| AMI* | 1 person | 2 person | 3 person | 4 person | 5 person | 6 person | 7 person | 8 person |
|---|---|---|---|---|---|---|---|---|
| 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 |
| 60% AMI for LIHTC Units | $62,160 / year | $71,040 / year | $79,920 / year | $88,740 / year | $95,880 / year | $102,960 / year | $110,040 / year | $117,180 / year |
| 80% AMI for PBRA Units | $82,950 / year | $94,800 / year | $106,650 / year | $118,500 / year | $128,000 / year | $137,500 / year | $146,950 / year | $156,450 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Bradley Studios adds 54 needed affordable housing units to the City of Santa Barbara and will fill a critical housing need for low and extremely low income residents. The project also provides needed right-of-way and physical enhancements for the Lower Mission Creek Improvement project. Key funders of the development include the City of Santa Barbara Redevelopment Agency, Red Stone Equity Partners, LLC, and J.P. Morgan Chase
View More
