EPACANDO and the Bay Area Affordable Homeownership Alliance (BAAHA) invite interested households to a free introductory virtual workshop detailing an opportunity to purchase a low income below market rate home in the City of East Palo Alto.
Program Opportunity Highlights
EPACANDO currently has a 981 square foot two bedroom two bath BMR condo available at 2330 University Ave. The home, which is part of the City of East Palo Alto’s Below Market Rate (BMR) home ownership Program is selling at a maximum price of $284,000. The property has a retail sales price of approximately $600,000. Eligible homebuyers may also be able to access up to a $32,800 forgivable loan subsidy to purchase the home.
Eligible homebuyers must meet the following Program requirement to purchase this BMR home:
- First time homebuyers – all household members may not have had an ownership interest in a principal residence in the prior three years.
- At least two (2) and no more than five (5) members in the household
- Have sufficient funds and financial wherewithal to purchase the BMR
- Household incomes, based on household size, cannot exceed 60% of the San Mateo County’s median income as represented in the below table.
Introductory Workshop Topics
The BMR homebuyer opportunity workshop will cover the following core topics:
- Overview of the City’s Below Market Rate (BMR) program, including program guidelines and criteria for determining a buyer’s eligibility
- The BMR application, lottery, and purchase process
- Additional information on the available property
- Mandatory HUD approved education and counseling curriculum that prospective homebuyers must complete
Workshop Presenters and Sponsors
The BMR ownership opportunity workshop is being hosted and presented by:
- EPACANDO: Jane Jones, BMR Program Manager.
- Bay Area Affordable Homeownership Alliance (BAAHA): Walter Zhovreboff, Administrative Director.
There will be a questions and answer session for attendees to participate in after the presentation.
Workshop Registration
The virtual introductory East Palo Alto BMR Zoom workshop will be held from 6:00PM to 7:30PM Tuesday, October 20, 2026.Reservations are required to secure a Zoom link to participate in the workshop.
Make your reservation by no later than 7:00PM Monday, October 19, 2026
To Make Your Reservation go to:
https://us06web.zoom.us/meeting/register/2VuqSio0Twqsb1RGnN9bQw
Additional information regarding the University Commons BMR property can be obtained by clicking this link
For questions contact BAAHA at info@myhomegateway.com .
Free Introductory Informational Workshop
East Palo Alto Below Market Rate (BMR) Home
6:00PM to 7:30PM Tuesday, October 20, 2026
Virtual Zoom – Registration Required
| Household Size | 2 | 3 | 4 | 5 |
| Maximum Income Allowance | $96,390 | $108,420 | $120,480 | $130,110 |