Savo Island

2017 Stuart St, Berkeley, California 94703

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! 

Units

Unit (Bd/Ba)	Ft2	Rent
1 Bedroom (1/1)	565	Call for Price
2 Bedroom (2/1)	761	Call for Price
3 Bedroom (3/2)	1189	Call for Price
4 Bedroom (4/2)	1290	Call for Price

Savo Island Details

• 57 one, two, three and four bedroom units.
• FHA Mortgage Insurance/subsidy
• HOME Investment Partnerships Program
• Section 8 Project-Based Rental Assistance

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Savo Island is managed by The Michaels Organization.

Nearby Low Income Apartment Communities