Copyright 2023 KGO-TV. Website: Sunnyvale.ca.gov Email: housing@sunnyvale.ca.gov These amounts We work through federal, state, and local programs to make sure that communities in Silicon Valley don't miss out on the true richness of people because of the high cost of housing. Additionally, there are 12,469 other low income apartments that don't provide direct rental assistance but . 620 Iris Ave, Sunnyvale, CA 94086. Monday through Friday, between 9:00 a.m. and 4:00 p.m. Sunnyvale, CA - Home Buyer Programs - California Here's where affordable housing is located in San Jose If the property doesnt get sold within 90 days, then it loses its below-market rate status and the city sells it at the current market rate. increased by 13.3% compared to last year. Time on market increased the most in Austin (+52 days), Raleigh (+51 days), Denver and Las Vegas (+42 days each). This means that there are still fewer homes available to buy on a typical day than there were a few years ago. The rents will be determined based on annual HCD published income limits and section 50053 of the California Health and Safety Code. Below Market Rate Program | Campbell, CA - Official Website Rather than providing a rental subsidy, this program offers apartments in the private sector at a rent that is lower than market rate. The City contracts with Rise Housing to screen and place qualified households in City BMR units. For questions regarding the City's BMR Program for first-time homebuyers, please contact the City's Administrator, HouseKeys: Morgan Hill Office: 358 Digital Drive, Morgan Hill, CA 95037. Existing Loans The BMR Program has been an important tool for providing rental and ownership opportunities for Sunnyvale's low- to moderate-income households. survey. Current BMR Home Listings : Quick Links.