PLEASE NOTE: Viewings are done by appointment only and must be coordinated and confirmed through Housekeys staff.
COMMUNITY HIGHLIGHTS
2 and 3 Bedroom Single-Level Condo Units
Centrally Located in Hayward
Easy Access to South Hayward BART
Solar Powered, Smart Home Living
Butterfly Virtual Doorman
Package Lockers
Community Lounge & Roof Decks
Over 1.2 Acres of Outdoor Recreational Space
Dog Park
Program Documents: Resale Restriction, Excess Sales Proceeds Note, and Deed of Trust
The Resale Restriction limits the price you can resell the house for and the amount of equity it can build. The difference between the home's fair market value and the maximum restricted resale price is known as “Excess Sales Proceeds.” This amount belongs to the program, and the City records a note and deed of trust to protect those proceeds. You are free to hire an attorney to help you understand the program you contractually agree to participate and follow. Among other requirements and responsibilities, you will be required to complete an annual compliance certification, validating that you, as the owner, are still occupying the property. Renting the property will breach program requirements disqualifying you from the program.
opportunity drawing #557
Three 2-bedroom/ 2-bath, Four 3-bedroom/2-bath
Moderate Income up to 120% AMI
Approx. 1125 - 1407 Sq Ft
3 Bed Sales Price: $448,164
2 Bed Sales Price: $397,570
Solar - To be determined
HOA: $719
Butterfly Virtual Doorman
Package Lockers
Elevator
Community Lounge & Roof Decks
Over 1.2 Acres of Outdoor
Recreational Space
Dog Park
No minimum occupancy (owners must occupy unit
The program doesn’t have a maximum occupancy; owners must comply with the building code.
No first-time homebuyer requirement
Resale Restriction Terms: In Perpetuity
Note: The Final Ranking number is subject to change after preferences are verified.
Important Information
Specific to this drawing, there is no entry deadline or file submission deadline.
Applicants will be reviewed on a First-File, First-Served basis. Please refer to the Opportunity Drawing Notice for further details. Applicants who opted out can submit to participate as a First File First Serve by following the process.
