Households interested in applying for the PDALP lottery must first read the Program Synopsis and Program Terms to confirm a full understanding of the Program parameters and requirements. To obtain detailed Program Terms visit the Bay Area Affordable Homeownership (BAAHA) website located at https://www.myhomegateway.org/pdalpterms. BAAHA is the City’s contracted administrator which will oversee the lottery application and approval process for the PDALP. Lottery Applications must be submitted to BAAHA by no later than 5:00pm, Wednesday March 23, 2022.
The Program assigns Program preference points to lottery participants. Program preference points are issued to households that meet certain Pleasanton live/work requirements. More information regarding preference points may be found at https://www.myhomegateway.org/pdalpterms
The Application Period Has Ended.
Applications were due March 23, 2022 at 5:00 pm
What is the PDALP?
The City of Pleasanton Down Payment Assistance Loan Program (PDALP) is offering up to a $100,000 down payment assistance loan to assist eligible first time homebuyers to purchase a home in the City of Pleasanton. The loan is for a 30-year term, during which time no payments are required. The loan is repaid with shared appreciation either at the end of the term or at the time the property is sold/transferred, whichever comes first. Eligible homebuyers must meet the following Program requirements to participate in an upcoming lottery:
The Bay Area Affordable Homeownership Alliance, Inc. © 2021 | All Rights Reserved