Hello Housing is pleased to be managing the sale of Below Market Rate (BMR) homes on behalf of the developer, Discovery Homes, and the City of Concord.

There are four (4) three-bedroom brand-new homes available at Willow Terrace. All homes are priced to be affordable to moderate-income (120% AMI) households of 3-7 people. Income limits apply.

Please note: the home at Vista Heights has been purchased.

Willow Terrace

Price: $526,466
HOA dues: $351/month
Bedrooms: 3
Bathrooms: 3

Discovery Homes presents a quaint community at Willow Terrace:

  • Townhome community
  • Beautiful three-story floor plans
  • Low maintenance units
  • Nestled in the heart of Concord

Learn more about the homes


Take a virtual tour here!

Download the Marketing Flyer for Willow Terrace
Download Floor Plans for Willow Terrace
Download the City of Concord BMR Eligibility and Requirements Summary
Download the City of Concord Preferred Lender List
Learn more about what’s happening at Willow Terrace.

Key Program Eligibility Guidelines

Eligible households must be first time homebuyers and have at least three people who will be living together in the BMR home. Households must be able to show they have at least a 3% down payment seasoned for a minimum of three months in the applicant’s bank or financial accounts, and be able to qualify for a 30-year, fixed rate mortgage.


Income Limits

Household Size Income Limit at 120% AMI
3 people $128,750
4 people $143,050
5 people $154,500
6 people  $165,950
7 people  $177,400

*If you need a paper application, please email concord@hellohousing.org

The Application Process

Buying a home, especially in the Bay Area, is an emotional journey. And because of the scarcity of affordable homes for sale, the competition to buy an affordable home in today’s market can be tremendous. Our goal is to create a qualification process that meets the City of Concord’s program requirements AND is respectful of your time. With this in mind, we have broken the application process down into a few key steps which mean you will only have to compile a detailed application with supporting documentation if you have a reasonable chance of being offered the home for purchase.

How to Apply

  1. Please read through the City of Concord BMR Eligibility and Requirements Summary.
  2. Click on the “apply now” button above and fill out an online application and upload the supporting documents. Applications will be accepted and reviewed in the order submitted. The deadline to submit an application is 5:00 pm on May 13th.
  3. If your application is eligible, you will receive a conditional approval letter and will be invited to go into contract on one of the Willow Terrace homes.


Non-Discrimination Policy

Hello Housing, Discovery Homes, and the City of Concord do not discriminate against any persons on the grounds of race, color, religion, national origin, ancestry, sex, gender, gender identity, gender expression, sexual orientation, marital status, familial status, source of income, genetic information, medical condition, physical disability or mental disability, or any other category protected by law.

Michelle is a proud new homeowner who purchased a Hello Housing NSP home in San Lorenzo.

Board Member Rick Jacobus is a national expert using data, not anecdote, to design more impactful affordable homeownership programs.

Mardie Oakes, President, blends finance, design and development to make places people thrive.

Jennifer Duffy, Vice President, turns opportunity into action with the Hello Housing team.

Apple lives in a new type of housing made possible by Senate Bill 962, sponsored by former Senate pro Tem Darrell Steinberg.

Larry shares a duplex with two housemates in an innovative residential program called the Family Teaching Model.

Tien is a proud new owner of an affordable home in Newark, as well a box full of tools to make home repairs easy.