City of Pleasanton Below Market Rental Opportunities

The City of Pleasanton encourages the construction of affordable rental housing by allowing special consideration for projects that provide rental apartment units at below-market rent levels. Nearly 1,000 below-market rental (BMR) apartment units have been built in Pleasanton since the mid-1980's, including most recently a 100-unit complex opened by Greenbriar Homes in 2002 that includes 31 BMR units (\"The Kensington\").A new 350-unit project called \"Stoneridge Station\" by Windstar Communities was approved in 2008 for a site adjacent to the future BART station near Stoneridge Mall.The complex will include 70 apartments for very low income households, and construction is expected to begin soon.
Visit the cities website listed on this listing to see a full list of current apartments for below market rent.
The City has encouraged the construction of affordable rental housing by allowing special consideration for projects that provide units at below-market rent levels.Four of the largest apartment complexes in Pleasanton include some units in which rents are lower than market rents due to a regulatory agreement between the City and the apartment owner.Information on these BMR apartments (which are not age-restricted) may be obtained by contacting the City's Housing Division at 925-931-5007.