Rise Housing Solutions is pleased to be managing the application and buyer selection process for the Below Market Rate (BMR) homes on behalf of the developer, DR Horton, and the City of San Leandro.

There are three brand-new BMR single family homes for sale priced to be affordable to Low-income (80% Area Median Income) and Moderate-Income (120% Area Median Income) households available at Poppy Lane by DR Horton. The homes are being offered during the 2024 pre-application period. Preference Points and Income limits apply.

The cost of the required solar purchase is $11,535, and is not included in the sales price, but has been taken into consideration in the affordable pricing calculation.

APPLICATION DETAILS

On December 2, 2024, a lottery will be held for all eligible applications submitted during the application period, the results will be sent to all eligible households. Applicants will be invited to submit full applications with supporting documents.

There are two lottery applications for these residences. If you believe that your family qualifies for both income brackets, please submit a separate application for each income bracket.

Applicants can receive up to a maximum of 2 points based on the criteria below:

  • To qualify for one preference point, at least one member of the household must currently: 1) maintain a primary residence at an address located within Alameda County, 2) work for wages or salary within the boundaries of Alameda County, or 3) own or operate a business in Alameda County.

  • To qualify for one additional preference point, a member of the household must currently: 1) maintain a primary residence at an address located within the City of San Leandro, 2) work for wages or salary within the boundaries of the City of San Leandro, or 3) own or operate a business in the City of San Leandro.

Qualification Criteria:

  • Applicants must have a minimum household size of 4 people.

  • Household must have minimum 3% down.

  • Household income must be below the income limits stated below.

  • Household must be able to qualify for a traditional 30-year loan through a mortgage lender.

  • The cost of the required solar purchase is $11,535, and is not included in the sales price, but has been taken into consideration in the affordable pricing calculation.

AFFORDABLE HOMES IN SAN LEANDRO

Plan 1

Discover a unique home design that offers ample space for everyone and the utmost comfort. This two-story home has four bedrooms, 2.5 baths, and 1,678 square feet. Uncover a great first-floor living area with an open-concept great room and dining space that flows seamlessly into the kitchen. Enjoy a large center island, a perfect place for hosting and gathering year-round, and a pantry for storage. A powder room is located near the home entrance for guests. Take the stairs up and you'll find four secondary bedrooms. There is a full secondary bath with a double vanity and bathtub. Down the hall, you will find a laundry room for added convenience. The primary bedroom has a spacious primary bath with a walk-in closet, double vanity, walk-in shower and private water closet. This home also has an attached two-car garage.

Application Deadline: November 22, 2024

Learn More about these homes

View the Poppy Lane Marketing Flyer

Learn more about what’s happening at Poppy Lane by DR Horton.

Rise Housing Solutions, DR Horton, and the City of San Leandro do not discriminate against any persons on the grounds of race, color, religion, national origin, ancestry, sex, gender, gender identity, gender expression, sexual orientation, marital status, familial status, source of income, genetic information, medical condition, physical disability or mental disability, or any other category protected by law.