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Exhibit F City of Burlington Below Market Rate (BMR) Preference Criteria Form for Anson Apartment Rentals Priority of eligibility for tenants shall be ranked as set forth in the following list. Except
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How to fill out below market rate bmr

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How to fill out below market rate bmr

01
Contact the local housing agency or department to inquire about available BMR units
02
Submit an application along with all required documents such as proof of income, identification, and any other requested information
03
Attend any required information sessions or interviews related to the BMR program
04
Upon approval, review and sign the lease agreement for the BMR unit
05
Abide by all rules and regulations set forth by the BMR program and make timely rent payments

Who needs below market rate bmr?

01
Individuals or families with low to moderate incomes who are struggling to afford market rate housing
02
People who qualify based on specific income requirements set by the local housing agency
03
Those interested in securing affordable housing options in expensive real estate markets
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Below Market Rate (BMR) is a housing program that provides rental housing below the prevailing market rate for low and moderate-income households.
Property owners or developers who participate in the BMR program are required to file Below Market Rate (BMR) forms.
To fill out a Below Market Rate (BMR) form, property owners or developers must provide detailed information about the affordable units in their property, including tenant income eligibility and rent levels.
The purpose of the Below Market Rate (BMR) program is to create affordable housing opportunities for low and moderate-income households.
The Below Market Rate (BMR) form must include information such as tenant income eligibility, rent levels, and any compliance issues.
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