Application Package Available for Sausal Creek
Sausal Creek Homes is located at 2464-2470 26th Avenue in the Lower San Antonio neighborhood of Oakland. The cluster of single-family homes for low- and moderate-income home buyers was completed in February 2008 and is ready for move-in. Sausal Creek Homes provides 17 two- and three-bedroom detached units ranging in size from 950 square feet to 1,537 square feet. Each home has off-street parking and private outdoor space (a deck or a yard) overlooking common areas. The project was developed by HomePlace Initiatives, a subsidiary of East Bay Asian Local Development Corporation and subsidized by the City of Oakland.
Available Units
Units at Sausal Creek Homes are selling quickly and only 5 two-bedroom units are still available. The two-bedroom units are priced at $237,400 for eligible families and households earning a maximum annual income at 100% of the Area Median Income (AMI). Interested parties may schedule a walk-through of the property by calling (510)287-5353 ext. 360.
Homebuyer Eligibility
Following eligibility criteria Sausal Creek Homes will sell
at an affordable price to families and households who meet the:
- First-time homebuyer
- Mortgage eligible – Able to secure sufficient financing
- Household size qualified – Between 2 and 6 persons, depending on unit size
- Income qualified – At or below 100% of area median income
- Maximum annual income limits are*:
- 2 person household - $68,900
- 3 person household - $77,500
- 4 person household - $86,100
- 5 person household - $93,000
- 6 person household - $99,900
*Based on 2008 data. Subject to annual change.
Application
Applications will be accepted on a first-come, first serve
basis. Applications (available in English, Spanish, and Chinese) can be
obtained through the following ways:
- Download here:
- Pick up at the EBALDC main office (310 Eighth Street, Suite 200, Oakland, CA 94607) Monday-Friday 9am-5pm.
- Request an application be mailed to you by calling (510)287-5353 ext. 360.
Equal Housing Opportunity
East Bay Asian Local Development Corporation is an equal opportunity housing provider to all, regardless of race, color, national origin, ancestry, sex, marital status, physical or mental disability, familial status, source of income, religious or political affiliation, sexual orientation, medical condition, or participation in or eligibility for a housing assistance program. All requests for reasonable accommodations will be considered.
