Many affordable rental housing programs exist in order to reduce the rents of those who qualify. These programs are contingent on income level and, in many cases, size of household.
Below Market Rate Programs
Local cities and counties administer Below Market Rate (BMR) Rental Housing Program, a program that provides rentals for very low, low and moderate-income households. BMR rental units are leased at rates below prevailing market rents and rent increases are subject to certain limitations. Availability of apartments in the program is very limited and the prospective resident may often have to put his or her name on a several-year long waiting list. For more information regarding specific income requirements, please contact your local city/county housing assistance office.
The U.S. Department of Housing and Urban Development (HUD) offers a program for very low income households. HUD-subsidized apartments generally offer the lowest rental rates. Please contact HUD for maximum annual income qualifications.
Colleen Lambros is vice president of sales & marketing for The Irvine Company Apartment Communities, and manages the rental-living Apartment Information Center in Irvine. The center maintains a database of more than 80 rental communities throughout Northern and Southern California (including Santa Monica, Orange County, and San Diego).