Affordable Home Ownership
City of Santa Clara
Turning your dreams into reality!
New Below Market Homes For Sale
Pre-Application is Now OPEN!
Do not contact the Property Owner
Please direct all questions to Hello Housing
Introducing 9 new Below Market Purchase (BMP) homes located at 3131 El Camino Real in Santa Clara. This new development by Toll Brothers offers a variety of different floor plans including four townhomes and five villa-style condos featuring open floor plans, 2–3 bedrooms, 2–3 bathrooms, private 1- to 2-car garages, and gorgeous rooftop terraces on select homes. Enjoy the convenience of living just minutes from stores, diverse restaurants, and public transportation. Close to Silicon Valley’s top employers, exciting outdoor recreation, and great schools, 3131 Camino is a wonderful setting for a well-rounded lifestyle.
2-bedroom, 2.5- bathroom Townhouse
~1,424 sq feet
One Unit Available
3121 El Camino Real
Purchase Price: $417,000
Income can not exceed 90% of the AMI
HOA: $464
The Sarria Plan
*must have at least 2 household members and no greater than 5 household members to qualify for this unit.
3-bedroom, 3- bathroom Condo
~1,544 sq feet
Two Units Available
3079 El Camino Real #204
Purchase Price: $474,000
Income can not exceed 90% of the AMI
HOA: $628
3131 El Camino Real #208
Purchase Price: $540,000
Income can not exceed 100% of the AMI
HOA: $628
The Francia Plan
*must have at least 3 household members and no greater than 7 household members to qualify for these units.
Property Details
The Francia Plan
2+-bedroom, 2.5- bathroom Townhouse
~1,569 sq feet
One Unit Available
3093 El Camino Real, Unit #3
Purchase Price: $556,000
Income can not exceed 110% of the AMI
HOA: $464
The Arya Plan
*must have at least 2 household members and no greater than 5 household members to qualify for this unit.
2+-bedroom, 2.5- bathroom Townhouse
~1,541 sq feet
One Unit Available
3111 El Camino Real, Unit #11
Purchase Price: $482,000
Income can not exceed 100% of the AMI
HOA: $628
The Zara Plan
*must have at least 2 household members and no greater than 5 household members to qualify for this unit.
3-bedroom, 2- bathroom, 2 powder room Townhouse
~1,935 sq feet
One Unit Available
3141 El Camino Real, Unit #1
Purchase Price: $705,000
Income can not exceed 120% of the AMI
HOA: $428
The Lila Plan
*must have at least 3 household members and no greater than 7 household members to qualify for this unit.
*must have at least 2 household members and no greater than 5 household members to qualify for this unit.
3-bedroom, 2.5- bathrooms
Condo
~1,788 sq feet
One Unit Available
3079 El Camino Real, Unit #207
Purchase Price: $623,000
Income can not exceed 110% of the AMI
HOA: $628
The Tino Plan
*must have at least 3 household members and no greater than 7 household members to qualify for this unit.
2-bedroom, 2.5- bathrooms
Condo
~1,574 sq feet
Two Units Available
3121 El Camino Real, Unit #209
Purchase Price: $556,000
Income can not exceed 110% of the AMI
3079 El Camino Real, Unit #201
Purchase Price: $482,000
Income can not exceed 100% of the AMI
HOA: $628
The Cruz Plan
*must have at least 2 household members and no greater than 5 household members to qualify for this unit.
The Pre-Application is Now Open
Deadline to submit an application is by 5:00 PM August 31st.
All interested applicants must submit an online pre-application in order to qualify for the housing lottery to purchase one of these units. If your household size and income level meets the requirements for one of these 9 BMP units, you may apply for an opportunity for a two-bedroom, a three-bedroom or both. However, please note that the pre-application will require that you obtain a mortgage pre-approval from one of our preferred lenders as part of your submission. The pre-qualification letter must include the highest purchase price of a unit you seek to qualify for. You can find the lender list here.
Eligible pre-applications received by August 31st will be invited to attend a Mandatory Workshop to learn about the City's BMP program requirements as well as how to submit a full application that will also include submitting supporting income for all household members over the age of 18 along with the City's priority preference verification documentation.
Following the Mandatory Workshop, all registered and confirmed attendees will be entered into the Application Lottery. Applicants will be invited to submit a Purchase Application in lottery ranking order for an opportunity to purchase one of these units should the applicant household meet all of the program eligibility requirements following review of the submitted materials.
To qualify, applicants must meet the minimum and not exceed the maximum household size for the unit that you are applying for as well as meet the program criteria established by the City’s Below Market Purchase (BMP) Program. Learn more about the qualification process here.