Rosewood by Brookfield Residential

9 Four-Bedroom Moderate Homes will be released in multiple drawings.

Information & Announcements

Rosewood is bringing charming two-story duet homes and attached three-story townhomes to a charismatic location that checks all your boxes. Take your pick of two neighborhood collections and relish four bedrooms and up to 2,340 square feet of living space. And a colorful, curated downtown is just around the corner, with unique boutiques, plenty of places to eat and a Caltrain Station for all your out-of-town adventures. Savor award-winning wines and panoramic views at vineyards surrounding the community or catch rushing waterfalls and majestic coastal redwoods at the many parks nearby. With the homes you want, the space you need and the connectivity you crave, Rosewood is your starting point for an exciting new chapter.

Property Amenities

  • Pickleball Court, Tot-lot park, Shared public park

Solar and Non-Mortgage Costs are best estimates based on information provided by the builder. These figures may change.

Program Documents:

The Resale Restriction limits the price you can resell the house for and the amount of equity it can build. The difference between the home's fair market value and the maximum restricted resale price is known as “Excess Sales Proceeds.” This amount belongs to the program, and the City records a note and deed of trust to protect those proceeds. Among other requirements and responsibilities, you will be required to complete an annual compliance certification, validating that you as the owner are still occupying the property. Renting the property will breach program requirements disqualifying you from the program. You can hire an attorney to help you understand the Program Documents that you will be required to sign and abide by.

Restriction Term: 45 years

OPPORTUNITY DRAWING #737

910 Loyola Lane & 961 Blaise Lane

4 Bedrooms

Approx. 1844 Sq Ft

Restricted Sales Price: $615,000

Solar Requirements:

  • Purchase Cost (Estimated): $13,900

  • Lease: $138-148/month

  • Solar Requirements:  Amounts are general estimates based on the module type and panel size. The exact quote you'll receive from Complete Solar once in contract with the home takes into account the utility's current rate at that point in time AND factors specific to the home (panel orientation, home elevation, roof, and solar designs, etc.).

Other Monthly Non-Mortgage Costs (Estimated and may change):

  • Monthly HOA dues: $424.00

  • Home Insurance Requirement: HO6

  • Direct Levies and Mello Roos Approx. $3,579.56/year or $298.30/month

  • Property Taxes: Approx $641/month; check with your loan officer

Property Designated AMI: Up to Moderate

Occupancy Standard: Household Minimum 3, Maximum 9 people. Owners must occupy the home.

Resale Restriction Terms: 45 Years (Review the documents)

First-Time Home Buyer Requirement: Yes (see guidelines for the definition)

Please refer to the ODN (Right) for additional information

Important Information

  • Drawing release Date: 9/12/2025

  • Deadline to Enter Drawing: 9/23/2025 5:00 pm

  • Select City Preferences: 9/23/2025 5pm

    • Submit City Preference Supporting Documents by: 10/7/2025 5:00 pm

  • Estimated Date Drawing Results Published: 9/30/2025

  • File Submission Deadline: 10/7/2025 5:00 pm

Estimated Cost Breakdown - coming soon

City Preferences

Applicants must select the City Preferences by the Drawing Entry deadline and submit proof they meet them by the File Submission Deadline. The Final Ranking number is subject to change after preferences are verified. Applicants cannot adjust their City Preference Tiers/Points after the Drawing Entry Deadline. Preference Tiers/Point adjustments or corrections by the applicant after the Drawing Entry Deadline will not be considered. The Preference will be invalidated if supporting documents are not submitted on time or if insufficient proof is submitted.

 

Historical Information

No longer applicable to the drawings.

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HouseKeys

HouseKeys is an Affordable Housing Program Administrator who works alongside cities and builders to provide affordable housing opportunities to income-eligible households.