What are the Below Market Rate (BMR) units regulations that the project is required to comply with?
The Zoning Ordinance (Chapter 18.200 – Below Market Rate Housing Program) requires a 15% minimum of BMR units for developments of 7 units and over, spread between various income levels and dispersed throughout development, with features indistinguishable from market rate standard units. In this case, it would mean a minimum of 42 BMR units out of 281 proposed residential units (and a partial fee for the fraction). (Per 2008 San Mateo County Income Limits, as defined by HUD and the State of California , the median household income in the City for a family of four is $94,300. Please refer to this webpage under the Housing Department for more information.
