Attachment 2
Exhibit B
Current BMR sale prices, BMR rents and ARU rents are listed below. Prices/Rents are set annually by COD Director and are not negotiable. Project will be subject to price/rental limits in effect at the time units are offered to the City.
BELOW MARl(ET RATE HOME OWNERSHIP PROGRAM
Sales Prices (effective 7/1/2022)
Number of Bedroom in Unit
One
Two
Three
Four
Five
BELOW MARl(ET RATE RENTAL PROGRAM
Maximum Rents (effective 7/1/2022)
Number of Bedroom in Unit
Studio
One
Two
Three
Four
Sales Price
$406,000
$474,000
$542,000
$597,000
$648,000
Rents
$1,872
$2,140
$2,407
$2,675
$2,889
AFFORDABLE RENTAL UNIT PROGRAM (Density Bonus Units at Very Low Income) Rents vary by complex and type of utilities. For current rents, please search City of Sunnyvale ARU Program or click on the link below.
https://www.sunnyvale.ca.gov/home/showpublisheddocum ent/366/637956465271670000 Updated - December 5, 2022
Attachment 2