Affordable Housing Ordinance

City of Campbell’s Inclusionary (Affordable) Housing Ordinance intends to increase the availability of affordable housing for very-low income, low-income, and moderate-income households. Likewise, the City’s Density Bonus Ordinance encourages developers to build additional affordable housing units in exchange for allowing more market-rate units. 

Priority (for up to 10% of all affordable units) is given to income eligible employees of the City of Campbell (first), income eligible existing Campbell residents (second), and income eligible persons employed within the city limits of the City of Campbell (third). If you do not fall into one of the three priority categories, you may still be able to acquire an affordable unit depending on how many people who have priority qualify. 

Annual income limits for Santa Clara County are based on household size and are updated annually by the Federal Department of Housing and Urban Development (HUD).

Below Market Rate Housing Program
The City works with nonprofit and for-profit housing providers to create rental and home-ownership units in Campbell. 

There are several new developments under construction or in the planning phase that will include affordable rental and ownership units. A brief description is provided below.

For more information or to be placed on the City’s BMR Interest List, contact Cindy McCormick in the City’s Planning Department 408-871-5103 or cindym@cityofcampbell.com

In addition to falling below the maximum household income levels, persons interested in purchasing one of the ‘ownership’ units should be a first-time homeowner and will have to “pre-qualify” for a mortgage, taking into account down-payment availability, current debt, and credit score/history. The sales price of a below market rate home is based on the maximum amount a household could afford including the mortgage payment and other housing costs such as mortgage interest, property taxes, and utilities. 
“Revere” Rental Apartments 
(Developer: Bay West) - 168-unit Development (includng market rate apartments)
14 Very Low income rental units (1-BR and 2-BR)
Address: 1677 South Bascom Avenue
Status: Under construction. More information should be available mid-to-late June 2015
“Cottage Place” Townhomes (Ownership)
(Developer: DR Horton) - 18-unit Development (includinng market rate homes) 
3 BMR homes:
Two 3-BR Moderate income units 
One 3-BR Low income unit
Address: 45-81 Kennedy Avenue
Status: Not yet under construction. More information should be available late-June 2015

First Time Home Buyer Programs
Following state legislation to balance California’s budget, the City of Campbell no longer has housing funds to directly provide first time home buyer loans. However, the following agencies may provide affordable housing opportunities, including loans, to those wishing to live in Campbell: 

The Housing Trust of Santa Clara County (HTSV) 408-436-3450
HTSV’s Homebuyer Assistance Programs offer down payment assistance to first-time homebuyers through 3 loan products to help low to moderate income households finance their down payment and closing costs.  
        Mortgage Assistance (MAP)
        Closing Cost Assistance
        Gap Assistance (GAP) 

Neighborhood Housing Services of Silicon Valley (NHSSV)  408-279-2600
NHSSV First Time Home Buyer & Down Payment Assistance Programs include First Mortgage and Down Payment Assistance Lending, HUD Counseling, and Real Estate Services. NHSSV’s 9 Step BMR Process helps BMR buyer applicants from Orientation to Ownership.

Foreclosure Counseling
Project Sentinel provides free mortgage delinquency counseling to homeowners experiencing difficulty in making their current and future mortgage payments. HUD-certified agencies, such as Project Sentinel, offer free services by staff trained and approved by the federal government. For more information please read the fact sheet or contact Project Sentinel to obtain an application for mortgage default counseling. Homeowners should beware of foreclosure rescue scams from companies that request substantial, up-front, non-refundable fees but may not ultimately help you. 

Campbell Rental Increase Dispute Resolution Ordinance

The City of Campbell encourages property owners to limit rent increases to fair and reasonable amounts, provide greater than minimum advance notice of increases, limit the number of rent increases in any one year to as few as possible, provide well maintained living units, discourage retaliatory evictions, and cooperate with their tenants toward resolving any disputes. Frequently Asked Questions 

Rental Dispute Counseling (408) 243-8565

In cooperation with the City, Project Sentinel will provide information, counseling, conciliation and mediation services to residents and owners of rental property in the City of Campbell.