What does affordable housing mean in Atherton?

In San Mateo County, the income thresholds for affordable housing are determined by the Area Median Income (AMI) and household size. San Mateo County’s AMI for a household of four is $175,000 per year. The Town is currently considering affordable housing requirements for new multifamily developments inat the moderate, low and very low- income categories. 

Area Median Income (AMI) Table for San Mateo County

Income Category
Income Limits by Family Size

1
2
3
4
5
6
7
8
Very Low (50% AMI)
$65,250
$74,600
$83,900
$93,200
$100,700$108,150$115,600$123,050
Low (80% AMI)$104,400$119,300$134,200$149,100$161,050$173,000$184,900$196,850
Median (100% AMI)$122,500$140,000$157,500$175,000$189,000$203,000$217,000
$231,000
Moderate (120% AMI)$147,000$168,000$189,000$210,000$226,800$243,600$260,400$277,200

Source: https://www.smcgov.org/housing/income-rent-limits 


Show All Answers

1. What is a Housing Element?
2. What if we don't adopt a compliant Housing Element?
3. What are "zone changes"?
4. What does affordable housing mean in Atherton?
5. How does Affirmatively Furthering Fair Housing (AFFH) affect the Town’s Housing Element?
6. What is Affirmatively Furthering Fair Housing (AFFH)?
7. What Are the Components of a Housing Element?
8. How is a Jurisdiction's Housing Need Determined?
9. What is the Town of Atherton's RHNA Allocation for 2023-31?
10. Who came up with the number of units the Town must produce?
11. What is Builder’s Remedy?
12. What is the status of Builder’s Remedy proposals in Atherton?