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Below Market (Inclusionary) Program

The goal of the City of San Mateo is to create and retain a variety of housing opportunities in the community.  The Below Market Rate (BMR) Inclusionary program requires developers of new housing to provide a certain percentage of the units within the project to be affordable to very low, low or moderate income residents.

 

 

For developments consisting of 11 or more units:

  • 15% of ownership units will be affordable to moderate income families, or
  • 10% of ownership units will be affordable to low income families.
  • 15% of rental units will be affordable to low income families, or
  • 10% of rental units will be affordable to very low income families

A fractional fee will be charged for projects consisting of 5-10 units.
For further details, click on the BMR guidelines below.

BMR Guidelines 
Maximum Pricing and In Lieu Fees



San Mateo City Hall – 330 West 20th Avenue, San Mateo, CA 94403

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