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Affordable Home Ownership in Emeryville

Turning your dreams into reality!

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WELCOME

Hello Housing is proud to be the Program Administrator for the City of Emeryville's Below-Market Rate Ownership Program. 

New BMR Homes For Sale

1121 40th Street #4202 - New Listing

Discover an inviting one-bedroom BMR home in the heart of Emeryville, where treetop views and thoughtful details create a bright, welcoming space to call your own. Inside, you'll find laminate flooring throughout, blackout blinds in the bedroom for restful nights, elegant window shutters in the living room, and the convenience of an in-unit washer and dryer.

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Step outside your door and enjoy resort-style building amenities, including landscaped courtyards, a fully equipped fitness center, a relaxing hot tub, and private parking.

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Offered at $167,100

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Program Eligibility

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This BMR unit is available to households of 1–3 people at or below 80% Area Median Income (AMI):

  • 1 person: $95,050

  • 2 people: $108,600

  • 3 people: $122,200

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Offer Deadline: Thursday, September 24th, by 11:00 AM

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1121 40th Street #5102 - New Listing

Tucked in the heart of Emeryville, this move-in-ready 2-bedroom, 2-bathroom condo offers a rare opportunity to own in one of the Bay Area's most connected communities.

The open living space is filled with natural light, complemented by hardwood floors throughout and an updated kitchen. In-unit laundry and a dedicated garage parking space round out a home that is easy to settle into and easy to maintain.

 

Offered at $482,888

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Program Eligibility

This is a Below Market Rate (BMR) home, reserved for eligible buyers:

  • Minimum household size: 2 persons

  • Maximum household income: 120% of Area Median Income (AMI) or below

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1121 40th Street #4201 - Active Listing

Finding your footing in the Bay Area housing market just got a little easier.

Tucked in the heart of Emeryville, this move-in-ready 1-bed, 1-bath condo offers something increasingly rare: a Below Market Rate opportunity with no income limits and no first-time buyer requirement. Natural light fills the open-concept living space, and thoughtful details — in-unit laundry, a private balcony, generous closets — make it easy to settle in and stay.  This unit is offered for sale at $235,000!!

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Building amenities include gated parking, a fitness center, and a jacuzzi. Outside your door, the free Emery-Go-Round shuttle and Transbay F bus connect you to BART, San Francisco, UC Berkeley, and beyond — all within walking distance of MacArthur BART. Groceries are equally convenient, with Trader Joe's, Whole Foods, Berkeley Bowl, and Pak 'n Save just minutes away.

Questions about the BMR Program?  Let us know!

 1
Review Eligibility Criteria

If you are interested in an existing Below Market Rate Unit that is currently on the market for sale, please read our BMR Homebuyer Steps and the Program Guidelines to become familiar with the eligibility criteria and application process.  

 2
Contact the Listing Agent

Contact the sales office or listing agent to view the units in which you are interested. BMR units have an initial offer date by which all offers need to be submitted. Any BMR unit that receives more than one offer during the offer date maybe subject to a lottery to determine the rank order by which an offer and the resulting program application will be reviewed. It is the practice to accept one primary offer and two-back up offers as part of the lottery process.

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Submit BMR Program Application 

Hello Housing will underwrite the BMR application and all supporting documentation in accordance with the City Program Guidelines in rank order. The first-reviewed and approved applicant will be offered the opportunity to move into a formal purchase agreement with the seller. During the escrow process, should a primary applicant in contract to purchase a BMR unit no longer be eligible, the first backup applicant by rank order will be offered the opportunity to move forward with the purchase.

© 2023 by Hello Housing, a nonprofit 501(c)3 organization. Contact Us

Mailing Address:  San Anselmo Ave # 2440, San Anselmo, California 94979. United States

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