Sunnyvale Below Market Rate (BMR) Home Ownership Program
Housing Program
Sunnyvale Below Market Rate (BMR) Home Ownership Program
Program description
Affordable homeownership program offering price-restricted Below Market Rate homes to eligible first-time homebuyers.
Maximum assistance
Affordable purchase prices vary by available home; examples listed by the City range from approximately $491,000 to $614,000 depending on bedroom count
Repayment
Not Applicable
Program categories
County
Assistance Type
Property Type
City
Organization
Important considerations
BMR homes have occupancy, resale, refinancing, and price restrictions designed to preserve long-term affordability.
Eligibility & program information
Rank Math Internal Links Processed
1
Status
Active
Additional Info
Priority is generally given to people who live or work in Sunnyvale, followed by eligible households in Santa Clara County and surrounding counties as needed.
State
California
Coverage Type
City Only
Resources
Sunnyvale BMR Home Ownership Program Official Website
Eligibility Requirements
Must meet program income limits; must be a first-time homebuyer; must have at least 10% minimum cash available toward the purchase price; must meet location preference requirements; must be a U.S. citizen or permanent resident; must meet lender and homebuyer education requirements.
Official Information
Visit the official website(s) for current eligibility, program details, and information on how to apply.