2017 Stuart St, Berkeley, CA 94703
Waiting List Forecast: Likely Long or Closed
Verified for 2021 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 4 Beds | 1 - 2 Baths | 565 - 1,290 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Savo Island is located near a wide range of businesses and recreational activities, which includes boating, fishing, water skiing and sailing. There are many other recreational opportunities available in the area which include music, theater, dance and literary events. This location provides easy access to public transportation and is conveniently located near major freeways, grocery stores, shopping districts, educational facilities and Houses of Worship. Contact us to schedule a tour of your new home!
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Savo Island is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 565ft2 | Call for Price† |
| 2 Bedroom (2/1) | 761ft2 | Call for Price† |
| 3 Bedroom (3/2) | 1189ft2 | Call for Price† |
| 4 Bedroom (4/2) | 1290ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $31,050 / year | $35,500 / year | $39,950 / year | $44,350 / year | $47,900 / year | $51,450 / year | $55,000 / year | $58,550 / year |
| 50% AMI for LIHTC Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year | $79,900 / year | $85,800 / year | $91,700 / year | $97,650 / year |
| 50% AMI for PBRA Units | $51,800 / year | $59,200 / year | $66,600 / year | $73,950 / year | $79,900 / year | $85,800 / year | $91,700 / year | $97,650 / year |
| 80% AMI for PBRA Units | $78,550 / year | $89,750 / year | $100,950 / year | $112,150 / year | $121,150 / year | $130,100 / year | $139,100 / year | $148,050 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Savo Island have a waiting list?
Savo Island probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Savo Island ?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Savo Island ?
Savo Island is managed by The Michaels Organization headquartered in Camden, NJ.
In addition to Savo Island , how many other affordable housing properties (and units) are there in Berkeley?
In addition to Savo Island , we list 35 other affordable properties in Berkeley. Learn about these properties here. Our data research shows that there are a total of 1832 affordable units in Berkeley.
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Irina Petrova says:
"I recommend for everyone who needs information about Section 8 or Public Housing to use Affordable Housing Online."