What to do
1. Decide if you want to apply
You will need some money saved up for downpayment and closing costs. Generally, downpayment is 3% of the sales price. Closing costs can be 2 to 3% of the sales price.
2. Apply for listings
3. See lottery results on your listing
Selling your below market rate home
When you sell this home, the City will set the sales price and assign a buyer through a lottery.
You can get downpayment help if you need it.
See progress of new affordable housing sales
See charts showing how many applications are in review, approval, and closing for all our new units.
Last updated June 11, 2020