Below Market Price (BMP) Homes

BMP Home for Sale


At this time, there is a 2 bedroom, 2.5 bath condo available for purchase. The address is 5717 Via Lugano in the Ardenwood area of Fremont. The purchase price is $429,113. For more information and photos, please check out the following links:

Property Flyer
Virtual Tour

If you are interested in the property, please view the requirements below and contact the listing realtor, Simon Kiang, by email or by calling 510-938-1898. The realtor will be responsible for scheduling showings, accepting applications, and handling the sales transaction.

The deadline to submit an offer for this property is Monday, August 10, 2020 at 12:00 p.m.

5717 Via Lugano

5717 Via Lugano

Eligibility Requirements


To be eligible to purchase a BMP home, applicants may not have owned a home within the last three years. Applicants must also currently live or work in Fremont.

Income Requirements 


An applicant's annual household gross income (before taxes) must not exceed the following limits. For example, a 2-person household cannot earn more than $104,885 a year before taxes to be eligible.
Household Size Maximum Household Income
2 $104,885
3 $118,030
4 $131,120
5 $141,625

Loan Requirements
To make an offer on a BMP home, applicants must obtain a loan pre-approval letter from a City Approved Lender. To apply for a loan pre-approval letter, applicants must submit a number of documents. See our list of documents.

Interest List


If you would like to be notified when a BMP home is available for purchase, please sign up for our First Time Homebuyer Program Interest List. Please note that the interest list is not an application wait list. It is an "interest list" only.