Homebuyers who previously benefited from the City’s below market rate (BMR) programs pass along the opportunity to the next owner when they sell their home. Bookmark this page or sign up here to learn about BMR homes that may be for sale in the City of Alameda and other opportunities. In addition to the resales of existing BMR homes, brand new Below Market Rate homes are being developed as a result of the City of Alameda’s inclusionary housing ordinance. This requires market-rate developers to sell a percentage of the homes being developed as affordable Below Market Rate homes, or pay fees to the City in lieu of building the homes. Learn more about these opportunities below.