The Housing and Human Services Division of the City of Livermore works to maintain and expand housing opportunities for lower to moderate-income households throughout the City. Purchasing a home in the City of Livermore is a wonderful choice, as Livermore is a community that cares about maintaining the character of its neighborhoods and enhancing the quality of life of its citizens.
COMING SOON! - Affordable Homeownership Opportunities
Four (4) single-family 3 and 4 bedroom homes. The Vines by Ponderosa Homes is located on the corner of East Avenue and Vasco Road. Three (3) of these homes will be sold at a price affordable to households earning up to 80% AMI and one (1) will be sold at an affordable price to a household of 4 or more persons earning up to 120% AMI. Estimated timing of the application period will be late 2016/early 2017.
Three (3) townhome-style 3 and 4 bedroom homes. The Gardella Plaza Townhomes by Nuvera Homes located on Gardella Plaza will be sold at an affordable price to households with 3 or more persons earning up to 80% AMI. Estimated timing of the application process will be late 2016/early 2017.
If your interested in being notified once the application process begins, or to be notified of other affordable homeownership opportunities, please add your contact information to the Affordable Housing Interest List.
Affordable Homeownership Opportunity for Veterans!
The City of Livermore’s Affordable Homeownership Program (also known as the Below Market Rate (BMR) Program is an important part of the City’s overall affordable housing programs. Over the years, the Affordable Homeownership Program has provided residents with a valuable source of affordable ownership housing that would not have been achievable by other means. There are several homes in Livermore that were built, under the City's Affordable Homeownership Program, to be affordable for very-low to moderate income first-time home buyers. These homes become available for purchase by eligible buyers when new developments are built or when existing homeowners decide to sell. These homes do have occupancy and resale restrictions, that require owner occupancy and restricts the way in which a buyer may re-sell the home. For more information about this program or other homeownership programs, please contact Hello Housing. If you would like to be notified of affordable homeownership opportunities as they become available, please add your contact information to our Affordable Housing Interest List.
Are you the owner of a home under the City's below market rate program and interested in refinancing your first mortgage? Although you are not restricted as to which lender you choose to work with, but because of the complexity of the BMR program it's suggested you choose a Participating Lender that has successfully completed loan transactions utilizing the City's BMR program. For a list of Participating Lenders, please click here. Once you have selected your lender, please provide them with the City's Subordination Terms and Conditions. If you have any questions, please contact Sarah with Hello Housing who facilitates the City's subordination requests. Sarah can be reached at firstname.lastname@example.org. or by phone at (415) 738-7833.
The deadline to submit a pre-application was October 13, 2016. A total of 66 pre-applications were submitted to Hello Housing. On October 20, 2016 a lottery style drawing was held to provide an order in which the applications will be reviewed. If you have any questions regarding the selection process please visit Hello Housing's website at: http://www.hellohousing.org/stewardship/cityoflivermore/homes/ or contact Hello Housing via email at: email@example.com