Thank you for your interest! This page will provide you information on Below Market Rate (BMR) homes administered through First Home Inc. and the Bay Area HomeBuyer Agency. The sale of BMRs create affordable homeownership opportunities for low to moderate income homebuyers whose earnings are usually at or below 120% of the areas median. Affordability for BMRs is achieved through a combination of reducing the sales price and/or through offering homebuyer assistance subsidies. BMR units have a number of ownership and sales restrictions, including, most commonly, the price at which the property can be resold and the requirement that the home not be rented.
First Home Inc. (FHI) and the Bay Area HomeBuyer Agency will be administering either/or the sale and financing of the BMR units listed on the left.
Park Station by Summerhill Homes
SOLD OUT!
*Participating with the City of South San Francisco affordable housing program remain. Please contact Joseph Schneider with First Home Inc. for qualification guidelines. Ph: 415-561-5600 ext. 125. or Email: joseph@fhicda.com
City Living, Half the Cost
99 Condominium Units with Underground Parking
24 Minutes to Union Square on BART
One Block to Trader Joe’s
- Two BART stops to SFO
- One Block to Costco
- Owner’s Lounge
- Fitness Room
Park Station gives more than style – it gives access, it gives comfort, it gives what you want in a community.
