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.
Before you can apply, you must do homebuyer education and get a mortgage loan preapproval letter from an approved lender.
2. Apply for listings
Each listing has a deadline. Check income requirements for each listing.
3. See lottery results on your listing
Each listing contains a lottery date. We post results to the listing no later than 1 week after the lottery.
If your lottery number is in the top results, you will need to send in more paperwork.
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.
Special cases
Downpayment loans
Downpayment loans
You can get downpayment help if you need it.
See progress of new affordable housing sales
See progress of new affordable housing sales
See charts showing how many applications are in review, approval, and closing for all our new units.
Get help
Get email alerts for new listings
Last updated August 25, 2023