This BMR is available to low income buyers through the City of Emeryville's Below Market Rate program. The income limits for this unit are:<br/> <li>$46,350 for one person <br/> <li>$53,000 for two people <br/> <li>$59,600 for three people <br/> <p> There is down payment assistance available up to $110,000 through the City of Emeryville. This $110,000 is a silent loan which accumulates a "low simple fixed interest rate. For more information regarding the City of Emeryville’s Below Market Rate program and down payment assistance please visit the City's website at: <a href="http://www.ci.emeryville.ca.us/econdev/housing_setaside.html">http://www.ci.emeryville.ca.us/econdev/housing_setaside.html</a> or call Janet Anderson at 510-596-4316. <p> Also available is the Federal Housing Tax Credit for First Time Home Buyers A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid. <p> Below Market Rate (BMR) 1 bedroom/1 bath condo (633 sq. ft.) available at the Terraces at Emery Station for $199,000. <p> Current HOA dues are $372.97 per month. <p> Great location right next to the Emeryville Amtrak station, within walking distance to Bay Street, and near many other restaurants and shops. <p> Features of the condo: <br/> <li>High 12 foot ceilings throughout condo<br/> <li>Pendant and cable lights in living room<br/> <li>New flooring throughout living room and kitchen <br/> <li>Granite counters in kitchen <br/> <li>All kitchen appliances included (Stove, refrigerator, and dishwasher) <br/> <li>Pantry with cabinet, shelving, and front loading washer/dryer <br/> <li>Upgraded shelving in living room and bedroom closets <br/> <li>New Berber carpet in bedroom <br/> <li>Spacious bathroom <br/> <p> HOA Amenities: <br/> <li>Dedicated parking space <br/> <li>Gym <br/> <li>Sauna <br/> <li>Theatr
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