Bay Area Affordable Homeownership Alliance, Inc.

1. APPLY

2. SUBMIT

Photos shown are of a model home and may not represent the finishes included in the available homes.

 

Driftwood Homes


$398,850 (fixed BMR price) | 4 Bedroom | 2.5 Bathroom | up to 2,304 sqft | Click here to view flyer | Click here for prescreen application


Brand new single family homes purchase opportunity at the Driftwood by DeNova Homes in cooperation with Contra Costa County. Modern open-space living and designer-appointed finishes, such as granite kitchen counters and hand-laid tile floors, make these homes a must-see for anyone looking for a new place to call home. Just blocks from BART and the Delta waterways, Driftwood’s lifestyle location gives you the perfect balance between work and play. Featuring charming 4bed/2.5 bath below market rate (BMR) homes with up to 2,304 sqft. The BMR sales price is $398,850, compared to market rate price range of $514,900 - $534,900. These below market rate homes are further made affordable through:

  • As little as a 3% down payment required
  • Up to $15,000 in down payment assistance in the form of a grant
  • Access to additional significant tax savings through a mortgage credit certificate


Click here to see an explanation of the possible costs of owning a BMR home in Driftwood.


APPLICATION REQUIRED

Click here to download and fill out a prescreen application. Only one application is required to be placed into the screening process for all available units at Driftwood. Instructions for submitting the application are on the first page of the application. IMPORTANT!  Please specify the address on the application as "Driftwood Homes - Bay Point".


This program uses a preferred lender. BAAHA will refer eligible households to the program's preferred BMR lender. Eligibility determinations may take several days.


RESTRICTIONS APPLY

Household size and income must be within program requirements. A minimum of 3 people and a maximum of 8 people is allowed at below or at 80% area median income (AMI) for Contra Costa County. See table below:


3ppl = max $72,400

4ppl = max $80,400

5ppl = max $86,850

6ppl = max $93,300

7ppl = max $99,700

8ppl = max $106,150

Homeownership in Bay Point

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bmr@myhomegateway.com | (800) 480-9020 x 556

Bay Area Affordable Homeownership Alliance