Home

Posted on: February 7, 2018

Below Market Rate Home Ownership Program

bmr

You may be eligible and qualified for below market rate home ownership in Gilroy.  Currently, there are over 400 homes in the city’s Below Market Rate program with more units frequently becoming available.  Homes for households of two start with income requirements as low as $67,900 and up to $108,750 (Santa Clara County limits effective 6/9/17).  Estimated cash to close is 3% of housing price plus closing costs.  This program is for first time home buyers that have not owned a home in the last 3 years.

On March 6, 2017, Gilroy City Council authorized the City Administrator to enter into contract with HouseKeys to serve as Program Administrator for the city’s Ownership and Rental Property Programs, along with the Administration of the First-Time Homebuyer Loan Program.


To begin the process of Below Market Rate Home Ownership:

1)    Complete a Pre-Application at thecity's dedicated BMR website 

2)    Register to attend a House Keys Home Buyer Orientation (upcoming orientations: Feb. 5 or Feb. 26, 2018) 


Click Here For More Information

Facebook Twitter Google Plus Email

Other News in Home

CGJ Brochure

Citizen Oversight Opportunity Available

Posted on: February 7, 2018
Warming Centers

Stay Warm from Cold Weather

Posted on: December 22, 2017
Capture

Fire Season is Not Over

Posted on: December 16, 2017
1506152052946.jpg_w465

Be Prepared: The Great ShakeOut

Posted on: October 19, 2017
SVCE

Update on Silicon Valley Green Energy

Posted on: August 24, 2017
Official City Seal

City Responds to Allegations

Posted on: August 17, 2017
Map 2 for City Repaving

Local Street Repair Update

Posted on: August 17, 2017

State of the City Address 2017

Posted on: April 6, 2017
b and c.JPG

Measure H Frequently Asked Questions

Posted on: November 3, 2016
b and c.JPG

Bridge to Justice Free Legal Clinic

Posted on: October 24, 2016

Loma Fire Update: Noon 10/2/16

Posted on: October 2, 2016

Loma Fire Update: Noon 10/1/16

Posted on: October 1, 2016

Loma Fire Community Meeting 10/1

Posted on: September 30, 2016

Loma Fire Update: Noon 9/30/16

Posted on: September 30, 2016

Loma Fire Update: Noon 9/29/16

Posted on: September 29, 2016

Loma Fire Update: Noon 9/28/16

Posted on: September 28, 2016
bicycle.JPG

Gilroy's New Bicycle Map is Now Online!

Posted on: September 15, 2016
Eigleberry

Eigleberry Closure

Posted on: April 20, 2016
checkpoint_4_22_web.jpg

DUI Checkpoint Planned

Posted on: April 18, 2016

Free Citizen Workshop Gilroy Library

Posted on: March 28, 2016
Checkpoint

DUI Checkpoint Planned

Posted on: March 9, 2016