Below Market Rate (BMR) Ownership Housing

A Below-Market-Rate (BMR) home is a home that is priced to be affordable to households that are low to moderate income. Usually, the BMR price is lower than the prices of similar homes that are being sold on the open market. BMR owners must occupy the home as their primary residence and cannot rent the home. 

General BMR Information & Eligibility Requirements Guide

Affordable Housing Interest List

We keep an interest list for people who are interested in affordable housing opportunities. As new affordable housing becomes available, we will send you information for each individual project or unit (description of the housing and income requirements). Please note, the interest list is not an application wait list, it is an "interest list" only. To get on our affordable housing interest list, please sign up for email updates below:

To sign up for updates or to access your subscriber preferences, please enter your contact information below.

Existing BMR Homeowners

Information coming soon...

BMR Homes for Sale

At this time, there are no BMR homes available.

2018 Affordability Tables & Maximum Sales Price Examples

2018 Maximum Allowable Household Incomes

Moderate Income (120% of AMI)$87,700$100,250$112,750$125,300$135,300$145,350$155,350$165,400
Median Income (100% of AMI)$73,100$83,500$93,950$104,400$112,750$121,100$129,450$137,800
Low Income
(80% of AMI)

HUD-Approved Homebuyer Education Workshops

Additional Resources and Information

Mortgage Credit Certificate Program

Alameda County's Housing and Community Development Department (HCD) runs the Mortgage Credit Certificate (MCC) Program throughout the County. MCC provides income eligible, first-time homebuyers with an opportunity to reduce the amount of federal income tax otherwise due by an amount equal to 15% of the mortgage interest payments as a dollar for dollar credit on their annual taxes. The remaining 85% can be taken as the usual allowable deduction of the itemized return. The result increases the household's overall income and ability to qualify for a mortgage loan. The federal income tax advantage provided by the MCC allows the income qualified, first-time homebuyers the opportunity to obtain a higher 1st mortgage.

Alameda County
Housing & Community Development (HCD)
224 W. Winton Ave., Suite 108 Hayward, CA 94544
(510) 670-5246
For hearing impaired call: (510) 265-0253