Atlas BMR Program

The Lottery is Complete!

Click Here for Results

1 Studio at $1,085/month

18 One-bedrooms at $1,159/month

8 Two-bedrooms at $1,395/month

New homes with modern designs and amenities
All common areas ADA accessible and homes ADA adaptable.
Features include outlet extenders, pullout breadboards, kickplates and cabinets, grab bar installation, and other reasonable accommodations upon request.
Households must have a minimum monthly income of 2.0 times the rent

Applications

Open Application Period

Applications are available starting September 8, 2020 and ending October 6, 2020. Applications must be returned no later than October 6, 2020 at 5:00PM

Submit one application per household. Duplicate applications will be removed from the lottery. Applications must be submitted via email or mail. Due to COVID-19, in-person visits and application drop off will not be accepted.

DOWNLOAD APPLICATION

Electronic Applications

Applications may be downloaded from link above. Applications must be emailed to AtlasHousing@Greystar.com no later than October 6, 2020 by 5PM.

Paper Applications

Applications may be downloaded and printed from link above. Pick up paper application from brochure box located outside at 401 14th Street, Oakland, CA 94612, which is across the street from the Atlas building. For directions click here.

Mail Applications

Send to:
Atlas BMR
P.O. Box 28712
Oakland, CA 94604

A self-addressed stamped envelope must be included. Postmarks will not be considered.

Qualification Requirements

Rent

Households must meet the minimum income requirement of 2.0 times the monthly rent. Households are responsible for the following utilities: electric, cable/internet, and personal liability insurance.

Studio (1 units) at $1,085 monthly rent
1-Bedroom (18 units) at $1,159 monthly rent
2-Bedroom (8 units) at $1,395 monthly rent

Disclaimer: Rents and income guidelines are subject to change per regulatory schedule and annual recertification. Units available through City of Oakland and are subject to monitoring and other restrictions.

Rent Income Limits

Households cannot exceed the 50% area median income (AMI) for guidelines below:

Household Size / Maximum Allowable Income

1 Person / $45,700
2 Persons / $52,200
3 Persons / $58,750
4 Persons / $62,250
5 Persons / $70,500

Process and Timeline

Virtual Open House Dates

9/17, 1-2PM
Join Microsoft Teams Meeting
9/29, 4-5PM
Join Microsoft Teams Meeting

Amenity and Floor Plan Videos

For a sneak peek, please feel free to check out our videos:

Welcome to Atlas
Pool and Spa Deck
One-Bedroom Floor Plan
Two-Bedroom Floor Plan

Virtual Lottery - 10/19, 12PM-1PM

Microsoft Teams Meeting Link

Each applicant will be assigned a lottery ticket number. A virtual lottery will be conducted and all lottery ticket numbers will be randomly sorted on October 19, 2020. Lottery results will be posted here.

The first 20 applicants will be contacted to begin processing files. Households are processed in lottery rank and lottery preference order. Unit selection is based on ranking order. Once units are filled, the list will then be used as waiting list for any open units in the future.

Post-Lottery Procedures

Once the lottery results are in, the lottery applications will be processed in rank order starting with lottery preference and rank 1 – 20. A Post-Lottery Letter will be sent out to the applicants being processed and households are given one week (five business days) from the date on the letter to return the required paperwork to the property – see below. An appointment will then be setup to review the paperwork and gather all other needed documentation. Please note that this process generally takes between two and six weeks to be completed and all files are reviewed and approved/denied by compliance department to ensure full compliance with the affordable housing requirements of the project. If additional paperwork is needed from the applicant, they will be given two business days from the request date to provide the documentation to the property. Once the file is complete, either an approval or denial letter will be sent to the provided address. The lottery list will be worked in preference and rank order until all units have been filled. The remaining applicants will be transferred in current order to the waiting list for future vacancies. Both the lottery and waiting list are closed until the waiting list has been exhausted.

Required Documentation Due Post-Lottery

After the lottery, the following documentation is due for each household member who is 18 years old or older. Required documentation including, but not limited to:

Income

If you work and receive paystubs, submit:

Copies of 3 months consecutive paystubs, beginning with the most recent paystub.
If hired recently, provide Employment Offer Letter. If you are Self-Employed, you must:
Complete a Self-Employed Declaration form
Submit Year-to-Date Profit and Loss statement
Submit most recent Federal Income Tax Returns. Include all Schedules, attachments, and W2(s)
Submit Non-Filing Verification from IRS (if applicable) If receiving severance pay, Social Security, unemployment benefits (EDD), retirement/ Pension income, disability, public assistance, etc., submit:
Most recent benefits letter(s) stating your monthly award If you are Unemployed and have ZERO income, you must:
Complete an Unemployment Declaration form
Complete a Certificate of Zero Income form

Assets

Six (6) consecutive and most recent statements for Checking accounts and include ALL pages.
One (1) most recent statement for all other assets (IE: Savings, 401K, Money Market, etc.) and include ALL pages.
A written and signed explanation with supporting documentation for any deposit over $100 other than that of your documented employment.