The Oaktown Roots Story

These new homes in Oakland are built on properties that were formerly abandoned, tax-defaulted lots. An innovative interagency pilot program led by Hello Housing, the City of Oakland and the Alameda County Tax Collector has resulted in the reclamation of these once-blighted properties for productive re-use as permanently affordable ownership housing. Learn more about the innovative program behind these new homes.

If you are interested in applying for these homes or future BMR opportunities in the Bay Area, click on Stay Connected to subscribe to our E-Newsletter.

Oaktown Roots Homes for Sale

10628 Pearmain St.
Price: $459,000 **Price Reduction**
Bedrooms: 3
Bathrooms: 2
Interior Size: 1170 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
Click here to see listing
Open House: Contact listing agent to schedule viewing
Offers Due: Applications will be reviewed as they are received. Only complete applications will be reviewed.

10545 Pippin St.
Price: $459,000 **Price Reduction**
Bedrooms: 3
Bathrooms: 2
Interior Size: 1170 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
Click here to see listing
Open House: Contact listing agent to schedule viewing
Offers Due: Applications will be reviewed as they are received. Only complete applications will be reviewed.

306 105th Ave.
Price: $475,000 or best offer
Bedrooms: 3
Bathrooms: 2
Interior Size: 1170 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
Click here to see listing
Open House: Contact listing agent to schedule viewing
Offers Due: **Offer Pending**

873 Athens Ave.
Price: $550,000
Bedrooms: 4
Bathrooms: 2.5
Interior Size: 1492 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyers
Click here to see MLS listing
Open House: Contact listing agent to schedule viewing
Offers Due: Applications will be reviewed as they are received. Only complete applications will be reviewed.

878 20th St.
Price: $550,000
Bedrooms: 4
Bathrooms: 2.5
Interior Size: 1492 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
Click here to see MLS listing
Open House: Contact listing agent to schedule viewing
Offers Due: **Offer Pending**

1488 3rd St.
Price: $550,000
Bedrooms: 4
Bathrooms: 2.5
Interior Size: 1492 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
Click here to see MLS listing
Open House: Contact listing agent to schedule viewing
Offers Due: **Offer Pending**

1424 12th St.
Price: $TBD
Bedrooms: 4
Bathrooms: 2.5
Interior Size: 1492 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
MLS Listing coming soon!
Open House: Contact listing agent to schedule viewing
Offers Due: Applications will be reviewed as they are received. Only complete applications will be reviewed.

1731 Chase St.
Price: $670,000
Bedrooms: 4
Bathrooms: 2.5
Interior Size: 1492 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
Click here to see MLS Listing
Open House: Contact listing agent to schedule viewing
Offers Due: Applications will be reviewed as they are received. Only complete applications will be reviewed.

925 Willow St
Price: $670,000
Bedrooms: 4
Bathrooms: 2.5
Interior Size: 1492 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
Click here to see MLS Listing
Open House: Contact listing agent to schedule viewing
Offers Due: Applications will be reviewed as they are received. Only complete applications will be reviewed.

1076 24th St.
Price: $TBD
Bedrooms: 4
Bathrooms: 2.5
Interior Size: 1492 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
MLS Link coming soon!
Open House: Contact listing agent to schedule viewing
Offers Due: Applications will be reviewed as they are received. Only complete applications will be reviewed.

1071 32nd St.
Price: $670,000
Bedrooms: 4
Bathrooms: 2.5
Interior Size: 1492 Sq. Ft.
Type: Detached Single Family Home
Click here for printable flyer
MLS Link coming soon!
Open House: Contact listing agent to schedule viewing
Offers Due: Applications will be reviewed as they are received. Only complete applications will be reviewed.

Please note, prices are based on dynamic factors including current interest rates, assessments or property tax rates, and Area Median Income limits, which are subject to change.

Non-Discrimination Policy

Hello Housing, Presidio Realty Advisors, LLC, Silvermark Construction Services, Construction Resource Center and the City of Oakland 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.

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Program Income Limits

Household Size Income Limit at 120% AMI
1 person Not Eligible
2 people Not Eligible
3 people $133,800
4 people $148,700
5 people $160,500
6 people $172,450
7 people $184,350
8 people $196,250

 

The Application Process

Download the application

Realtors Familiar with the Program

Oakland Berkeley Association of REALTORS® (OBAR)
510-848-4288
oaklandberkeleyaor.com

Lenders Familiar with the Program

Kimberly Silverman with Bay Equity Home Loans
Sales Manager
(510) 812-2411
Ksilverman@bayeq.com

Sean Fitzgerald with First Republic Bank
Community Outreach Relationship Manager
(415) 296-5775
Sfitzgerald@firstrepublic.com

Roddy Cheung with Bank of America
Assistant VP: SR. Lending Officer
(415) 913-5866
Roddy.s.cheung@bankofamerica.com

For additional lenders, check out the Preferred Lender List.

Eligibility Requirements

  • Households must be able to qualify for a 30-year, fixed rate mortgage
  • All households must earn below 120% of the Area Median Income
  • Debt-to-Income ratio must be below 45%
  • The minimum household size is three

Preference Point Criteria

If two or more offers are received, Hello Housing will hold a lottery with all applications to establish a ranking order for application review. Applicants who live or work in Oakland will be eligible to receive preference points, which will improve their odds in the lottery. Please note, Oakland residency and employment status are not requirements for eligibility, and all individuals and households may apply.

Applicants can qualify for up to a maximum of two (2) preference points based on the criteria below. All applicants will be grouped based on the total number of preference points the household earns through any combination of preference point criteria. Please note, all preference points will be verified during the application process for those households invited to apply.

Preference Point Criteria:

  • 1 Point: At least one adult household member currently Lives in the City of Oakland.
  • 1 Point: At least one adult household member currently Works in the City of Oakland.

“Work” is defined as a person who at the time the Application is submitted, is employed solely, on a full-time basis (i.e., 32 or more hours per week), at a business that is physically located within the incorporated area of the City of Oakland. Telecommuting or working from an address located in Oakland for an employer not located in the City as defined above, shall not qualify as employment in the City, unless the employer is providing the workspace in Oakland as part of its corporate/company offices. For persons who are retired at the time of application, the applicant’s work history immediately prior to the date of retirement shall be considered in determining employment in Oakland.

HELLO HOUSING IS A
PROUD AFFILIATE OF

Matt Franklin, President of MidPen and Hello Housing board president, believes everyone deserves quality, affordable housing.

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.

Matt Warner, Program Director for Hello Stewardship, makes affordable homeownership happen.