Pleasanton DALP Lottery Application
The Application Period has ended. Applications were due March 23, 2022 at 5:00 PM.
If you need assistance or more information, contact BAAHA by email at info@myhomegateway.com.
City of Pleasanton First Time Homebuyer Down Payment Assistance Loan Program
The Application Period has ended.
Applications were due March 23, 2022 at 5:00 PM
How to Apply to the PDALP
Below are the instructions for the PDALP lottery application.
All applicants must read the City of Pleasanton’s Down Payment Assistance Loan Program Term Sheet prior to submitting a Program Lottery Application to BAAHA. Incomplete and inaccurate applications will be rejected.
Depending on the range of funding applied per a Program participant (up to $100,000 per participant), the current round of PDALP funding will most likely service three to five PDALP eligible households. Households interested in participating in the PDALP must submit a PDALP Program Lottery Application. Eligible approved applicants will be provided an opportunity to participate in the PDALP lottery which will be held sometime towards the beginning of April 2022. To be approved to participate in the lottery, applicants must meet all Program eligibility requirements. You must read the PDALP term sheet (Click Here) prior to submitting your application.
Program lottery applications must be submitted to BAAHA by no later than 5:00pm Wednesday, March 23, 2022. Information provided in your application will be applied towards determining your household’s eligibility to participate in the PDALP lottery. Receiving an eligibility status to participate in the PDALP lottery is NOT a final PDALP Program approval. Lottery winners will be required to continue through a comprehensive PDALP Program approval, which will include and not be limited to securing 1st lender approval by a City approved Program lender. Applicants are not required to have 1st loan preapproval from a 1st lender to submit a PDALP Program Lottery Application.
The following steps must be adhered to when submitting your PDALP Program Lottery Application:
- Read the terms outlined in the PDALP Term sheet. Make sure to understand the eligibility requirements and your ownership responsibilities in securing a PDALP loan from the City. The term sheet is located at https://www.myhomegateway.org/pdalpterms. Email BAAHA if you have specific Program guideline related questions prior to filling out your Program Lottery Application. BAAHA will only reply to questions that are emailed to info@myhomegateway.com. BAAHA does not respond to questions relayed through a phone message.
- Read the instructions provided in the Program Lottery Application prior to filling out the application. The instructions explain how and what information must be provided in each section of the Program Lottery Application. Fill out the application sections as stated in the application instructions. Incomplete and inaccurate applications will be rejected. Be sure to enter "PDALP" on page 1 where it asks, "Which property are you applying for?"
- BAAHA’s preferred format to receive the application is through downloading and electronically filling out and submitting the filled out PDF application by email. If you do not have the capacity to submit your application in this fashion, BAAHA will accept a printed out application that is filled out by hand and submitted as a PDF copy by email, or by fax.
- Submitting a completely filled out BAAHA Program Lottery Application – when submitting the fully completed BAAHA application, be certain to state in your email that you are submitting a BAAHA PDALP lottery application. Send all electronic PDF copies and/or PDF hand filled out copies to info@myhomegateway.com. BAAHA will accept a printed out application that is filled out by hand and submitted as a PDF copy by email (preferred) to info@myhomegateway.com , or by fax to (415) 231-5181.
- The Program Lottery Application must be submitted by no later than 5:00pm Wednesday, March 23, 2022. All Lottery applications submitted after this time will not be accepted.
- The Program Lottery Application is only applied to determine eligibility to participate in the PDALP Lottery. Lottery winners will go through a separate comprehensive Program approval process which verifies the information provided in the Program Lottery Application. Lottery winners will be provided detailed instructions that outline the PDALP Program approval process, and will also provide additional PDALP reservation parameters and requirements. As part of the Program approval process, Lottery winners will be required to secure 1st loan approval from a City approved 1st mortgage lender. Program Approved Lottery winners will receive a time limited reservation to gain access to the PDALP funds.