Below Market Rate Home Ownership Program
The City requires developers of large housing projects to sell a percentage of the homes at below market prices to low- and moderate-income households through the Below Market Rate (BMR) Home Ownership program. BMR homes are not subsidized by the City, but prices are restricted by the City. The BMR Home Ownership Program is administered by the Housing Division.
Map of Upcoming BMR Developments
Who qualifies for the program?
- Meet income limits
- Be a first-time home buyer
- Have lived or worked in Sunnyvale for at least six months prior to program application date
- Be a U.S. citizen or permanent resident
- Pass the criminal background check
- Be purchase-ready
How do I apply?
Home Buyer Program Application Process
For Industry Professionals
Lender Participation Agreement
Realtor Participation Agreement
BMR Developer Agreement
First-time Home Buyer Loan Program
Program guidelines and details