Jun3Wed

Housing CommissionMenlo Park

Review and recommend Housing Commission 2026-2027 work plan

The Housing Commission will review its 2026‑2027 work plan.

Vote scheduled Jun 3Jun 3HousingNo comment option listed

What's happening

The Housing Commission will review its 2026‑2027 work plan.
The Commission will recommend the plan for City Council approval.

Why it matters

Not listed in the source document.

Who is affected

Not listed in the source document.

How to act

Attend: Not listed in the source document.

Email: Not listed in the source document.

Submit comment: Not listed in the source document.

Jun 3, 2026, 6:30 PMMeeting page SourceSummary confidence: high

Posted Jul 3, 2026, 11:13 PM PTUpdated Sep 14, 2026, 11:46 AM PT

Decision update

Approved with amendments

The Housing Commission voted to recommend that City Council approve the 2026‑2027 Housing Commission work plan, adding an amendment to increase the number of commission meetings held at the Belle Haven Community Campus to two.

Decided Jun 3, 2026.

Jun3Wed

Housing CommissionMenlo Park

Construction of BMR Housing Project

The developer agrees to build the project in compliance with the Municipal Code and all applicable laws. This presentation outlines the purpose of the city’s BMR Housing Program.

Info onlyJun 3HousingNo comment option listed

What's happening

The developer agrees to build the project in compliance with the Municipal Code and all applicable laws. This presentation outlines the purpose of the city’s BMR Housing Program.

Why it matters

Ensuring construction follows legal standards protects the quality and affordability of the new housing units.

Who is affected

rentershomeowners

How to act

Attend: Attend the Housing Commission meeting to hear the presentation.

Email: Not listed in the source document.

Submit comment: Not listed in the source document.

Jun 3, 2026, 6:30 PMMeeting page SourceSummary confidence: high

Posted Jul 14, 2026, 8:15 AM PTUpdated Aug 29, 2026, 1:24 PM PT

Decision update

Passed

The Housing Commission approved the creation of two ad‑hoc subcommittees—Housing Development and Anti‑displacement—adopted their purpose statements, and appointed Commissioners Beeli, Chapa, Oursler to the Housing Development subcommittee and Commissioners Dumont and Chapa to the Anti‑displacement subcommittee.

Decided Jun 3, 2026.

Jun3Wed

Housing CommissionMenlo Park

Establish Sales Price Using Cost Index Formula

The commission will describe how the City or its designee will set a sales price based on the original price, depreciation, and one‑third of the Bay Area cost‑of‑living index increase. The lower of market value or computed price will be used. No vote is needed.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Written Approval Process for Housing Agreement

The presentation outlines that approvals required by the agreement must be in writing, and the city manager or designee may grant approvals that cannot be unreasonably withheld.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Ownership Interest Minimum Requirement for BMR Units

Applicants must have at least 50% ownership interest in the property they purchase.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

First-Time Homebuyer Eligibility Requirement for BMR Program

The commission outlined the definition of a first‑time homebuyer. It states that no household member may have owned a primary residence in the past three years. Mobile home owners are also included.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Gather Mortgage Rates and Housing Cost Estimates

The commission will present that the City or its designee will check major lenders for current mortgage information, including interest rates and down payments, to estimate monthly housing costs. This supports the BMR unit pricing process. No decision is required.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Off-Site BMR Unit Provision Rules

The presentation states that, if authorized, developers may provide BMR units at a different site, but they must be delivered by project completion and meet the same income‑target percentages as on‑site units. Existing units must be repaired at developer expense, and pricing follows the same guidelines as on‑site units.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Refinancing Rules and Valuation Process for BMR Owners

BMR owners may refinance, but must first contact the city’s BMR housing program provider. The provider supplies the current BMR valuation and ensures any loan does not exceed that value. A refinancing fee is set by the provider.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Presentation on referrals, member appearance rules, and planning commission stipends

The commission outlined how City Council referrals are transmitted to staff liaisons, the rules for commission members speaking in public, and the $200 per month stipend for Planning Commissioners. It also described the process for disbanding advisory bodies.

Info onlyJun 3Budget & TaxesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

BMR Purchase Legacy List Eligibility Rules

The presentation explains that the city no longer maintains a ranked BMR purchase waitlist, but created a legacy list for households that were on the ranked list as of January 1, 2021, giving them priority over new applicants until the list is empty.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Presentation on minute-keeping and advisory body reports

The commission described its process for taking action minutes, maintaining a minute book, and preparing reports for City Council meetings. It noted that staff must ensure accuracy and formatting of minutes.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Presentation of Planning and City Council approvals for 624 University Dr. project

The Planning Commission approved a use permit, architectural control, and an affordable housing agreement for the 624 University Dr. project. The City Council approved a Vesting Tentative Map for the same project.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Insurance Coverage Requirements for Housing Agreement

The presentation requires the developer to maintain insurance as specified in Exhibit D at its own expense until the unit is transferred and the resale restriction agreement takes effect.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Developer Reimbursement of City Costs under Housing Agreement

The presentation says the developer must repay the city for reasonable costs, including attorney fees, incurred in reviewing transfer documents and successor qualifications, within ten days of receiving an invoice.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Sale of BMR units to low-income households

A presentation explained how BMR (Below‑Market‑Rate) units will be sold to eligible low‑income and very low‑income buyers under the BMR Ordinance. The sale process begins once the city sets the Maximum Sales Price.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Developer Indemnification Clause for Housing Agreement

The presentation states that, to the fullest extent allowed by law, the developer must indemnify and defend the city and its heirs, using counsel approved by the city.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Written Amendment Requirement for Housing Agreement

The presentation explains that the agreement cannot be changed orally; any amendment must be a written document signed by both the developer and the city.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Agreement runs with land and binds successors

The agreement states that it is a covenant that runs with the land, binding the developer’s successors and assigns to its terms.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Notice requirements and addresses

The agreement sets notice requirements, stating that notices are deemed satisfied three days after mailing or upon personal delivery, and provides the developer’s address for notices.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Recommend approval of BMR Housing Agreement for 624 University Dr.

Staff recommends the Housing Commission approve a draft Below Market Rate (BMR) Housing Agreement for a six‑unit townhouse project at 624 University Dr. The agreement includes two on‑site, for‑sale, low‑income and very low‑income units.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Prohibited transfers and defaults for BMR units

The presentation highlighted transfers that do not meet the required conditions and the resulting default consequences under the BMR agreement.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Right of First Refusal and Deed Restrictions for BMR Units

BMR units have a 55‑year right of first refusal for the City, with purchase price based on market value or seller price plus CPI adjustments.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Termination of developer obligations after BMR unit transfer

The presentation described how a developer's responsibilities end once a BMR unit is recorded to an eligible buyer, following the grant deed and Resale Restriction Agreement requirements.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

All remedies are cumulative

The agreement clarifies that any right, power, or remedy provided is not exclusive and can be used together with other rights or remedies.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Liaison appointments for housing commission

City Council will assign liaison positions to the housing commission at the start of the term in December.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Compliance with laws for BMR project

The developer must design and construct the project in accordance with all applicable state and local laws, including labor standards, zoning, building codes, and disability access requirements.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

BMR unit allocation for new development

The developer proposes two Below Market Rate (BMR) units: one low‑income unit and one very low‑income unit. The very low‑income unit is designated to satisfy the project's BMR obligation.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Developer permits and approvals for housing project

Developer must secure all required city and other governmental permits before construction begins.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Appraisal process to determine market value of BMR unit

The City or its designee obtains an appraisal to determine the unit’s market value, considering any substantial improvements made by the seller.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Funding Options: Below-Market Rate Financing

The commission will present that the BMR Housing Fund may provide below‑market‑rate financing for homebuyers as one of its eligible uses. No decision is required.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Process for New BMR Units and Condominium Conversions

Developers must notify the city when a BMR unit passes its final inspection. City staff then inspect the unit, issue a certifying letter, and determine the unit’s price using tax, HOA, and other data. Household size calculations include children under joint custody arrangements.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Governing Law for City-Developer Housing Agreement

The presentation states that the agreement will be interpreted under California law. Any references to statutes will follow future amendments, and legal actions will be taken in the County.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Partial invalidity does not affect rest of agreement

The agreement provides that if any provision is declared invalid, illegal, or unenforceable, the remaining provisions stay in effect.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Household definition for eligibility

The agreement defines a household as all persons occupying a housing unit, including family members, lodgers, foster children, wards, or employees, and sets residency requirements.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Attorney’s fees awarded to prevailing party

The agreement states that if either party brings a lawsuit to enforce rights, the prevailing party can recover reasonable attorney’s fees and costs from the other party.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Seller Notification and City Pricing for BMR Unit

The commission will describe the process after a seller notifies the City and the unit is deemed in good repair. It covers how the City sets the price for the BMR unit. No action is requested.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Design and material standards for BMR units

The presentation stated that the design and materials used in BMR units must be comparable to other new units in the development, though not required to be luxury quality.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Construction requirements for new housing project

The developer must build the project following the City’s Municipal Code and all applicable laws.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Income limits for BMR rental units

Households with gross incomes at or below the Low Income level for San Mateo County can occupy Below Market Rate (BMR) rental units.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Establish ad hoc subcommittee for Housing Commission

The Housing Commission may create an ad hoc subcommittee to advise the full commission.

Info onlyJun 3HousingNo comment option listed

What's happening

The Housing Commission may create an ad hoc subcommittee to advise the full commission.
The subcommittee will help meet annual work‑plan goals.

Why it matters

Provides focused expertise to advance housing initiatives.

Who is affected

Housing Commission membersResidents needing housing services

How to act

Attend: Not listed in the source document.

Email: Not listed in the source document.

Submit comment: Not listed in the source document.

Jun 3, 2026, 6:30 PMMeeting page SourceSummary confidence: high

Posted Jul 18, 2026, 7:38 AM PTUpdated Aug 29, 2026, 1:24 PM PT

Decision update

Passed

Decided Jun 3, 2026.

Jun3Wed

Housing CommissionMenlo Park

Legal compliance for new housing project

The developer must comply with state labor standards, zoning, building, plumbing, mechanical, electrical codes, and the ADA.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Partial invalidity does not affect remaining provisions

If any part of the agreement is declared invalid, the rest remains enforceable.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Approval process requires written consent from City Manager

The commission is reviewing the approval clause that requires written consent and may be given by the City Manager.

Info onlyComment period has passedJun 3Business & Development

Jun3Wed

Housing CommissionMenlo Park

Gather Mortgage Information for BMR Units

The City checks major lenders to obtain current mortgage rates, loan terms, points, and down‑payment requirements.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Size and Location Requirements for BMR Units

BMR units must match market‑rate units in size and square footage.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Monitoring and recordkeeping requirements for housing project

Developer must follow recordkeeping and monitoring guidelines set by the City.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

BMR Unit Prices Must Be Set Before Final Inspection

No final inspection of BMR units until the purchase or rental price is agreed in writing by the developer and the City Manager.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Off-site BMR unit provisions and developer responsibilities

The commission is reviewing rules for providing BMR units at locations other than the main development.

Info onlyComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

Household Residency Requirement for BMR Applicants

All household members must live together as their primary residence at the time of application.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Notice deemed satisfied three days after mailing

A notice is considered satisfied three days after it is mailed by first‑class certified mail.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

BMR unit allocation for new housing project

The developer proposes two BMR units: one low‑income and one very low‑income.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Process for new BMR units and condo conversions

Developers must notify the City when a BMR unit is ready for sale and occupancy.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Primary Residence rule for BMR property owners

Owners must occupy the BMR property as their primary residence for 55 years, staying at least 10 months each year.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Collecting homeowners dues, insurance, and tax figures for BMR unit

The City or its designee obtains the homeowner’s dues, insurance, and tax amounts from the seller.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Seller notification and salable condition requirements for BMR unit sale

Sellers must notify the City by certified mail and ensure the unit is in good repair and “salable condition,” covering items like flooring, systems, fixtures, and landscaping.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

City retains realtor to facilitate BMR unit sale

The City hires a realtor to manage the sale of the BMR unit.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Recommend approval of BMR agreement for 624 University Dr.

Staff asks the Housing Commission to recommend the Planning Commission approve a BMR agreement for two low‑income, for‑sale units in a six‑unit townhouse project at 624 University Dr.

Under discussionJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Submitting deed and BMR documents to title insurance for recording

The City or its designee files the Grant Deed, BMR Agreement, Deed Restrictions, and release with the title insurance company for recording.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

BMR ownership interest requirements

At least 50% of the ownership interest in a BMR property must belong to the qualifying applicant(s).

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Income Limits for BMR Rental Units

Only households with gross incomes at or below the Low Income level for San Mateo County, adjusted for household size, may occupy BMR rental units.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Subordination provisions for BMR housing agreement

The agreement will be recorded in San Mateo County records and cannot be subordinated to other liens without City written consent.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Presentation on BMR Unit Sales to Low-Income Buyers

The city will sell BMR units only to eligible low‑income or very low‑income buyers.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Conditions for Transfer of BMR Units

The presentation defines “Transfer” to include sales, assignments, or loans on BMR units.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Presentation on Prohibited Transfer and Default for BMR Units

The presentation outlines transfers that do not substantially comply with the required conditions.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Presentation on Resale Restriction Agreement for BMR Units

Buyers must sign and record a Resale Restriction Agreement that limits future sales to low‑income or very low‑income households for a period of fifty‑five (55) years.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Design and Materials Standards for BMR Units

BMR units must use design and materials comparable to other new units in the development.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Force Majeure clause for project delays

Performance delays caused by war, strikes, riots, flood or similar events are not considered a default.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

On-site BMR unit pricing and bonus unit rules

The commission is reviewing price guidelines for on‑site BMR units and the bonus‑unit allowance.

Info onlyComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

Attorneys’ fees recoverable for prevailing party

The party that wins a lawsuit can recover its costs and reasonable attorney fees from the other party.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Remedies are cumulative, not exclusive

Any right, power, or remedy in the agreement is cumulative and does not exclude other rights.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

City may waive agreement terms in writing

The City can waive any term or condition of the agreement by written consent.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Cure rights extend to developer’s partners and lenders

A cure of default made by the developer’s limited partner or senior mortgage lender counts as a cure by the developer.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Agreement binds developer’s successors and assigns

The agreement runs with the land and binds the developer and its permitted successors and assigns.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

City officials not personally liable for defaults

City members, officials, employees, and agents are not personally liable for any default or breach by the City.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Governing Law clause for housing agreement

The commission is reviewing the governing law clause of the housing agreement.

Info onlyComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

Amendment requires written agreement between developer and city

The commission is reviewing the amendment clause that only written agreements can change the housing agreement.

Info onlyComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

Insurance coverage requirements for BMR housing units

The commission is reviewing the insurance clause that sets coverage requirements until the unit is transferred.

Info onlyComment period has passedJun 3Business & Development

Jun3Wed

Housing CommissionMenlo Park

Developer must reimburse City for review costs

The commission is reviewing the cost recovery clause that requires the developer to pay the city for legal and review expenses.

Info onlyComment period has passedJun 3Business & Development

Jun3Wed

Housing CommissionMenlo Park

Definition of Household for BMR Program

A household includes all people living in a housing unit, such as family members, lodgers, foster children, or employees.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Participation requirements increase with development size

The commission is reviewing how BMR unit requirements grow as the number of units in a development increases.

Info onlyComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

BMR Purchase Legacy List eligibility and status

The commission is reviewing the legacy list that gives priority to households previously on the ranked BMR purchase waitlist.

Info onlyComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

City is sole beneficiary and enforcer of agreement

The City is the only party that can enforce the agreement to meet affordable‑housing goals.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Rules for First Time Homebuyer eligibility

Applicants must not have owned a home as a primary residence within the last three years.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

First-Time Pre-Purchase Homebuyer Education Requirement

All adult applicants and household members must complete a one-time homebuyer education workshop, class, or counseling session.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Preference Criteria for BMR Purchase and Rental List

Applicants must meet income eligibility limits to be placed on the BMR interest list.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Indemnification obligations for developer protecting the city

The commission is reviewing the indemnification clause that requires the developer to defend and hold the city harmless.

Info onlyComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

Title transfer procedures for BMR units

BMR owners must contact the City before adding anyone to title or transferring the unit.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Seller Notification and Pricing Process for BMR Units

When the seller notifies the City and the unit is deemed in good repair, the City sets the price for the BMR unit.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Appraisal Process for BMR Unit Market Value

The City or its designee obtains an appraisal to determine the market value of the unit.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Establish Sales Price for BMR Unit

The City sets the sales price based on original price, depreciation, and a portion of the Bay Area cost‑of‑living increase, using the lower of appraised value or computed price.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Open house schedule agreement for BMR unit sale

The City and seller agree on a schedule of open houses for the unit, arranged at the seller’s convenience.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Procedure Mirrors Developer Process for Seller

The procedure follows the same steps as Sections 9.1.7‑9.1.16, substituting the seller for the developer.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Procedures for Requesting BMR Fund Money

Requests for BMR fund use must be submitted to staff with details on the proposal, funding amount, households served, and loan terms.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Annual BMR Housing Fund Report and Policy Recommendations

City staff reported on activity, deposits, disbursements, and available funds for the BMR Housing Fund.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Assignment of commission liaison positions

City Council will assign liaison roles for commissions at the start of the council term in December.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Commission policies and relationship to City Council

The commission will study matters referred by the City Council and provide recommendations back to the council.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

City Council referrals and Planning Commission stipend

The commission will promptly act on referrals and requests from the City Council and report back.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Rules for refinancing BMR home loans

BMR owners can refinance their debt but must contact the City's BMR program provider first.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Funding Options for Very Low Income Housing

The BMR Housing Fund may provide below‑market‑rate financing for homebuyers.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Rental In-Lieu Fee Based on Unit Development Cost

The City Council will set a rental in‑lieu fee tied to the cost of building a standard one‑bedroom unit.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Non-discrimination covenants for housing units enforced

Developer covenants that there will be no discrimination based on protected classes in sale, lease, or occupancy of the units.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Effective date trigger for BMR housing agreement

The agreement becomes effective when the developer receives a certificate of occupancy or temporary certificate.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Presentation on Owner Occupancy Requirement for BMR Units

Purchasers must sign a statement agreeing to occupy the BMR unit as their principal residence.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Presentation on BMR Requirements for Residential Developments

Residential projects of five or more units must submit a BMR Housing Agreement.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Intentionally Omitted Agenda Item (No Details)

The agenda notes that this item is intentionally omitted and provides no further information.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Permit requirements for new housing project

The developer must obtain all city and other governmental permits before construction begins.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Commission minute-taking and advisory body reports

The commission will take action minutes and keep a signed minute book.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Income and Asset Limits for BMR Unit Purchasers

Households must have gross income at or below 120% of the San Mateo County AMI, adjusted for household size.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Maintenance responsibilities for BMR housing agreement

The developer must keep the project and property in good repair and safe condition during the agreement term.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

City Council referrals and commission responsibilities

The city clerk will send all City Council referrals to the designated staff liaison.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

BMR Housing Agreement for new development

Developer must execute and record a BMR Housing Agreement before a building permit can be issued.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Take action minutes for Housing Commission

Commission members may take action minutes after agreement.

Info onlyJun 3Public ServicesNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

City Council work plan priorities for affordable housing

The work plan includes pursuing affordable housing on city‑owned downtown parking lots.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Price setting process after seller notifies City for BMR unit

After the seller notifies the City and the unit is approved as salable, the City sets the sale price for the BMR unit.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Gathering current mortgage information for BMR unit financing

The City or its designee checks major lenders for prevailing interest rates, loan terms, points, and minimum down payments, then estimates monthly housing costs.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Sales price calculation method for BMR unit

The City establishes the sales price using the original selling price, depreciation of improvements, and one‑third of the Bay Area cost‑of‑living index increase, choosing the lower of the appraised value or the computed price.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Procedural steps for BMR unit sale follow earlier guidelines

The sale procedure follows the same steps outlined in earlier sections, substituting the seller for the developer.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Process for New BMR Units and Condo Conversions

Developers must notify the city when a BMR unit passes its final building inspection and is ready for sale.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Update on community outreach and resource fair

The subcommittee provided an update on the community outreach and resource fair.

Info onlyComment period has passedJun 3Public Services

Jun3Wed

Housing CommissionMenlo Park

Maintenance responsibilities for housing project ongoing

Developer must keep the project and property in good repair, safe and sanitary condition during the agreement term.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Compliance with laws for housing project

Developer must design and build the project in compliance with all applicable laws, codes, and disability access requirements.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Subordination clause for housing project agreement

Agreement will be recorded in San Mateo County records and cannot be subordinated to any lien without City consent, except for taxes and permitted encumbrances.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Requirements for off-site BMR housing units

Developers may provide off‑site BMR units if approved, and must be ready before project completion while meeting the same income criteria as on‑site units.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Prohibited Transfer and Default Procedures for BMR Units

The presentation explains that a transfer not complying with the conditions is deemed a “Prohibited Transfer.”

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Exhibit D: Insurance Requirements for Very-Low-Income BMR Home

Presentation of the insurance requirements exhibit for a very‑low‑income below‑market‑rate home resale restriction.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Recording Request and Lease Restrictions for BMR Units

The City records the agreement at no charge and requires owner consent for any lease or rental, especially short‑term rentals.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

BMR Purchase Legacy List Priority Rules

The city no longer maintains a ranked BMR purchase waitlist and does not add new households to it.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Planning Commission approved permit and recommends vesting map

After a public hearing, the Planning Commission approved a use permit, architectural control, affordable housing agreement, and concessions for a project under State Density Bonus Law.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

How Sales Prices Are Determined for BMR Units

The maximum sales price is calculated to be affordable for eligible BMR households using income limits, mortgage rates, down payments, and other homeownership costs.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Effective date tied to occupancy certificate

The agreement becomes effective when the developer receives a certificate of occupancy or temporary certificate of occupancy from the City.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Future agenda items preview

The commission will discuss items that may appear on future agendas.

Info onlyComment period has passedJun 3Public Services

Jun3Wed

Housing CommissionMenlo Park

Refinancing rules and valuation process for BMR owners

BMR owners must contact the City’s BMR Housing Program provider before refinancing or taking an equity line.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

First-Time Homebuyer Requirement for BMR Applicants

All household members must not have owned a primary residence in the past three years.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Insurance requirements for BMR housing project

Developer must maintain the specified insurance policies throughout the affordability period.

Info onlyJun 3Business & DevelopmentNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

BMR Housing Agreement legal description and approval process

The BMR Housing Program aims to increase affordable housing for low- and moderate-income households.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Pricing for on-site BMR housing units

Initial selling price for BMR for‑sale units is set based on a percentage of area median income (AMI) for various income levels.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Intentionally Omitted

No details are provided for this item.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Presentation on project construction compliance

Developer agrees to construct the project in accordance with the Municipal Code and all applicable laws.

Info onlyJun 3Business & DevelopmentNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Future agenda items: housing agreement, work plan, committees

Recommend the Planning Commission approve a below‑market‑rate housing agreement for a 6‑unit development at 624 University Dr.

Info onlyComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

Exhibit for Low-Income BMR Home Resale Restriction

Presentation of the exhibit that details the resale restriction agreement for a low‑income below‑market‑rate home.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Owner Occupancy Requirement for BMR Units

The presentation states that purchasers must sign a statement agreeing to occupy the BMR unit as their principal residence and not rent it, except as allowed.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Sale of BMR Units to Low-Income Buyers

The presentation explains that BMR units will be sold only to eligible low‑income or very low‑income buyers as defined by state code.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Partial Release of Developer Obligations for BMR Units

The presentation describes that developer obligations end when the BMR unit is recorded to the buyer or City under the grant deed and resale restriction agreement.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Staff updates: Affordable Housing Month and parking lot open house

Staff reported on May’s Affordable Housing Month.

Info onlyComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

Vote on below-market-rate housing at 624 University Dr.

The commission will consider a recommendation to approve a 6‑unit, below‑market‑rate housing project at 624 University Dr.

Routine approvalComment period has passedJun 3Public Services

What's happening

The commission will consider a recommendation to approve a 6‑unit, below‑market‑rate housing project at 624 University Dr.
The recommendation will be sent to the Planning Commission for final approval.

Why it matters

Adds six affordable units, helping renters and supporting city housing goals.

Who is affected

rentersprospective residentsnearby residentslocal businesses

How to act

Attend: In person at Arrillaga Recreation Center Oak Room or online via Zoom (Meeting ID 865 4847 4804).

Email: jaherren@menlopark.gov

Submit comment: Send written comments to the City Clerk at jaherren@menlopark.gov before the meeting.

Jun 3, 2026, 6:30 PMMeeting page SourceSummary confidence: high

Posted Jul 21, 2026, 8:25 AM PTUpdated Sep 14, 2026, 11:46 AM PT

Decision update

Passed

The Housing Commission voted to approve its May 6, 2026 meeting minutes. The minutes are now officially approved.

Decided Jun 3, 2026.

Jun3Wed

Housing CommissionMenlo Park

Anti-Displacement Strategy presentation

Commission will develop an anti-displacement strategy and evaluate community-identified tools.

Info onlyJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Review of two Below-Market-Rate (BMR) housing units

Developer proposes two BMR units: one low-income and one very low-income.

Under discussionJun 3HousingNo comment option listed

Jun3Wed

Housing CommissionMenlo Park

Recommendation for below-market-rate 6-unit housing at 624 University Dr.

The Commission will recommend that the Planning Commission approve a below‑market‑rate housing agreement with Park South 624, LLC.

Vote scheduled Jun 3Comment period has passedJun 3Housing

What's happening

The Commission will recommend that the Planning Commission approve a below‑market‑rate housing agreement with Park South 624, LLC.
The agreement covers a new 6‑unit development at 624 University Dr.

Why it matters

It creates affordable housing units in Menlo Park, helping address the housing shortage and keeping rents lower for residents.

Who is affected

renterslow‑income householdsnearby residentsdevelopers

How to act

Attend: Attend the meeting in person at Arrillaga Recreation Center, Oak Room or join via Zoom (Meeting ID 865 4847 4804).

Email: Email the City Clerk at jaherren@menlopark.gov for comments.

Submit comment: Submit written comments by email to the City Clerk before the meeting.

Jun 3, 2026, 6:30 PMMeeting page SourceSummary confidence: high

Posted Jul 21, 2026, 8:25 AM PTUpdated Sep 14, 2026, 11:46 AM PT

Decision update

Passed

The item “Recommendation for below‑market‑rate 6‑unit housing at 624 University Dr” passed (4–0–3).

Decided Jun 3, 2026.

Jun3Wed

Housing CommissionMenlo Park

Housing Commission staff updates and announcements

Staff shared recent updates and announcements relevant to the Housing Commission.

Info onlyComment period has passedJun 3Public Services

Jun3Wed

Housing CommissionMenlo Park

Establish ad-hoc committees and adopt purpose statements

The commission will create ad‑hoc committees, adopt their purpose statements, and select members.

Under discussionComment period has passedJun 3Housing

Jun3Wed

Housing CommissionMenlo Park

Commissioner updates at June 3 Housing Commission meeting

Commissioners will share recent updates and information.

Info onlyComment period has passedJun 3Public Services

SimpleCity is free for everyone

Housing Commission - June 3, 2026

Easy-to-understand decision summaries

Review and recommend Housing Commission 2026-2027 work plan

Approved with amendments

Construction of BMR Housing Project

Passed

Establish Sales Price Using Cost Index Formula

Written Approval Process for Housing Agreement

Ownership Interest Minimum Requirement for BMR Units

First-Time Homebuyer Eligibility Requirement for BMR Program

Gather Mortgage Rates and Housing Cost Estimates

Off-Site BMR Unit Provision Rules

Refinancing Rules and Valuation Process for BMR Owners

Presentation on referrals, member appearance rules, and planning commission stipends

BMR Purchase Legacy List Eligibility Rules

Presentation on minute-keeping and advisory body reports

Presentation of Planning and City Council approvals for 624 University Dr. project

Insurance Coverage Requirements for Housing Agreement

Developer Reimbursement of City Costs under Housing Agreement

Sale of BMR units to low-income households

Developer Indemnification Clause for Housing Agreement

Written Amendment Requirement for Housing Agreement

Agreement runs with land and binds successors

Notice requirements and addresses

Recommend approval of BMR Housing Agreement for 624 University Dr.

Prohibited transfers and defaults for BMR units

Right of First Refusal and Deed Restrictions for BMR Units

Termination of developer obligations after BMR unit transfer

All remedies are cumulative

Liaison appointments for housing commission

Compliance with laws for BMR project

BMR unit allocation for new development

Developer permits and approvals for housing project

Appraisal process to determine market value of BMR unit

Funding Options: Below-Market Rate Financing

Process for New BMR Units and Condominium Conversions

Governing Law for City-Developer Housing Agreement

Partial invalidity does not affect rest of agreement

Household definition for eligibility

Attorney’s fees awarded to prevailing party

Seller Notification and City Pricing for BMR Unit

Design and material standards for BMR units

Construction requirements for new housing project

Income limits for BMR rental units

Establish ad hoc subcommittee for Housing Commission

Passed

Legal compliance for new housing project

Partial invalidity does not affect remaining provisions

Approval process requires written consent from City Manager

Gather Mortgage Information for BMR Units

Size and Location Requirements for BMR Units

Monitoring and recordkeeping requirements for housing project

BMR Unit Prices Must Be Set Before Final Inspection

Off-site BMR unit provisions and developer responsibilities

Household Residency Requirement for BMR Applicants

Notice deemed satisfied three days after mailing

BMR unit allocation for new housing project

Process for new BMR units and condo conversions

Primary Residence rule for BMR property owners

Collecting homeowners dues, insurance, and tax figures for BMR unit

Seller notification and salable condition requirements for BMR unit sale

City retains realtor to facilitate BMR unit sale

Recommend approval of BMR agreement for 624 University Dr.

Submitting deed and BMR documents to title insurance for recording

BMR ownership interest requirements

Income Limits for BMR Rental Units

Subordination provisions for BMR housing agreement

Presentation on BMR Unit Sales to Low-Income Buyers

Conditions for Transfer of BMR Units

Presentation on Prohibited Transfer and Default for BMR Units

Presentation on Resale Restriction Agreement for BMR Units

Design and Materials Standards for BMR Units

Force Majeure clause for project delays

On-site BMR unit pricing and bonus unit rules

Attorneys’ fees recoverable for prevailing party

Remedies are cumulative, not exclusive

City may waive agreement terms in writing

Cure rights extend to developer’s partners and lenders

Agreement binds developer’s successors and assigns