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CITY OF MILPITAS DEPARTMENT OF BUILDING AND HOUSING BELOW MARKET RATE HOUSING PROGRAM APPLICATIONDear Applicant, Thank you for your interest in the City of Milpitas\' Below Market Rate (BMR) Program.

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How to fill out below market rate housing

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Research and identify below market rate housing opportunities in your area.

02

Determine if you meet the eligibility requirements for below market rate housing.

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Complete and submit the application with all required documentation.

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Attend any required interviews or meetings as part of the application process.

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If accepted, follow all guidelines and requirements to maintain your eligibility for below market rate housing.

Who needs below market rate housing?

01

Individuals and families who are facing housing insecurity or are struggling to afford market rate housing.

02

Low-income households who do not qualify for traditional housing assistance programs but still need affordable housing options.

03

Students, seniors, and individuals with disabilities who may have limited income and need below market rate housing to maintain stable housing.

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What is below market rate housing?

Below market rate housing refers to housing units that are offered at a price below the market rate to make them more affordable for low to moderate income individuals and families.

Who is required to file below market rate housing?

Developers or landlords who offer below market rate housing units are required to file the necessary documentation.

How to fill out below market rate housing?

To fill out below market rate housing, developers or landlords must provide information about the unit, the tenant, and income verification.

What is the purpose of below market rate housing?

The purpose of below market rate housing is to provide affordable housing options for individuals and families who may not be able to afford market-rate rents.

What information must be reported on below market rate housing?

Information such as the address of the unit, rent amount, tenant income, and lease terms must be reported on below market rate housing.

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