1901 Dwight Way - 205, Berkeley, CA 94704
1901 Dwight Way - 205, Berkeley, CA 94704
BMR (Below Market Rate Unit) @ Stranda! **Please see income requirements/restrictions
Income Requirements: This Below Market Rate/Inclusionary Housing unit is designated for entire households making less than 80% of the AMI (Area Median Income), which, effective June 1st, 2024-May 31, 2025, is $96,650 per year combined for all household members.
Requirements:
Total Yearly Income: Must be at or below: $96,650
SG Application Approval Requirements: 2X the rent per month, or $4832 gross
SG Application Approval Requirements: 650 FICO score or higher
Utility Allowance for PG&E: $47
Rent: $2416
Stranda is a modern development in the heart of Berkeley. The building features 21 spacious, modern units with stylish trendy finishes. Stranda feature
Each apartment at the Stranda offers a clean finish with recessed lighting, new hardwood floors throughout, and kitchens flush with white subway tiles to go along with stainless steel GE Energy Star Appliances and granite counter tops.
Stranda is conveniently located six blocks from Downtown Berkeley BART, UC Berkeley, and is less than one mile from Trader Joe’s. With a walk score of 82, residents can find wonderful restaurants, shops, and bars just a few steps away.
Important Information: Details about the Below Market Rate / Inclusionary Housing program can be found and/or verified here: https://berkeleyca.gov/community-recreation/affordable-housing-berkeley/below-market-rate-rental-information-owners-and . Please reference the City of Berkeley website above for questions about the program. They are available for questions about the program at affordablehousing@cityofberkeley.info and 510 981 5304.
Application Criteria: Minimum income and credit screening requirements still apply to Below Market Rate and Inclusionary Housing program, which include a minimum of 2X the monthly rent in income ($4,832 per month), combined for the household, as well as minimum 650 credit scores for all individuals responsible for payment and/or whose income applies to the total combined income for purposes of the minimum income limit and the maximum income limit. Application criteria also include rental reference checks.
Disclaimer: The Below Market Rate / Inclusionary Housing program rules and regulations are followed closely and we will not be able to show any preference to any applicants. Applicants will be selected at random and then screened thoroughly for qualification under the requirements outlined above and in the program's complete set of rules and regulations.
SG Real Estate utilizes Snappt third party fraud detection software to ensure safety and screen for fraud, identity theft, and other unlawful activity used in the process of procuring leases, loans, and/or other services. Please note that the application process will require valid and legitimate photo identification as well as documentation related to income and financials.
Requirements:
Total Yearly Income: Must be at or below: $96,650
SG Application Approval Requirements: 2X the rent per month, or $4832 gross
SG Application Approval Requirements: 650 FICO score or higher
Utility Allowance for PG&E: $47
Rent: $2416
Stranda is a modern development in the heart of Berkeley. The building features 21 spacious, modern units with stylish trendy finishes. Stranda feature
Each apartment at the Stranda offers a clean finish with recessed lighting, new hardwood floors throughout, and kitchens flush with white subway tiles to go along with stainless steel GE Energy Star Appliances and granite counter tops.
Stranda is conveniently located six blocks from Downtown Berkeley BART, UC Berkeley, and is less than one mile from Trader Joe’s. With a walk score of 82, residents can find wonderful restaurants, shops, and bars just a few steps away.
Important Information: Details about the Below Market Rate / Inclusionary Housing program can be found and/or verified here: https://berkeleyca.gov/community-recreation/affordable-housing-berkeley/below-market-rate-rental-information-owners-and . Please reference the City of Berkeley website above for questions about the program. They are available for questions about the program at affordablehousing@cityofberkeley.info and 510 981 5304.
Application Criteria: Minimum income and credit screening requirements still apply to Below Market Rate and Inclusionary Housing program, which include a minimum of 2X the monthly rent in income ($4,832 per month), combined for the household, as well as minimum 650 credit scores for all individuals responsible for payment and/or whose income applies to the total combined income for purposes of the minimum income limit and the maximum income limit. Application criteria also include rental reference checks.
Disclaimer: The Below Market Rate / Inclusionary Housing program rules and regulations are followed closely and we will not be able to show any preference to any applicants. Applicants will be selected at random and then screened thoroughly for qualification under the requirements outlined above and in the program's complete set of rules and regulations.
SG Real Estate utilizes Snappt third party fraud detection software to ensure safety and screen for fraud, identity theft, and other unlawful activity used in the process of procuring leases, loans, and/or other services. Please note that the application process will require valid and legitimate photo identification as well as documentation related to income and financials.
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