Real Estate
2-Bedroom Pleasanton Townhouse Available For $550K
The city of Pleasanton is offering a below-market-rate home to qualified buyers.

PLEASANTON, CA — Certain households are eligible to apply to purchase a below-market-rate home three-level, two-bedroom townhouse in Pleasanton.
The two-bed, 2.5-bath, 1528-square-foot Palomino Drive townhouse is estimated to cost $550,511, with a monthly HOA fee of $407. See here to take a virtual tour of the home.
To qualify for purchase, households must make up to $185,050 per year in gross income, depending on household size:
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- $137,100 for 2 people
- $154,200 for 3 people
- $171,250 for 4 people
- $185,050 for 5 people
The household size must be at least two. Buyers must demonstrate the capacity to pay at least three percent down and have a minimum FICO score of 660, in addition to other requirements. Some applicants may qualify for up to $52,000 in down payment assistance. Qualifying first-time home buyers can also participate in a lottery application.
The deadline for lottery applications is Nov. 4 at 5 p.m.
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Apply to the home here. See here for all requirements.
Email the Bay Area Affordable Homeownership Alliance at info@myhomegateway.com with questions.
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