Attachment 3
Existing BMR Projects/Units Built Under Original BMR Requirements Table 1. Existing BMR Rental Projects/Units Built Under Original (1999) BMR Requirements On-site BMR Unit Mix On-
site
BMR
units
Total
Units
% On-
site
BMR
Units Project Studio 1 BR 2 BR 3 BR AMI***
mResidences* (881 East El Camino Real) 0 2 2 0 50%-80% 4 150 2.7% Elan Mountain View (1030 Castro Street) 0 4 1 0 50%-80% 5 164 3.0% Montrose – East (1616 West El Camino Real) 0 2 1 0 50%-80% 3 66 4.5% Montrose – West (1720 West El Camino Real) 0 3 2 0 50%-80% 5 162 3.1% Verve Mountain View (1984 West El Camino Real) 0 4 3 0 50%-80% 7 160 4.4% Domus on the Boulevard (2650 West El Camino Real) 0 5 3 0 50%-80% 8 193 4.1% Madera (455 West Evelyn) 0 4 3 0 50%-80% 7 203 3.4%
100 Moffett 0 6 2 0 50%-80% 8 184 4.3%
Novo (2280 West El Camino Real) 2 6 2 0 50%-80% 10 204 4.9% Revela (200 Infinity Way) 2 9 5 0 50%-80% 16 394 4.1%
Anton Ladera (398 Ortega Ave) 1 3 1 0 50%-80% 5 144 3.5% The Dean (400 San Antonio Rd) 5 28 12 3 30%-50% 48 583 8.2% MV Apartments (2700 West El Camino Real) 0 8 3 0 30%-50% 11 211 5.2% Landsby (2580 California Street) 0 9 5 0 50%-80% 32 632 5.1% 0 13 5 0 80%-120% The Tillery** (1720 Villa Street) 0 2 1 0 50%-80% 3 226 1.3% Total 10 108 51 3 172 3,676 4.7%
* Formerly Oakwood Apartments.
** Project includes preservation of 48 former rent-stabilized units and the addition of two new studios (50 units total) at 660 Mariposa. *** Past versions of the BMR program allowed units between 50%-80% AMI; in practice most if not all of the units were set at 65% AMI.
Table 2. Existing BMR Ownership Projects/Units Built Under Original (1999) BMR Requirements On-site BMR Unit Mix
On-
Site
BMR
Units
Total
Units
% On-
site BMR
Units
Project Studio 1 BR 2 BR 3 BR AMI
1101 West El Camino Real 1 1 2 1 50% 5 52 9.6%
Classics at Evandale (176 Evandale/Fairchild) NA NA NA NA 100%* 3 35 8.6% Rock Street Cottages (2124 Rock Street) NA NA NA NA 100%* 4 60 6.7% Arbor Court (1919 Rock Street) NA NA NA NA 100% 1 19 5.3% 1998 Montecito 0 0 0 1 50% 1 17 5.9%
Total 14 183 7.7%
*1999 guidelines requirement for ownership indicated moderate income units up to 100% AMI. Records TBD.