Below Market Rate (BMR)
Purchase Opportunity !!!
We are happy to announce that another Below-Market-Rate (BMR) unit is for sale in 2021. This 2-bedroom, 2-bath condominium at University Commons, priced around $260,000, will be available to income-qualified, two or three-person households.
To participate in the lottery for this unit
- attend (on Zoom) the BMR Home Ownership – First-Time Home Buyer Orientation (optional), and
- fill out an application.
Zoom Webinars – what you need to know to apply:
Online BMR orientation hosted by
- City of East Palo Alto, BMR program sponsor
- EPACANDO, BMR Program Administrator
- Bay Area Affordable Homeownership Alliance (BAAHA), Ownership BMR program Co-Administrator
BMR Home Ownership Education
Home Ownership education is required to qualify a potential buyer.
Saturday, February 13, 2021
10:00 am – 12 Noon
Register
Lottery applications are available now at our partner BAAHA.
Application Deadline: Friday February 19, 2021 at 5:00 PM.

2330 University Avenue, East Palo Alto, CA
2-bedroom, 2-bathroom condominium
980 sq. ft. (per tax records), built 2006.
Priced around $261,800
Available to income-qualified, two or three-person households.
Application Deadline: Friday February 19, 2021 at 5:00 PM.