About the Opportunity: Revere Rental Project Guide (Note: Updated Annually) Revised Pages 1-14 on 3/26/18 (Using HUD Income Limits Effective 2017)May 1st, 2018
FiledMay 1st, 2018On June 23, 2015, a Density Bonus Housing Agreement Containing Restrictions (“Agreement”) was made between Campbell Apartment Properties, LLC (“Owner”) and the City of Campbell (“City”). This Agreement was recorded in the Santa Clara County Records on December 11, 2015 as Document Number 23170577. Item B in the Recital Sections on page 1 outlines that, “Of the Proposed Residential Units, 14 shall be made available to very low-income households at Below Market Rate (BMR) Rents that do not exceed an Affordable Housing Cost and 154 units to be rented at market rate. The 14 BMR Units are designated and identified in an attached Exhibit (Exhibit C).