Below market rate (BMR) programs provide affordable housing for low- and moderate-income residents, as well as employees of the cities in which they operate. Through selling a designated portion of new construction at below-market price, we assure that our communities keep up an inventory of affordable homes, keeping the balance as we grow.
Palo Alto Housing Services, LLC, a PAH subsidiary, administers Palo Alto, Los Altos and Stanford University’s BMR programs.
Whether you want to know if you qualify, or you would just like to know more about the programs we offer, we’re here to help answer your questions.