Colonnade Apartment Homes

City of Los Altos Below Market Rate (BMR) Rental Program at Colonnade

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Preliminary Application & Priority Ranking Form

TO BE CONSIDERED FOR THE 1 UNIT CURRENTLY AVAILABLE, THIS PRE-APPLICATION MUST BE SUBMITTED BY SEPTEMBER 18, 2017

This is a preliminary application that will help us determine your eligibility for the BMR program. The eligibility for BMR (Below Market Rate) applicants will be prioritized according to the BMR Priority Ranking Policies & Procedures identified by the City of Los Altos.

Prior to completing the pre-application you must review the Below Market Rate Unit Selection Process for Colonnade Los Altos. Please click here to see the full terms of the unit selection process and rental criteria.

THANK YOU!

Your information has been received and we will keep you up to date on this exciting new community.

  By checking this box I acknowledge that I have read and understand the rental unit selection process for
Colonnade Los Altos *

Please complete all fields and answer all questions below for the primary applicant:


Questions:

Very Low Income (50%)
Income Limits Rent Limits
1 Person - $41,800 1 Bedroom:
2 People - $47,800 $1,133 - $156 = $977**
3 People - $53,500  
4 People - $59,700 2 Bedroom:
5 People - $64,500 $1,275 - $188 = $1,087**
Low Income (80%)
Income Limits Rent Limits
1 Person - $59,400 1 Bedroom:
2 People - $67,900 $1,813 - $156 = $1,657**
3 People - $76,400  
   
   
**Rent limits are reduced in consideration of utility costs which are paid separately to management and utility providers.

Priority of eligibility for Eligible renters shall be ranked as set forth in the following list. Except as otherwise specified, the rankings will be based on individual or family status as of date of application. Rankings for a family shall be determined based on the family member with the highest priority. If a person or family has two or more members who qualify in one or more priority categories, the City’s published priority determination rules shall provide for increased priority based thereon. Where different qualifications are listed within a priority, all shall have equal priority.

Please select any of the following Los Altos BMR Priority Rankings that apply to your or your Household.

PRIORITY RANKING A – FIRST PRIORITY

PRIORITY RANKING B – SECOND PRIORITY

PRIORITY RANKING C – THIRD PRIORITY

PRIORITY RANKING D – FOURTH PRIORITY


DOCUMENTS WILL BE REQUIRED TO VERIFY THE PRIORTY RANKING INDICATED ON THIS PRE-APPLICATION. TO VIEW THE REQUIRED DOCUMENTS, PLEASE CLICK HERE.

PLEASE DO NOT SUBMIT ANY DOCUMENTS AT THIS TIME. VERIFICATION DOCUMENTS WILL BE REQUIRED AFTER A UNIT BECOMES AVAILABLE.

IF IT IS FOUND THAT FALSE OR INACCURATE INFORMATION WAS PROVIDED IN THIS PRE-APPLICATION, YOU WILL IMMEDIATELY BE DISQUALIFIED AND NO LONGER ELIGIBLE FOR A BMR UNIT.

*I/we certify under penalty of perjury that all of the information stated on this form is true and complete. I/we have made no misrepresentations, nor did I omit any pertinent information. I/we also understand that when requested, I/we must submit clear and substantial evidence to verify the declarations made on this form. No proof, No forms – No Priority Rank assigned or earned.

*Indicates required field

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