City of Campbell

Below Market Rate Rental Program

Rental Opportunity 11.0 - Railways Apartment

This Opportunity Drawing/ Lottery has two (2) - 2 bedroom units

Very Low Income Units

May Update: We are still accepting applications on a first come first serve basis. Even if you don't meet a City live/work preference, you may still apply!

STOP: YOU MUST HAVE A BMR APPLICATION ID FOR RENTALS IN CAMPBELL TO BE ABLE TO SUBMIT THIS FORM; IF YOU DO, PLEASE PROCEED.

Before you begin to fill out this form, make sure you have sufficient time to slowly read each question and answer very carefully. Giving incorrect information may negatively affect you and/or slow down the process. Before you move on to the next question or section, please review your answers. Fill out the form completely, do not leave blanks.

Please do not fill out more than one Opportunity Submission Forms for Rental Opportunities for your household. You should NOT use your email address or rental Application ID to help other households fill out this form. They need to use their information. Thank you for understanding.

NEW! Opportunity Drawing Tenant Selection Process and Preferences: All Rental Opportunity 11.0 Submission Forms received by April 27, 2018 by 5:00pm (will be ranked using the City Preferences and date and time stamp on the Opportunity Submission 11.0 Form. Any Opportunity 11.0 Forms received after April 27, 2018 by 5:00pm (will be added to the end of the list and assigned a runner up number. If a household does not meet the City preference, they may still apply. If you do not receive the email, please contact us right away at programs@housekeys.org)

Application Process*: The top-ranking applicants (all adults in the household) must pass Railway’s criteria, credit and background. If you pass the landlord’s criteria, HouseKeys will check to see if you are eligible for the BMR rental program in Campbell. *(The Application Process is two (2) part process find details below)

Opportunity #2-2-Rent-Opp-2018-16 Unit #317 - One (2) Bedroom, Approximate Square Feet: 1,010 SQ FT*

Opportunity #2-2-Rent-Opp-2018-17 Unit #417 - One (2) Bedroom, Approximate Square Feet: 1,010 SQ FT*

* Units will be assigned by either HouseKeys or Landlord/Management.

The approved household must commit to a lease start date of June 01, 2018 – this date may change without notice

Property Type: 2 bedroom with 2 full bath condominiums

Property

Designated AMI (Area Median Income):

Very Low Income - 50% AMI

Monthly Maximum Rent for

a 2 bedroom:

$1,408.75

Maximum Income

Limits for 50%AMI:

1 person $46,550

2 people $53,200

3 people $59,850

4 people $66,500

5 people $71,850

Minimum Gross Annual Income

for a 2bd: $33,810

Occupancy

Standard:

2 bedroom: minimum 2 person and maximum 5 people

Utilities: includes water, water heating, sewer and trash, all

other utilities are separate from rent and will be at renter’s own cost

Washer and

Dryer:

on site

Parking: one

assigned space

Guest Parking: may not

be provided

Other

restrictions:

Strict NO smoking allowed

Pets: Pet

friendly Complex - UP TO 20 pounds (may require a deposit of $500.00)

Section 8: NO

Renter's

Insurance:

NOT required by the Landlord/Property Manager but can be

paid by the Tenant

Deposit: $700 (plus

Rent may be a pro ration based on move in date (rent and deposit amounts are

non-negotiable)

Security

Deposit:

$700.00

Open House: By Appointments only - Not available at this time. (If in the future one is schedule we will announce it to everyone either by email or website)

Part 1 of the Application Process:

While you wait for your ranking on the HouseKeys BMR list for this Opportunity, you may start your application process with the Landlord. Application Fee $40.00 per Adult, NOT refundable. Applicants must pass the Railway’s criteria AND be eligible for the BMR Program.

*You must have a HouseKeys Application ID for the Rental Program to apply for this Opportunity. Make sure you do before filling out the Railways credit and background check. We are unable to refund the fees.

Property Management: Please contact- Jeannette Reyes at (408) 479-5252 for credit and background check

INITIAL REQUIREMENTS

The applicants must not have any evictions
No felonies convictions or adjudication for a felony
No rental housing debt
No excessive collection accounts. Utility collections within the last 2 years will be required to be paid in full.
Acceptable Residency History and Credit History

Part 2 of the Application Process:

If you are selected for review by HouseKeys, you will only have 3 business days to turn in your BMR Application, Exhibits and all the supporting documents on the Document Checklist. Please be prepared. If you are selected, we will notify you by email.

Household and Income Restrictions: These BMR Units have Household and Income Restrictions (50% AMI - Very Low Income). Applicants must meet the landlord's/property Manager criteria 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 very 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).

Applicants must have enough funds to cover:

The first month’s maximum rent $1,408.75
Pro-ratios on move-in will be added (TBT)
Deposit $700.00
$40.00 for each adult household member for the Property Manager's Application fee (credit and background check) First Time Renters will need an additional deposit (please check with the landlord)

If you pass the initial requirements, please review this form completely for other requirements before submitting it. Applicants will not be automatically entered for this Opportunity unless this form is completely filled out and submitted by as soon as possible. Please review all the information on our website for additional program information, deadlines and requirements.

Other Rules and Disclosures: Please read completely before submitting this form.

A "Commit to Lease" deadline is established to be able to meet the timelines and goals established by the BMR Program and to avoid delaying move in dates and/or delaying opportunities to other applicants that are ready. If the applicant next in line (according to City Preference and date and time stamp on the Application ID Submission for Rental Opportunities at Railways Apartments form) doesn't meet the landlord/property manager criteria, is unable to demonstrate the ability to fully qualify, can't demonstrate the ability to afford the rent, doesn’t have enough funds for the fees and deposits and prove full BMR eligibility according to the BMR Program, HouseKeys will immediately move on to the next applicant regardless of which step/stage the applicant is in. HouseKeys is unable to reserve or hold rental properties.

After the Applicants demonstrate the ability to meet the Landlord/Property Manger’s criteria an Application Submission Deadline is set for applicant(s) to submit a complete BMR Rental Application Package/File or other items to the HouseKeys Processor and/or Underwriter. The applicant is notified by email. Applicants must respond within 3 business days(or the deadline issued by HouseKeys) and submit all the documentation (conditions) requested as instructed by HouseKeys in a timely manner. This means, the items must be received by HouseKeys by the deadline, (not postmarked or sent by). Not all applicants will receive an Application File Deadline, only those that meet the Landlord/Property manager’s criteria, and are reached for review in the order of City Preference Ranking and Date and Time Stamp on the Submission Forms. If the applicant submits an incomplete package by the deadline, the applicant could lose their place in line and we will move on to the next applicant. Other deadlines may be issued.

The applicants must meet the personal Application submission Deadline (issued by HouseKeys Staff) and Rental Application Deadline. This includes and is not limited to obtaining and submitting all the following items (by the deadlines as explained above) to HouseKeys:

Proof that you met the Landlord’s/Property Manager’s criteria
All the items on the BMR Rental Document Checklist
A complete BMR Rental Application Package and Supporting Documents
Proof you have sufficient funds for the deposits and fees
Any and all documents requested by HouseKeys to clarify City preference criteria and ranking, eligibility and qualification
Must meet all the BMR eligibility requirements (e.g. acceptable rent to income ratios, AMI, etc.)
Only one entry per household. If more than one is submitted, the applicant will have to use the worst priority number obtained and the better priority numbers issued to the household will be null and void
Applicants are not allowed to participate in more than one rental opportunity at time or have two active rental priority numbers.
Asset Limits may apply

Note: To ensure that the City's limited BMR units are used efficiently, a household must be of a size equal to the number of bedrooms in the BMR unit. Pursuant to fair housing laws, the maximum occupancy allowed in a BMR home is two people per bedroom, plus one additional person. In some cases, an exception to the minimum standard may be made where no other qualified renter can be approved within 30-days of holding the lottery

1.) I/we certify that the answers below are true to be the best of my knowledge. I/we acknowledge that, if I/we am/are assigned a priority or submission ID number, it can be revoked if any of the information provided proves to be untrue or incorrect. I/we also promise to only submit one rental opportunity form for my household.*

I am checking this box to indicate that the above statement is true and applies to me.

2.) BMR Application ID Number for RENTALS*

Please use your Application ID for rentals - do not use a Application ID for Home Buyers.

Preferences:

The City of Campbell stipulates that: Preference in the rental of affordable units shall be given, first (for up to ten percent of all affordable units) to income eligible employees of the City of Campbell, second to income eligible existing Campbell residents, and third to income eligible persons employed within the city limits of the City of Campbell.

First preference is the top preference in this Lottery. If you meet more than one preference, select the best one. Substantial evidence will be requested during the process. Only applicants and co-applicants who will be signing the rental agreement can apply for consideration for a “Preference”.

NOTE: a City of Campbell Employee is a person who works for the Municipal Corporation whose administrative office is located at 70 N. 1st. Street in Campbell.

A school district employee does not qualify for first preference.

3.) I/We (the applicant or co- applicants), certify that I/we meet the following preference:*

First Preference- City of Campbell Employee - I/We are Employees of the City of Campbell and have been for the past 6 months and have pasted the probation period. (The City of Campbell is a Municipal Corporation, whose administrative office is located at 70 N. 1st Street Campbell, CA 95008) Second Preference - I/We are existing residents of Campbell and have been for the past 6 months. Third Preference - I/we are employed within (inside) the city limits of the City of Campbell and have been for the past 6 months I/we do not meet any of the preferences (You may still apply)

Please Note: First Preference does not include school district employees. If you selected FIRST prefernce, please read the whole criteria carefully.

4.) How many members (people) are part of your household? (adults and minors)*

1 2 3 4 5

* Include all adults and minors that will be into the unit with you. (Please note: The City of Campbell has Occupancy Household limits, ex:, 2 bedroom = Min 2 people or Max 5 people)

5.) How many members in your household at 18 years old and over?*

1 2 3 4 5

6.) Please certify if you do or don't exceed the income limits:*

Our household does not exceed the 50% AMI Very Low Income Limits. My household's Income is more than the 50% AMI Very Low Income Limits.

If you exceed these limits, you don't qualify. If you are selected, this will be verified by an underwriter.

MAXIMUM INCOME LIMITS - 2018 : This Opportunity is for households that don't exceed the Very Low Income (50% AMI) limits

1 person $46,550

2 people $53,200

3 people $59,850

4 people $66,500

5 people $71,850

7.) Adult Household Member 1 - Name*

First Name

Last Name

7a.) Adult Household Member 2 - Name*

First Name

Last Name

7b.) Adult Household Member 3 - Name*

First Name

Last Name

7c.) Adult Household Member 4 - Name*

First Name

Last Name

7d.) Adult Household Member 5 - Name*

First Name

Last Name

8.) Which adult household members will be signing the lease (if selected and appproved)?*

Adult Household Member 1 Adult Household Member 2 Adult Household Member 3 Adult Household Member 4 Adult Household Member 5

Please check all that apply

We will use the Adult Household Member 1 - Applicant's email address to communicate with you. If it changes or if it's different from the one you initially gave us, it's your responsibility to email programs@housekeys.org to inform us right away. If you gave us two email addresses at any given time we may not know which one to use; it's your responsibility to let us know. The applicant (Adult Household Member 1) you list on this form is responsible to share the notices or emails we send with the co- applicants. We may not always email notices and updates, you should also check our website frequently for instructions and opportunities. If you continue the process, you will have short deadlines that you must comply with and you don’t want to miss any emails or updates from us. HouseKeys is not responsible for emails that are bounced, undeliverable, rejected, not opened or that landed in your spam or junk email folders.

9.) Adult Household Member 1 Email*

9a.) Adult Household Member 2 Email*

10.) Adult Household Member 1 Phone*

10a.) Adult Household Member 2 Phone*

In this next section, please think about all the income ALL your household members over 18 years old earn to answer the next question.

11.) What is your total Household's Projected Annual Eligibility GROSS Income? (include all income earned by all household members 18 years and older even if they are not going to be the ones signing the rental lease)*

Project your income for the next 12 months, Don't average your income. Please include the income received by all members in your household that are 18 years and older. Include all types of income: Employment, Cash, Earnings, SSI, Disability, Bonuses, Over Time, Commissions, child support, alimony, retirement, pension, Etc. For Self Employment, enter net income. The Program Underwriter will determine the final income calculation.

12.) How much money do you have available now for the deposit, fees and first month's rent?

13.) If there is a reason why you believe you should submit this Opportunity Drawing form even though you don't meet the requirements or information disclosed on this form, please give us a detailed explanation below: (documentation to substantiate your explanation will be requested and must be submitted before the lottery deadline)*

AUTHORIZATION TO RELEASE INFORMATION

With my/our signature(s) below, I/we certify under penalty of perjury that all of the information stated on this Rental Opportunity Form is true, accurate and complete. I/we have made no misrepresentations, nor did I/we omit any pertinent information. I/we also certify that I/we have no additional income or household members living in or contributing to my/our household other than those described on this Rental Opportunity Form and/or BMR application. I/we understand that if any conflicting, inaccurate or false information is found on the Rental Opportunity Form,Pre-application Form and/or Program Application, the I/we will be deemed ineligible to participate in the BMR program. I/we are aware that there are penalties for willfully and knowingly giving false information. I understand that the information is subject to verification at any point in time. Penalties for falsifying information may include prosecution under law. Also, we/I understand that any inaccurate or conflicting information may result in disqualification from this and any future BMR Program or opportunities if we/I are selected to rent a BMR unit managed by/through HouseKeys. In addition, with my/our signatures (and/or electronic signatures) on this form, we validate and authenticate the Authorization to Release Information portion below. By submitting this form you also agree and certify.

Authorization to Release Information: To Whom it May Concern:*

1. I/We have applied for the BMR Program through HouseKeys. As part of the BMR process, HouseKeys may verify information contained in my/our Rental Opportunity Form, Pre-application and/or my/our BMR Rental Program Application and in other documents required in connection with this program for program eligibility to rent a Below Market Rate home or as a part of its quality control program. 2. I/We authorize you, my/our/the Employer , Landlord, IRS, City, Management Company, Etc. to provide HouseKeys and to any City/County in connection with my/our application for the rental of a BMR home, any and all information and documentation that they may request. Such information includes, but is not limited to, employment history and income, bank, money market and similar account balances; credit history, and copies of income tax returns. 3. We authorize HouseKeys, the City, and the Property Management Company to share and obtain our information and documentation amongst them. 4. By checking this box and/or our signatures, I/we authorize HouseKeys to release and share my/our information with the City, Property Management Companies, Other First Time Homebuyer Programs, Funders, NeighborWorks of America and HUD. This form can be accepted as an original authorization and original signature(s) from all applicants and co-applicants. 5. I/We understand and agree that HouseKeys reserves the right to verify information provided on our pre-application Form and/or BMR Rental Program Application with the my/our employer, previous employers and/or financial institutions and other agencies as applicable. 6. A copy of this authorization may be accepted as an original

WARNING! USE CAUTION!

OPT OUT CLAUSE

Please read this BEFORE you click the “Submit” button below.

Applicants can't actively participate in more than one Opportunity Drawing/Lottery at a time.

If you submit THIS form, ALL your previous Opportunity Drawing/ Lottery Forms will be null and void IMMEDIATELY.

By clicking on the “SUBMIT” button below you are officially OPTING OUT (withdrawing) your Application ID from ALL the Opportunities you have entered prior to this one.

By Submitting this form, you understand and acknowledge that ALL your Priority Numbers and Runner Up Numbers will be null and void immediately.

A new priority number will be assigned to you for this Opportunity.

Did all the all applicants read, understand and agree with the OPT OUT Clause?*

Yes, I/we (all applicants) certify that I/we read and understand the OPT OUT Clause. I/we understand that ALL our previous Opportunty Drawing Forms, Priority, Ranking and Runner Up Numbers are null and void immediately by clicking the "Submit" button on this form.

A new priority number will be assigned for this opportunity

Adult Household Member 1 Signature*

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Use your mouse or finger to draw your signature above

Adult Household Member 2 Signature*

[clear]

Use your mouse or finger to draw your signature above

Adult Household Member 3 Signature*

[clear]

Use your mouse or finger to draw your signature above

Please make sure you read and understand all the information on this form BEFORE you press "Submit Form". Once you submit this form, please check your email folders for an email from us with instructions.

Did you review all your answers? Thank you!