First Time Home Buyer Programs

Preparing for Homeownership

ECHO Housing offers classes on how to find, qualify for, and buy a home as well as debt and financial education and counseling. You can also obtain information about down payment assistance, first-time homebuyer programs, housing counseling, mortgage products and more.

The City will be publicizing future home purchase opportunities (new homes as well as the resale of existing PHAP homes) through Hello and ECHO Housing. Those interested in staying informed about future ownership housing opportunities sponsored by the City of Pleasanton should contact these agencies and click Interest list to be notified of the City's future affordable housing opportunities.

Pleasanton Housing Costs

Pleasanton is located in an area of high housing costs typical of the San Francisco Bay Area. The Bay East Association of Realtors ® maintains up-to-date information on sales prices for existing homes.

Homes at Below-Market Prices

In 1992, the City introduced the Pleasanton Home Ownership Assistance Program (PHAP) to assist first-time home buyers in overcoming the obstacle of high local housing costs to be able to purchase homes in Pleasanton. Working with local housing developers, over 120 below-market priced homes have been constructed to date.

The purchase of PHAP homes has generally been restricted to owner-occupant, first-time home buyers. To ensure continued affordability over time, PHAP homes include restrictions controlling the maximum sale price and maximum income of subsequent buyers when the homes are resold.

PHAP homes represent a variety of housing types which have been sold at several different affordability levels.



Pleasanton's newest addition of below market rate units include, 10 new, two-bedroom, affordable homes that are for sale to income-qualified buyers at SummerHill Andares, a 94-unit community being developed by SummerHill Homes in Pleasanton. These below market rate (BMR) homes, made possible by the City of Pleasanton’s Inclusionary Zoning Ordinance, are offered at $265,000 to provide households at or below 80 percent Area Median Income the opportunity to make Pleasanton their home. 

The application period is now closedFor more information including LOTTERY RESULTS, contact Hello Housing* at 415-930-4112 or visit

 *The City contracts with Hello Housing to administer the City’s Home Ownership Assistance Program.  Please contact Hello Housing, not the City, for questions or for more information.



HomesFinancing Programs

In 2004, the City introduced a Down Payment Assistance (DPA) program. The program currently provides up to $20,000 in down payment assistance for low- and moderate-income buyers. Assistance is in the form of a low-interest loan that is amortized over 20 years. Buyers are responsible for obtaining a first mortgage with a CalHFA-approved lender at a fixed interest rate with no negative amortization, balloon payment or adjustable rate features. DPA Program administration is handled through Hello Housing.  Additional information, including the process for submitting a pre-application, can be found in the brochure, application, and guidelines for the DPA program.

Additional assistance has sometimes been available through the Mortgage Credit Certificate (MCC) program administered by the Alameda County Housing and Community Development Department (HCD). Through the MCC program, eligible home buyers can receive a credit on their annual taxes to lower their monthly housing payment.