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The project will be serving a mix of demographics/populations. 50% of the project (63 units) will be <br />targeted to households earning 30% AMI or less. Of those 63 units, 15% (19 units) will be designated as <br />'supportive housing' units for formerly homeless tenants and the remaining 44 units will be standard <br />extremely low income (ELI) units. The supportive and ELI units will be spread out amongst the project <br />between the studio, one-, and two-bedroom units. The other 50% of the project (61 units) will be <br />restricted to households earning up to 80% AMI. The average affordability for the whole project is <br />54.6% AMI. Please note that ROEM is pursuing and has received a letter of intent from San Mateo <br />County for HUD project -based vouchers. ROEM understands that HUD limits its placement of PBVs to <br />units with tenants earning at or below 50% AMI. While ROEM requests the 80% AMI designation for <br />those units, the 80% AMI units receiving vouchers will be restricted to tenants earning 50% AMI or <br />less, as long as there is an active voucher contract for those units. <br />1 P1@112727850.8 <br />ATTY/AGR.2020.100/353 Main Street Apartments LP (Page 65 of 143) <br />