The HouseKeys Ownership Marketplace
(Page organized alphabetically) / Last Updated: 2/21/2025
THE CITY OF ALAMEDA
City Guidelines
First-time Homebuyer - Required
LTV - 50% to 97%
top/bottom ratios - 35% (min 28%)
Asset Cap - none
Credit score - must pass lender’s criteria
drawing status:
OD 259 - Currently reviewing batch 7
BAY 37 BY PULTE HOMES
(od 259 - 1 UNIT) MODERATE INCOME - 1 BED plus loft / 1.5 BATH / 1 Car garage - $382,540 - hoa $392 - Approx. 1,000 sq. ft.
(od 259 - 5 UNITs) MODERATE INCOME - 2 BED / 1.5 TO 2.5 BATH - $433,613 - hoa $378 to $392 - Approx. 910 to 1,138 sq. ft.
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $398.48 to $451.68
Solar - $9,400 to $14,000 (lease or purchase)
Homeowners Insurance - HO6 (Est. $60)
Drawing Entry Deadline: 8/23/2024 @ 5 pm
File Submission Deadline: Final Ranking # 1-30 is 9/5/2024 @ 5 pm.
THE CITY OF CAMPBELL
City Guidelines
First-time Homebuyer - Required. Exceptions include:
(1) A displaced homemaker who, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse. A displaced homemaker is an adult who has not, within the preceding two years, worked on a full-time basis as a member of the labor force for a consecutive twelve-month period and who has been unemployed or underemployed, experienced difficulty in obtaining or upgrading employment and worked primarily without remuneration to care for his or her home and family; or
(2) A single parent who, while married, owned a home with his or her spouse or resided in a home owned by the spouse. A single parent is an individual who is unmarried or legally separated from a spouse and has one or more minor children for whom the individual has custody or joint custody or is pregnant or
(3) An existing BMR homeowner who no longer meets the occupancy standards in these guidelines and otherwise qualifies to purchase a larger or smaller BMR home at the time of re-application.
LTV - 97% to 70%
top/bottom ratios - 40/45
Asset Cap - 50% of household AMI plus the down payment of up to 20% of the BMR price
Credit score - Minimum 620
Drawing status:
OD 651 - Drawing closed
resale - 203 sunkist way
(OD 651) MODERATE INCOME - 3 BED / 2.5 bath - $790,011 - Approx. 1507 Sq. Ft. - HOA: $300
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $822.93
Solar - N/A
Homeowners Insurance - H06
entry deadline:1/24/2025
File submission Deadline: 1/30/2025
Drawing status:
OD 665 - Drawing open
union Villas
(OD 665) MODERATE INCOME - 2 BED / 3 bath - $501,738 - Approx. 1330 Sq. Ft. - HOA: $373.62
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $TBD
Solar - Purchase $8,586 or $72.00/month lease
Homeowners Insurance - H06
Special Tax assessments: TBD
entry deadline:3/7/2025
File submission Deadline: 3/20/2025 (Only applies to first 100 ranked applicants)
CONTRA COSTA COUNTY
City Guidelines
First-time Homebuyer - The household has not owned a residence within the previous three years.
LTV - None.
top/bottom ratios - None
Asset Cap - The household has no more than $250,000 in assets. This amount excludes assets reserved for down payment and closing costs, assets in retirement savings accounts, and assets in medical savings accounts.
Credit score - no minimum
Drawing status:
OD 543 - Open for entry on a first-file, first-served basis.
Oak Grove by Summerhill
(City of Walnut Creek)
(OD #543 - 2 units) Moderate Income - 4 Bed / 2 Bath - Est. $586,732 - 1,522 sq. ft. - HOA $359
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $566.11 to $622.28
Solar - Solar is NOT included in the purchase price. Solar Cost (approx.):Plan 3 (4-bedroom) $9,490
Solar Lease Option per month (approx.):
4-bedroom lease $93 - $110
Additional Supplemental Tax: $94.82 / month
Homeowners Insurance - HO6 (Est. $60)
Additional CFD Costs: $53.46 / month
FIRST File FIRST SERVED (Open until all units listed on the Notice (ODN) are filled)
- SEE the OPPORTUNITY DRAWING NOTICE on the opportunity page FOR DETAILS AND INSTRUCTIONS
[What is a Community Facilities District (CFD)? A CFD is a Special Tax District provided by state law that funds the installation of public improvements or ongoing services within an identified area. A special tax is levied on taxable property within the district boundaries.]
Drawing status:
OD 560 - Open on a first-file, first-served basis!
Seagrass by pulte Homes
(Town of Discovery Bay)
(5 units) Moderate Income - 4 bed - Sales Price: $570,301 - HOA: $312
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $594.06
Solar - Lease - $267/mo, Purchase - $37,050
Homeowners Insurance - full
Mello Roos: $188 (Increasing 5% per year)
entry deadline: 4/30/2024
File submission Deadline: 5/23/2024
THE CITY OF HAYWARD
City Guidelines
First-time Homebuyer - not required
LTV - 97%
top/bottom ratios - 40/45
Asset Cap - No limit. Must disclose all assets.
Credit score - The credit report must include information from all three credit bureaus (Experian, TransUnion, Equifax) and use a mortgage-risk model (used by licensed mortgage lenders). Must Meet lender’s credit score guidelines
Drawing status:
OD 592 - Closed - Applicants under review.
Fusion by homes built for America
(6 UNITS) Moderate INCOME - 3 BED / 2.5 bath- $491,578 - hoa: $424 - APPROX. 1761 SQ. FT.
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $512.06
Solar - Lease: $69-$83 monthly or
Purchase:$14,000
Homeowners Insurance - HO6 (Est. $60)
Entry deadline: 7/2/2024
File submission Deadline: 7/25/24 by 5:00 PM. This deadline applies to Batch #1: Final Ranking # 1-14. We will continue to move down the ranked list until all buyers are identified.
Drawing status:
OD 557 - OPEN on a first-file, first-served basis.
Somi by homes built for America
Applicants will be reviewed on a First-File, First-Served basis.
(3 UNITS) 2 BED / 2 BATH - SALES PRICE: $397,570
APPROX. 1125 - 1407 SQ FT - HOA: $719 - MODERATE INCOME UP TO 120% AMI
Estimated monthly Non-Mortgage Costs:
Est. Property Taxes - $599.28
Solar - Included in the sales price
Homeowners Insurance - HO6 (Est. $60)
FIRST File FIRST SERVED (Open until all units listed on the Notice (ODN) are filled)
- SEE the OPPORTUNITY DRAWING NOTICE on the opportunity page FOR DETAILS AND INSTRUCTIONS
CITY OF HERCULES
City Guidelines
First-time Homebuyer - TBD
LTV - TBD
top/bottom ratios - TBD
Asset Cap - TBD
Credit score - TBD
more Opportunites coming soon!
CITY OF HOLLISTER
City Guidelines
First-time Homebuyer - NO REQUIREMENT
LTV - defer to lender
top/bottom ratios - defer to lender
Asset Cap - NO ASSET LIMIT
Credit score - defer to lender
drawing status:
OD 540: open on a first-file, first-served basis
Brighton AT FAIRVIEW BY KB HOME
FIRST FILE FIRST SERVED - SEE THE OPPORTUNITY DRAWING NOTICE FOR DETAILS AND INSTRUCTIONS
(od 540) mODERATE iNCOME - 3 BED / 2.5 BATH - $508,786.01 - Approx. 1,726 to 1,775 Sq Ft - hoa: $53
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $517.26
Solar - LEASE EST. $168/MO
Homeowners Insurance - Full insurance policy
Est. County Taxes: $139.19/mo
Est. Supplemental Property Tax - $144.28
FIRST File FIRST SERVED (Open until all units listed on the Notice (ODN) are filled)
- SEE the OPPORTUNITY DRAWING NOTICE on the opportunity page FOR DETAILS AND INSTRUCTIONS
Ranking Numbers from previous releases are no longer valid. If you entered the drawing, you don’t need to enter it again; however, you must follow the instructions and submit the documents as noted on the Opportunity Drawing Notice (4th Release) for consideration. Applicants who opted out will not be processed.
THE CITY OF LAFAYETTE
City Guidelines
First-time Homebuyer - not required
LTV - none. cash purchases acceptable
top/bottom ratios - based on lender guidelines
Asset Cap - no asset limit
Credit score - Based on lender requirements
Drawing Status:
OD 263: currently reviewing files
OD 264: currently reviewing files
OD 265: currently reviewing files
OD 266: currently reviewing files
OD 267: currently reviewing files
the Brant by Lennar
(OD 265 - 1 unit) MODERATE INCOME - 3 bed / 2 bath - $502,673 - $743.56 HOA
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $619.67
Solar - N/A
Homeowners Insurance - must be included in ratios)
(OD 263 - 3 units) MODERATE INCOME - 2 bed / 2 bath - $445,240 - $743.56 HOA
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $546.29
Solar - N/A
Homeowners Insurance - (must be included in ratios)
(OD 266 - 2 units) MODERATE INCOME - 1 bed / 1 bath - $387,116 - $743.56 HOA
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $471.45
Solar - N/A
Homeowners Insurance - (must be included in ratios)
(od 264 - 2 units) low INCOME - 2 bed / 2 bath - $171,336 - $743.56 HOA
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $21.85
Solar - N/A
Homeowners Insurance - (must be included in ratios)
(OD 267 - 2 units) VERY LOW INCOME - 1 bed / 1 bath - $55,366 - $743.56 HOA
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $62.4
Solar - N/A
Homeowners Insurance - (must be included in ratios)
File submission Deadline: Passed
Drawing status:
None active
Woodbury Highlands by Davidon Homes
More units coming 2025
THE TOWN OF LOS GATOS
City Guidelines
First-time Homebuyer - An applicant whose name has not appeared on a residential title in the counties covered by the ABAG or AMBAG, which are Alameda, Contra Costa, Marin, Monterey, Napa, San Benito, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano, and Sonoma for at least three years before application.
LTV - 97%
top/bottom ratios - none
Asset Cap - no asset limit
Credit score - none
more Opportunites coming soon!
THE CITY OF MILPITAS
City Guidelines
First-time Homebuyer - Required. cannot have owned a home for the last 3 years
top/bottom ratios - defer to lender
Asset Cap - no limit
Credit score - defer to lender
drawing status:
OD 609 - Drawing open on a first-file, first-served basis
Lumen by kb home
(OD 609 - 5 Units) Moderate income - 3 Bed / 2 bath - Sales Price: $746,079 - HOA: $446 ($404 at build-out) - Approx. 1,415 to 1,510 Sq Ft
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $787.67/mo.
Solar - Lease - $125/month to $158/month
Homeowners Insurance - h06
Special Tax Assessments (e.g. Mello-Roos): $65.30/month (estimated)
Supplemental Tax: $16.12/month (estimated)
Applicants will be reviewed on a First-File, First-Served basis. Please refer to the Opportunity Drawing Notice for further details. Applicants who opted out can submit to participate as a First File First Serve by following the process
THE CITY OF MORGAN HILL
City Guidelines
First-time Homebuyer - Required. Exceptions include:
(1) A displaced homemaker who, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse. A displaced homemaker is an adult who has not, within the preceding two years, worked on a full-time basis as a member of the labor force for a consecutive twelve-month period and who has been unemployed or underemployed, experienced difficulty in obtaining or upgrading employment and worked primarily without remuneration to care for his or her home and family; or(2) A single parent who, while married, owned a home with his or her spouse or resided in a home owned by the spouse. A single parent is an individual who is unmarried or legally separated from a spouse and has one or more minor children for whom the individual has custody or joint custody or is pregnant, or(3) An existing BMR homeowner who no longer meets the occupancy standards in these guidelines and otherwise qualifies to purchase a larger or smaller BMR home at the time of re-application.
LTV - 97% or lower
top/bottom ratios - 40/45
Asset Cap - 50% of household AMI plus the down payment of up to 20% of the BMR price
Credit score - Minimum 620
Down Payment Assistance for Morgan hill:
Applicants making UP TO 120% AMI (Moderate Income):
Up to $50,000 from Morgan Hill BEGIN. NOW A 0% INTEREST
Applicants making UP TO 80% AMI (Low Income). Households may apply for all three sources for a total of $320,000 (conditional upon approval):
Up to $100,000 from CalHOME - County of Santa Clara.
Up to $100,000 from Santa Clara County -Measure A Funds
All county funds are loans with a 0% interest policy.
Application fees may apply.
Up to $120,000+ from Morgan Hill BEGIN. NOW A 0% INTEREST
drawing status:
OD 534: Accepting applicants
Rosewood by Brookfield Residential (Moonstone)
(od 534) moderate income — 4 BED / 2.5 BATH—$846,000—HOA: $439.68—1844 SQ. FT.
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $802.71
Solar - Purchase Cost (Estimated): $13,900 / Lease Cost: $128-175/month
Homeowners Insurance - HO6 (Est. $60)
Direct Levis: $10.57/month
Mello Roos: $281/month
Drawing Entry Deadline: 1/30/2025 by 5 PM
File Submission Deadline: 2/20/2025 by 5:00 PM
drawing status:
OD 625: open on a first-file, first-served basis
Rosewood by Brookfield Residential (Sundance)
(od 625) moderate income—4 BED / 2.5 BATH—$846,000—HOA: $440—2040 SQ. FT.
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $801.72
Solar - Purchase Cost (Estimated): $13,900 / Lease Cost: $128-175/month
Homeowners Insurance - HO6 (Est. $60)
Direct Levis: $10.57/month
Mello Roos: $281/month
FIRST File FIRST SERVED (Open until all units listed on the Notice (ODN) are filled)
- SEE the OPPORTUNITY DRAWING NOTICE on the opportunity page FOR DETAILS AND INSTRUCTIONS
Drawing status:
OD 627 - Open on a first-file, first-served basis for drawing applicants until 2/6/25
1230 Mesquite Lane
(od 627) Low income - 3 BED / 2.5 BATH - $503,000 - HOA: $240/mo
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $TBD
Solar - Not Applicable
Homeowners Insurance - Full Required
FIRST File FIRST SERVED (Open until all units listed on the Notice (ODN) are filled)
- SEE the OPPORTUNITY DRAWING NOTICE on the opportunity page FOR DETAILS AND INSTRUCTIONS
THE CITY OF MOUNTAIN VIEW
City Guidelines
First-time Homebuyer - Not Required
LTV - 70%
top/bottom ratios - If a household is within household income limits, the city accepts the front & Back ratios the first mortgage lender will allow.
Asset Cap - Assets of an owner cannot exceed 30% of the purchase price of the BMR unit or $150,000, whichever is lower, excluding funds dedicated to federally recognized retirement programs
Credit score - N/A
More opportunities coming soon!
THE CITY OF SAN LUIS OBISPO
City Guidelines
First-time Homebuyer - TBD
LTV - TBD
top/bottom ratios - TBD
Asset Cap - Cannont exceed 1/2 of the purchase price
Credit score - TBD
More opportunities coming soon!
THE CITY OF SANTA CLARA
City Guidelines
First-time Homebuyer - Required
LTV - 70%
Top/bottom ratios:
- Very Low (30/45)
- Low (38/45)
- Moderate (40/45)
Asset Cap - (post-closing)
- Low ($60,000)
- Moderate ($100,000)
Credit score - Minimum 640
More opportunities coming soon!
THE CITY OF SAN JOSE
City Guidelines
First-time Homebuyer - TBD
LTV - TBD
top/bottom ratios - TBD
Asset Cap - TBD
Credit score - TBD
Drawing status:
OD 589 - CLOSED - preparing final ranking
ROSE LANE BY ROBSON HOMES
(od 589 - 4 units) low income - 4 bed 3 Bath - $382,431 - $355 HOA - TBD sq. ft.
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $354.38
Solar - Included in the sales price
Special Tax Assessments Supplemental:
Estimated $144.28 per month ($1,731.44 per year)
Homeowners Insurance - HO6 (Est. $94)
Mello Roos: $202.29/mo
Drawing Entry Deadline: 12/6/2024 5:00 pm
File Submission Deadline: 1/10/2024 by 5:00 PM
THE CITY OF SAN RAMON
City Guidelines
First-time Homebuyer - First-time Homebuyer - Required. Exceptions include:
(1) A displaced homemaker who, while a homemaker, owned a home with his or her spouse or resided in a home owned by the spouse. A displaced homemaker is an adult who has not, within the preceding two years, worked on a full-time basis as a member of the labor force for a consecutive twelve-month period and who has been unemployed or underemployed, experienced difficulty in obtaining or upgrading employment and worked primarily without remuneration to care for his or her home and family; or(2) A single parent who, while married, owned a home with his or her spouse or resided in a home owned by the spouse. A single parent is an individual who is unmarried or legally separated from a spouse and has one or more minor children for whom the individual has custody or joint custody or is pregnant, or(3) An existing BMR homeowner who no longer meets the occupancy standards in these guidelines and otherwise qualifies to purchase a larger or smaller BMR home at the time of re-application.
LTV - 97% or lower
top/bottom ratios - 40/45
Asset Cap - 50% of household AMI plus the down payment of up to 20% of the BMR price
Credit score - Minimum 620
Drawing status:
OD 621 - Drawing closed - Reviewing applicants
OD 622 - Drawing closed - Reviewing applicants
OD 623 - Drawing closed - Reviewing applicants
OD 624 - Drawing closed - Reviewing applicants
City Village by Summerhill Homes
(3 units - OD 621) Low Income - 3 Bed / 3.5 Bath - Price: $272,392 - HOA: $356.39 -Approx. 1716-1817 Sq Ft
(1 unit - OD 622) Low Income - 4 Bed / 3.5 Bath - Price: $293,494 - HOA: $356.39 -Approx. 1988 Sq Ft
(2 Units - OD 623) Moderate Income - 3 Bed / 3.5 Bath - Price: $585,816 - HOA: $356.39 -Approx. 1817 Sq Ft
(2 units - OD 624) Moderate Income - 4 Bed / 3.5 Bath - Price: $631,980 - HOA: $356.39 -Approx. 1988 - 2249 Sq Ft
Estimated Monthly Non-Mortgage Costs:
Est. Property Taxes - $TBD
Solar - TBD
Homeowners Insurance - HO6 (Est. $60)