PREFERENCE CRITERIA FOR OWNERSHIP OF BMP UNITS
The City has established a priority system for allocating the limited number of affordable Homeownership BMP units. Priority shall be given to income eligible households/ applicants who meet the City of Santa Clara Preference Criteria below. The priority must be met by one of the applicants that will be listed as owners on title to the subject property for the Home Buyer Program.​​​​​​​​​
The preference system will be implemented to rank applicants systematically. Households qualifying for Priority 1 will be reviewed first, followed by those in Priority 2, and so on. Preferences will be assessed at the time of pre-application submission and during the application lottery, with verification occurring throughout the Purchase Application process. If it is determined that an applicant does not meet the required preferences or fails to provide sufficient evidence of their eligibility, they will forfeit their lottery ranking number and be placed at the bottom of the lottery list.
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