Realm

Realm_building_top_view

Applications are currently open for Below Market Rate (BMR) rental unit at Realm

  • Located at 1545 San Antonio Street
  • One, 1-bedroom unit is available at the low-income level (80% AMI)
  • Preferences apply to those who live or work in Menlo Park
  • Amenities include: State of the art gym, parcel lockers, 24-hour secure building, underground parking, BBQ picnic area, close to schools including: Stanford University, Sacred Heart schools, Menlo College, Menlo-Atherton High etc.
  • Applications due: July 10, 2024 at 11:59 p.m. PDT
  • Scheduled Lottery: the week of July 15; applicants will be contacted by lottery rank beginning approximately 5 days later
  • Please note: you will not know your number in the lottery until after July 15; any other number you may have received is not a ranking

 

Application & Information

Click here for more information on living at Realm

For property-specific questions about BMR units at Realm, please contact dhesya.salsabila@fpimgt.com

For questions about the BMR program, please contact BMR@menlopark.gov

2024-2025 Maximum BMR Household Size & Income Limits

1 2 3 4 5 6 7
Very Low AMI (50%) $68,850 $78,350 $88,150 $97,900 $105,750 $113,600 $121,400
Low AMI (80%) $109,700  $125,350  $141,000  $156,650  $169,200  $181,750  $194,250 
Moderate AMI (120%) $156,750 $179,100 $201,500 $223,900 $241,800 $259,700 $277,650

*Please note that BMR units are subject to annual rent increases and household income recertifications

https://www.hcd.ca.gov/sites/default/files/docs/grants-and-funding/income-limits-2024.pdf

 

Rents will range from:

  • 1-bedroom: $2,719
  • Please visit the the property application websites for the most up-to-date information regarding rents

 

Terms and restrictions apply and are subject to change without notice. This BMR opportunity is offered regardless of race, color, religion, sex, national origin, disability, or marital status and is being made according to City policy. 

Fair-Housing-Logo.png

 

Contact us

For more information about the City's BMR program, please contact BMR@menlopark.gov