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Below Market Price (BMP) Homes

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Through the City's First Time Homebuyer Program, below market price (BMP) homes located in Fremont are occasionally listed for sale.

BMP Homes for Sale

At this time, the City has the following BMP homes for sale.

Three Bedroom Hartford BMP Home 

Address: 37903 Niles Boulevard
Type: Townhome with 3 bedrooms
Sale Price: $552,262
Household Size: 3 to 7 people
Deadline to Submit Lottery Application: Friday, June 14, 2024, at 5:00 p.m.
More Information and Application Process: Visit website and property flyer

Four Bedroom Hartford BMP Home

Address: 37903 Niles Boulevard
Type: Townhome with 4 bedrooms
Sale Price: $598,543
Household Size: 4 to 9 people
Deadline to Submit Lottery Application: Friday, June 14, 2024, at 5:00 p.m.
More Information and Application Process: Visit website and property flyer

Eligibility Requirements

To be eligible to purchase a BMP home, applicants must be a US citizen or permanent resident and may not have owned a home within the last three years. Priority will be given to those currently living or working in Fremont.

Income Requirements

The applicant's annual household gross income (before taxes) must meet the minimum and maximum limits listed below. For example, a 3-person household must earn at least $100,950 and no more than $159,750 a year before taxes to be eligible. The maximum income limits are subject to change based on the home for sale. Applicants with incomes close to the limits are still encouraged to apply.

  • 2-person household: $89,750 - $142,000
  • 3-person household: $100,950 - $159,750
  • 4-person household: $112,150 - $177,500
  • 5-person household: $121,150 - $191,700
  • 6-person household; $130,100 - $205,900
  • 7-person household: $139,100 - $220,100

First Time Homebuyer Program Guidelines

For detailed guidelines for the City's First Time Homebuyer Program, please read the City's guidelines document.

Interest List

If you would like to be notified when a BMP home is available for purchase, please sign up for the City's First Time Homebuyer Program Interest List. Please note that the interest list is not an application wait list. It is an "interest list" only.