Located in the heart of downtown Berkeley, the site includes two side-by-side developments: BRIDGE’s Berkeley Way Apartments with 89 affordable homes and services for low and very low-income families; and BFHP’s The Hope Center, with 53 permanent supportive housing apartments, a 32-bed homeless shelter, 12 transitional beds for homeless veterans, a community kitchen and wrap-around services for mental health, substance abuse, job training and social activities.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.