Alvin's Corner at Penny Lane

Alvin's Corner at Penny Lane

PAST  Rental Opportunity 5.0 - Low Income studio

Update: Unit has been filled.  

$998.00 STUDIO*

Rental Opportunity 5.0 Form: CLICK HERE TO ACCESS THE FORM

In the event that we do not find an eligible tenant, we are opening the Opportunity 5.0 to build an applicant list. Submit this form and then a complete hard copy of your BMR Rental Application Package and all the documents listed on the "Document Checklist" within (3) days of your submission for this Opportunity. We will continue to accept application until Unit # 208 is rented.

Opportunity # 2-2-Rent-Opp-2017-07

651 W. Hamilton Ave Unit 208 - Campbell, CA 95008

This Opportunity is for households that don't exceed the Low Income (80% AMI) limits (see below). The Date and Time Stamp on HouseKey’s Notice of Rental Opportunity 5.0 Submission Forms will be used to determine the order in which applicants will be added to the end of the list (line). Priority Numbers will be assigned to set the processing order. The Opportunity 5 Submission Form is only good for Unit #208.

The approved household must commit to a lease start date of November 30, 2017 – this date may change without notice. It could be sooner depending on timing of eligibility (or later).

Property Type: Studio Apartment

Property Designated AMI (Area Median Income): Low Income - 80% AMI

Maximum Gross Annual Income:

1person $59,400 and 2 people $67,900

Minimum Income: $2,379 gross income per month ($28,548 gross annual income)

*Monthly Rent: $998.00 (utilities are not included)

Bedroom and Bath Count: Studio with 1 bathroom

Maximum Household size allowed in a studio: 2 people

Approximate Square Feet: 571

Utilities: Tenant pays all utilities - Gas, Electric, Water, Sewer, Trash, Cable, Internet - Please speak to the Landlord for more information.

Washer and Dryer: Available in the unit's closet

Parking: 1 stall

Guest Parking: Street Side – first come first served – not permanent parking

Other restrictions: Strick NO smoking allowed

Pets: Pet friendly Complex (may require a deposit)

Section 8: The landlord does not participate in housing voucher programs

Schools within the District: Payne Elementary, Moreland Middle School, Prospect High School

Renter's Insurance: It’s required by the Landlord/Property Manager and paid by the Tenant

Deposit: $600 (plus Rent may be a pro ration based on move in date (rent and deposit amounts are non-negotiable)

Security Deposit: $800.00

Household and Income Restrictions: Applicants must meet the Landlord's/Property Manager criteria (disclosed on the Opportunity 5.0 Form links) and all the BMR Program Eligibility and Qualification Requirements before moving into a BMR Rental Unit. There will be an Annual Recertification each year to confirm continued Program Eligibility and Qualification. During the annual re-certification, the tenant/household will have to resubmit a complete application, income, asset documentation and other information in a timely manner. HouseKeys and the Landlord will determine if the household still qualifies for the program. If the household exceeds the LOW Income limits and no longer qualifies for the program, a Notice to Vacate the unit will be issued by either the Landlord and/or the Administrator (HouseKeys).

Open House: By Appointments only - please email programs@housekeys.org

Landlord’s application fees for Background and credit check*: $33.00 per adult household member - non-refundable

*You must have a HouseKeys Application ID for the Rental Program to apply for this Opportunity. Make sure you do before filling out the Alvin’s Corner Credit and Background Check. We are unable to refund the fees.