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Plaza Taking Applications for 60 Below Market Rate Apartments

One-, two- and three-bedroom apartments are available for low- to moderate-income singles and families. Deadline to apply is Aug. 3.

 

The Plaza at Triton Park Apartments in Foster City is close to completing construction of 60 below-market rate (BMR) apartments, and are now beginning to take applications from low- to moderate-income singles and families interested in living there.

There are one-, two- and three-bedroom models available at lower rents than the average for the Foster City and surrounding areas.

According to The Plaza, all apartments come complete with a "gourmet kitchen," a washer and dryer, spacious closets, and access to multiple phone lines and high-speed Internet access.

In addition, the community features a swimming pool, a fitness center, a recreation center, a business center, a wellness center with yoga and massage services, and one guaranteed parking space per unit. The community is gated, and the apartments are pet-friendly.

The units are available to those who qualify with incomes that are considered very low, low or moderate. There are different qualifying incomes levels depending on whether the renter is single, a couple, or a family with up to six members.

For example, a single person who makes a maximum annual salary of $38,850 can rent a one-bedroom apartment and will pay a maximum monthly rent of $1,110.

A family of six whose total annual income does not exceed $143,400 can rent a three-bedroom apartment and pay a maximum monthly rent of $2,833.

Applications are due to The Plaza by Aug. 3. A downloadable PDF document explaining the complete income requirements and rent amounts for the different-sized apartments is attached to this article in the photo section. The document includes the official application.

The Plaza at Triton Park Apartments are located at 1 Plaza View Lane in Foster City. For more information, visit www.theplazafostercity.com.

 

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Phyllis McArthur July 25, 2012 at 09:54 PM
I'm trying to find out about regular rentals for a friend and can't get any info
Sheila Serkanic July 25, 2012 at 11:51 PM
Im so happy that finally one of the papers is disclosing HUD which will occupy 1/3 of our precious, best in the peninsula, high school land. No one knows about this because it was hidden. Its Foster City's land that all the FC residents own and should be public use. I think it should be put to a vote. 90% of all citizens of FC voted thru there water bill, wanted 1st a FC high school and if not, a public use area. Its the hidden agenda of certain members of the City Council and they are trying to rush it thru before they are off the City Council. Its the best piece of property on the peninsula and we know it. They don't know that we will have to increase our police department and fire department. We even will have to pay to landscape and maintain it. That's not making the City more money and FC will no longer have the reputation of a safe place and property values will decrease. I applaud you for making it to your paper. However HUD is not mentioned anywhere. Let the citizens VOTE on use of our high school site. The HUD

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