Understanding the Affordable Home Buying Process
introduction videos & Quiz
These 8 short videos will help you understand how affordable housing works, key terminology, and the affordable home buying process. We encourage you to “Take the Quiz” to confirm that you understand the concepts and the process.
MyHouseKeys
program orientation
MyHouseKeys is our web-based software platform created to help you manage your program relationships, find housing opportunities, and navigate the application process. You start by registering your household profile.
profile Registration Process
When you click on the button to “Register Your Profile, you’ll begin with a quick sign up form that asks: Name, Number of Household Members, Total Household Income, and Zip Code. After you enter and confirm your email address, you will start a Registration Wizard that will have you complete a series of forms. You may want to set aside an hour to complete all of the online forms. These forms include:
Admin Profile - this is the basic information and address for the primary applicant.
Member Profiles - all other household members who will be occupying the housing unit
Income Profile - you’ll identify the type of income that you earn, information about your employer, and your employment details
Household Preference - this form details any special criteria that your household may meet that would allow you to receive preferential treatment among other applicants.
Household Demographics - this is an optional form that allows us to track our Fair Housing statistics
At the end of the process, you’ll get to a page called the Household Overview. This page summarizes all of the information you entered and gives you a chance to review before finalizing.
Program Application & Checklist (Including the loan officer list)
Click on document title links below
Application Exhibits
Application Exhibits are special documents that help provide further details about items that you provided while completing the Program Application and gathering items on the Application Checklist. Click on the links below to open the Exhibit documents.
Exhibit A - Explanation of Deposits
Exhibit B - Zero Income Affidavit
Exhibit C - Letter of Explanation
Exhibit D - Program Application Affidavit
Exhibit E - Certifications and Authorizations
Exhibit F - Program Disclosures
Exhibit G - Drawing (Lottery) Disclosures and Rules
Exhibit H - Understanding Statement of Identity (SOI)
Exhibit I1 - Income Explanation Affidavit
program documents signed by buyers
Note: These documents will change and be updated from time to time.
The City of Morgan Hill has a resale restriction agreement with a 45-year term that restricts the price at which a home can be resold and carries other restrictions, including refinancing and inheritance. Please make sure to review this document before applying for the program.
Excess Sales Proceeds Note and Deed of Trust
The difference between the fair market value of the home and the maximum restricted resale price is known as “Excess Sales Proceeds”. This amount of money belongs to the program and the City records a note and deed of trust in order to protect those proceeds. Click the links below to open the examples.
Program Guides
These program guides were created in the Fall of 2018 to provide Applicants and Participants with the rules and processes involved with the housing programs.
As an applicant, you must complete the steps to create a household profile, obtain an Application I.D. and enter Drawings for the housing opportunity you want. Each housing opportunity is given an Opportunity ID. If you are chosen in the Drawing, then you will submit a full file to be processed and underwritten and the rules are outlined in this guide.
Once you are a homeowner, you sign a 45-year Restriction Agreement that details what you are allowed to do with the home. While the Restriction Agreement on this site is the latest version, there have been many different versions used over the past 40 years. The Participation Guide walks through some of the rules on refinancing, re-selling the home, and transfers for inheritance. Please keep in mind that your signed Restriction Agreement is the governing document that ultimately determines what you’re allowed to do.
Banner Section
Banner Overlay Color – Set a color to be overlaid over images on banners.
Banner Heading Font + Color – Set the typeface, font properties, and color of the headings in banners.
Banner Text Font + Color – Set the typeface, font properties, and color of the body text in banners.
Banner Button Style – Select between solid, outline, and raised buttons.
Banner Button Corner Style – Select between squared corners, rounded corners, or a "pill" shaped button.
Banner Button Color – Set the background color of the button (outline and text color if "outline" button style is selected).
Banner Button Font + Color – Set the typeface, font properties, and colors of the banner button.
Main Content
Page Background – Set the background of the main content area.
Page Text Font + Color – Set the typeface, font properties, and color of body text.
Page Link Color – Set the color of body links.
Page Meta Color – Set the color of meta text (blog authors, post dates, etc.)
Control the typeface, font properties, and colors of the Heading 1, Heading 2, and Heading 3.
Quote Font + Color – Set the typeface, fonts properties, and color of Quote Blocks.
Sidebar
Hide Page Sidebar – Don't display the left-hand folder navigation on pages in a folder.
Hide Products Sidebar – Don't display the left-hand category navigation in product list view.
Hide Sidebar Title – Don't display title in the sidebar.
Sub Nav Title Font + Color – Set the typeface, font properties, and color of the titles in Page Folder Nav and Products Category Nav.
Sub Nav Link Font + Color – Set the typeface, font properties, and color of the links in subnavs.
Prefooter
Pre Footer Background – Set the background color of the pre-footer area directly above the footer.
Pre Footer Text Color – Set the color of the text in the Pre-Footer.
Footer
Footer Background – Set the background color of the footer area at the very bottom of the page.
Footer Text Color – Set the color of the text in the footer.
Footer Nav Font + Color – Set the typeface, font properties, and color of the footer navigation links.
Footer Nav Link (Active) – Set the color of the footer navigation links on hover.
Center Navigation / Info – Choose between left- and center-aligned footer navigation and site info.
Hide Site Info – Hide the site info in the footer.
Blog
Meta Priority – Select whether date or category of a post appear above its title in blog list view.
Hide Entry Author – Don't display the byline of a blog post. Useful for blogs with a single author.
Hide List Entry Footer – Don't display the footer (Comment + Like + Share) in blog list view.
Gallery Styles
Gallery Navigation – Determines the type of gallery image navigation is provided on the page.
Gallery Info Overlay – Select the type of display used for image title and caption.
Gallery Aspect Ratio – Controls the aspect ratio (width:height) for the gallery active slide.
Gallery Arrow Style – Determines the style of the arrows used to cycle through the slides.
Gallery Transitions – select the transition styles used to animate between slides being viewed.
Gallery Show Arrows – choose to use arrows for cycling through slides.
Gallery Auto Crop – choose to auto crop slide images to the selected ratio.
Gallery Autoplay – choose to cycle gallery images automatically without user interaction.
Gallery Loop – Enable a gallery to cycle through to the first slide after the last slide.
Gallery Autoplay Speed –Specify the speed at which the gallery pauses on the active slide.
Gallery Thumbnail Size – Control the height of thumbnail images when used for gallery navigation.
Gallery Arrow Background – Specify the color that is used for the shape of gallery arrows.
Gallery Arrow Color – Specify the color that is used for the arrow itself.
Gallery Circle Color – Specify the color that is used for the circle shape gallery arrows.
Gallery Info Background – Specify the color used in the background of the image title and caption.
Event Styles
Event Time Format – Toggle between 24 hour or AM/PM for event times.
Event Icons – Enable icons on the address and event time display.
Event Thumbnails – Show an image thumbnail in list view.
Event Thumbnail Size – Control the size (ratio width:height) of the event thumbnail image.
Event Date Label – Enable date overlay on top of event thumbnail.
Event Date Label Time – Include the time of the event with the date overlay.
Event Excerpts – Show optional excerpt text of events on the list view when present.
Event List Date – Show the full event date (day, month, year) of the event on the list view.
Event List Time – Show the time range (start time-end time) of the event on the list view.
Event List Address – Show the event location address when present.
Event iCal/gCal Links – Show links to add events to Apple or Google calendars.
Event Like and Share Buttons – Show Squarespace simple like and share buttons on events.
Event List Compact View – Enable a simple stacked view of events in the list view.
Event Calendar Compact View – Enable a simpler calendar view optimized for smaller areas
Product Styles
Product Background Color – sets the color behind the product image.
Product Overlay Color – sets the color of the overlay when product list titles are set to 'overlay.'
Products Per Row – determines the number of products shown per line on the product list.
Product List Titles – controls the position of the product title on the product list.
Product List Alignment – sets the text alignment of the product title on the product list.
Product Item Size – select an image ratio for the product photo on the product list.
Product Image Auto Crop – determines whether product images fill the image area or fit within.
Product Gallery Size – select an image ratio for the product gallery on the product item page.
Product Gallery Auto Crop – determines whether product images fill the gallery area or fit within.
Show Product Price – shows the price on the product list page when enabled.
Show Product Item Nav – shows the 'back to shop' link on the product item page.
Homebuyer Information Page for City of Morgan Hill Housing Programs
