Four Below-Market-Rate Homes Open for Applications in Dublin

The City of Dublin has officially opened the application window for four newly constructed below-market-rate homes in the eastern part of the city. Municipal housing officials announced that the three-bedroom properties, situated within the Francis Ranch master planned community, are priced at $575,615 each. Qualified moderate-income households and first-time buyers have until Friday, October 30, at 4:00 PM to submit their formal purchase applications.

In a Tri-Valley housing market where median single-family home prices routinely surpass $1.5 million, the lottery offering represents a rare pathway to stable homeownership for working families. Local teachers, healthcare personnel, and municipal workers who often face long commutes from the Central Valley stand to gain long-term residential equity in Dublin. Successful applicants will secure newly built homes near expanding neighborhood retail amenities, public parks, and high-performing local schools. Securing deed-restricted housing shields emerging families against unpredictable rental increases and strengthens neighborhood stability across the eastern Dublin corridor.

The offering stems from the City of Dublin inclusionary zoning ordinance, which mandates that residential builders allocate a designated percentage of new construction for affordable housing. The Francis Ranch neighborhood, built by developer Trumark Homes, was approved by the Dublin City Council to accommodate sustainable suburban growth while expanding moderate-income civic housing stock. Prospective buyers must agree to strict equity sharing covenants and maintain the property as their primary owner-occupied residence to preserve community affordability over future decades.

Eligible buyers must meet strict household income caps established by Alameda County housing guidelines, ranging from $175,800 annually for a three-person household to $226,600 for a family of six. The three-bedroom duet configurations offer between 1,795 and 1,839 square feet of living space, complete with modern energy-efficient appliances, multi-zone heating, and attached two-car garages. Applicants must assemble a complete dossier that includes a verified city prequalification form, a formal mortgage loan preapproval letter from an approved institutional lender, and documentation verifying local residency or employment preference points.

Following the October 30 deadline, the Dublin Housing Division will screen all submissions for program eligibility and conduct an impartial computerized lottery drawing to rank qualifying households. City staff will then contact top-ranked applicants sequentially to complete mortgage underwriting, document verification, and initial purchase contracts before scheduled winter move-in dates. Municipal housing specialists will host informational virtual workshops throughout mid-October to assist applicants with navigating document submissions and lender guidelines. Residents interested in downloading program guidelines or reviewing preference criteria can contact the Dublin Housing Division at (925) 833-6610 or inspect official municipal notices.