 26, 2015.
Please mail back the completed Questionnaire and application to the following address:
SWB Living
Attention: Aquatic BMR Unit Division
900 Kearney St.
El Cerrito, CA 94530
More information about the development:
Apartments range is square footage from 740 - 767 square feet
APARTMENT FEATURES: Modern finishes, fully equipped kitchen (with microwave, gas stoves,
dishwasher, garbage disposal and refrigerator), washer/dryer in every home.
COMMUNITY AMENITIES: Fitness center, rooftop deck, gardens and covered parking
Households must earn no more than the maximum income levels below:
VERY LOW INCOME APARTMENTS:
Monthly Rent* Maximum Household Income (50% AMI)
One-bedroom: $863 1-person household: $32,550
2 - person household: $37,200
3 - person household: $41,850
4 - person household: $46,450
*Aquatic residents are responsible for gas, electric, phone and cable utilities. BMR rents are
subject to approval by the City of Berkeley.
A ten-day open enrollment period for applicants will take place from September 15, 2015-
September 25, 2015. All applications must be received by 5 pm on September 25, 2015.
The lottery for BMR units will be held on September 26, 2015.
Please call 1-855-979-HOME to request an application by mail or email management@swbliving.com.
**** Construction is on-going through fall of 2015 - anticipated move-in date is mid-November 2015****