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City of Fremont Sharing New Below Market Price Home for Sale
- [Registrant]City of Fremont
- [Language]日本語
- [Location]Fremont
- Posted : 2025/03/19
- Published : 2025/03/19
- Changed : 2025/03/19
- Total View : 47 persons
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City of Fremont Sharing New Below Market Price Home for Sale
Post Date: 03/19/2025 10:04 AM
Four Bedroom Hartford BMP Home
The City of Fremont has a brand-new Below Market Price (BMP) home [ https://www.myhomegateway.org/hartfordbmp3bdhome.html ] available for sale through the City’s First Time Homebuyer Program [ https://www.fremont.gov/government/departments/housing/affordable-housing/first-time-homebuyer-program ]. The townhome is part of the new Hartford master-planned community [ https://www.lennar.com/new-homes/california/san-francisco-bay-area/fremont/hartford ] in the Niles District in Fremont.
Interested homebuyers are required to submit a lottery application packet and participate in a lottery to be selected to purchase the Hartford BMP home. Bay Area Affordable Homeownership Alliance (BAAHA) [ https://www.myhomegateway.org/hartfordbmp3bdhome.html ], a 501c3 nonprofit housing organization, has been contracted by the project developer to manage the lottery application process for the Hartford BMP home.
**
*BMP Home for Sale*
Townhome with 3 Bedrooms and 2.5 Bathrooms
Address: 38013 Cinematic Common
Purchase Price: $579,444
Household Size: 3 to 7 People
Hartford's model homes—located at 37903 Niles Blvd.—are open daily for viewing from 10 a.m. to 6 p.m. Please keep in mind that the model home for the BMP home (Plan T1) is not available. Plan T2 is available for viewing and similar to the BMP home, just slightly larger. Hartford staff is available on-site to answer questions.
**
*Eligibility Requirements*
To be eligible to purchase a BMP home, applicants must be a U.S. citizen or permanent resident and may not have owned a home within the last three years. Priority will be given to those currently living or working in Fremont. Those who do not qualify for the live/work preference priority are still eligible to apply.
**
*Income Requirements*
An applicant's annual household gross income (before taxes) must meet the minimum and maximum limits listed below. For example, a 3-person household must earn at least $108,750 and no more than $168,150 a year before taxes to be eligible. Applicants with incomes close to the limits are still encouraged to apply.
* 3-person household: $108,750 - $168,150
* 4-person household: $120,800 - $186,850
* 5-person household: $130,500 - $201,800
* 6-person household: $140,150 - $216,750
* 7-person household: $149,800 - $231,700
**
*Lottery Application Process*
For more information about the Hartford BMP home, visit BAAHA’s website [ https://www.myhomegateway.org/hartfordbmp3bdhome.html ] or view the property flyer [ https://www.fremont.gov/home/showpublisheddocument/15530/638527619457500000 ].
To download and submit the lottery application packet, visit BAAHA’s website [ https://www.myhomegateway.org/hartfordbmp3bdhome.html ].
The deadline to submit the lottery application packet is Wednesday, April 2, 2025, at 5:00 p.m.
For questions, contact BAAHA by email at info@myhomegateway.com. Please do not contact the City of Fremont.
Click here for more information [ https://www.fremont.gov/Home/Components/News/News/1283/ ]
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