Bay Area Affordable Homeownership Alliance

If you have any additional questions, please contact BAAHA by email at info@myhomegateway.com. Be sure to state that you are inquiring about the Millbrae BMR and provide us with your phone number. Register at BAAHA’s website to receive updates on Millbrae’s and other BMR related home ownership activity in the region. You can register by clicking here.


Applications received after August 19, 2022 will not be accepted.  The lottery is projected to be held on approximately the fourth week of August, 2022.

BAAHA will be working with and for  the City of Millbrae to administer all activities related to the review, screening, lottery, and approval of BMR buyers.

The top lottery winning applicants who have received 1st loan and BMR Program approval can proceed with submitting a purchase contract. It will take approximately 45 days to close the purchase escrow, once a purchase contract is signed.

Program Eligibility Requirements

Viewing the Property

City Program Approval

The first step of the purchase process begins with the submittal of a lottery application. Buyers are not able to proceed forward with the purchase process unless a lottery application has been filled out and submitted by the applicant directly to BAAHA prior to the deadline date. A PDF copy of the BMR lottery application, with comprehensive instructions, can be downloaded by clicking hereThe applications period will be open until 5:00PM Friday August 19, 2022. Make certain to carefully read and follow all the Lottery Application instructions prior to submitting your application. Be certain to state that you are applying for the Millbrae BMR at the top of the application – under the Program Selection Section: "Which property/program are you applying for?" Neglecting to provide BAAHA this information may prevent your application from being processed for the Millbrae lottery.


BAAHA will provide a Notification of Lottery Eligibility which will provide all applicants:

  • Their eligibility status to participate in the lottery,
  • Their lottery preference determination,
  • Address issues and concerns that have established a disqualification determination for the applicant.  Applicants will have up to three working days to respond to a disqualification determination.
  • ​BAAHA communicates with Program Applicants through the email address provided on your application. Applicants are responsible for checking their emails for notifications, including checking your spam.
  1. Determine if you are interested in purchasing a BMR at Park Broadway.
    • Make certain to read and understand the implications of owning a BMR property. Click here to get a overview of BMR ownership.
    • BAAHA suggests you drive by the location and conduct a virtual tour (available by clicking here) prior to submitting your lottery application.
  2. Submit a BMR Lottery Application. Applications due by 5:00PM FRIDAY August 19, 2022.
    • ​​You can also obtain a BMR application requesting an application by email at info@myhomegateway.com.
    • If you are requesting an application by email, please make certain to state that the application is for the Millbrae BMR.  BAAHA will review your submitted application and contact you to:
      • ​​Provide you a preliminary Program eligibility and preference determination.
      • ​​Address additional questions we may have regarding information you have provided.


Make certain to submit your application early. This will provide BAAHA staff additional time to review and provide input on your application and preference status. Be certain to state that you are applying for the Millbrae BMR at the top of the application – under the Program Selection Section: "Which property/program are you applying for?" Neglecting to provide BAAHA this information may prevent your application from being processed for the Millbrae lottery.

All household members on title must complete a U.S. Department of Housing and Urban Development (HUD) approved homebuyer education course from a HUD-approved agency to purchase a Millbrae BMR home. Click here to view HUD-approved agencies in the Bay Area. We also encourage applicants to conduct their own search for HUD-approved homebuyer education courses on the internet.  Education certificate must be provided to BAAHA by the close of escrow.

First Time Homebuyer

Live and/or Work in the City of Millbrae

Upon securing 1st lender approval, BAAHA and the City will review and make a determination on the lottery winners’ Program eligibility. Program approval will be provided to applicants who have met all the eligibility requirements outlined above.

The top three lottery winners will be required to secure 1st lender approval from a BAAHA approved BMR lender. Not all lenders are able to provide a 1st mortgage loan on a BMR property. BAAHA will screen lenders to assess their capacity to provide financing for the BMR purchase.

Minimum Household Size

BMR Lottery Application

1st Lender Approval

Program Lottery Preferences

The property is currently being prepared to be brought on the market.

Your Next Step

Eligible buyers may be eligible to receive additional first time homebuyer subsidies from one of BAAHA’s preferred lenders.  This subsidies could include:

  • Down Payment Assistance Subsidy -  up to $30,000 in grant funds that can be applied towards the buyer’s down payment and closing costs.  These funds are provided as a grant and do not have to be repaid.
  • Reduced Fixed Interest Rate – The preferred lender could offer eligible borrowers a thirty year fixed rate mortgage that  may be up to 2% lower than current market mortgage interest rates.

 BAAHA will direct eligible households who have submitted a Program Lottery Application and have participated in the Millbrae BMR Program lottery to access these subsidies.

Purchase Contract and Close of Escrow

There will be a strong preference given to first time homebuyers. To be a first time homebuyer, all members in the household may not have owned a real property in the past three years (from the time you submit your lottery application).

Additional Subsidy Available for Eligible Buyers

This is a moderate income BMR unit in which a household’s gross annual combined income may not exceed 120% of San Mateo County’s Median Income, adjusted for household size.  Maximum income allowances per household size are as follows:


​1 people in the household = $139,450 max.

​2 people in the household = $159,350 max.

3 people in the household = $179,300 max.


The minimum household size is one person. All non-minor household members that are not dependents must be on title when the property is purchased. Qualifying dependents must be designated on 2021 federal tax returns. Maximum household size should not exceed 3 people.

1388 Broadway #438, Millbrae

The Purchase Process and Lottery Application

The City of Millbrae has established lottery preferences that promote ownership for first time homebuyers that reside and work in the Millbrae community. Preferences are not a requirement to apply. However, a preference scoring system will be applied in drawing priority applicants at the lottery.

Maximum Income Allowance

Photo of Entrance, Links to All Unit Photos

HUD-Approved Homebuyer Education

Additional Information

1388 Broadway #438

Millbrae, CA 94030​

1 bedroom, 1 bathroom condominium in the Park Broadway complex | 660* square feet(*per tax records) | $560,854 ​HOA $420/month

This one bedroom 4th floor condo is centrally located in Millbrae. Washer and dryer hook-ups in the unit, assigned parking space, extra storage area, hot tub, recreation room, and outdoor courtyard and BBQ grill. Monthly HOA fee is $419.10 per month, including water, garbage, professional management, gym. Similar non-BMR priced units usually sell for approximately $750,000.

BMR Lottery

Financial Capacity

Viewing protocols have been established to maintain industry established COVID-19 safety requirements. A virtual tour of the exterior and interior of the property is provided by the listing agent of the property and is accessible by clicking here – 1388 Broadway #438 Virtual Tour.  The highest ranked lottery winners will only be able to view the property after they have been approved for their 1st mortgage loan (see below). Please make certain to respect the privacy and safety of the current owner.

To obtain more general information about BMR home ownership restrictions and guidelines, please click here.

Applicants must meet the following eligibility requirements to purchase the Park Broadway Below Market Rate home:

The household must demonstrate financial capacity to purchase the BMR. This will include:

  • Buyers must have funds for approximately 5% of the purchase price (approximately $28,000). Funds will be applied for down payment and closing costs. A minimum 3% down payment is required. All funds must be in a bank, trust, retirement, or investment account (no "mattress money"/cash is allowed). The buyer should also have approximately $5,000 in reserve funds after they close the purchase transaction. Gifts may be provided by first and second degree relatives, and funded through an existing institutional account.  Gifts cannot be provided in cash.
  • Minimum FICO score of 640 for all borrowers involved in the purchase. Non-occupying co-signers are not allowed.
  • The monthly cost of owning the home in combination with your current monthly personal debt service cannot exceed 45% of your gross earnings. Monthly homeownership costs include mortgage, taxes, insurance, and home owners association fees.

Only one person in the household needs to currently live and/or work in the City of Millbrae to receive a preference in the lottery. Work eligibility is based on your employer’s address, not your home address.