Rosewood by Brookfield Residential
Four-Bedroom Moderate Homes
Applicants: Don’t wait for the ranking results—get a head start by preparing the items listed on the Opportunity Drawing Notice. Ensure that you have everything ready and submitted before the deadlines.
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 #776
910 Loyola Lane - Buyer Identified
928 More Lane
4 Bedrooms / 3.5 Bath
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:
Minimum Occupancy Requirement Waived
In all instances, the applicants who will be listed as owners will need to occupy the purchased unit.
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 Deadlines
Drawing release Date: 2/20/2026
All deadlines are Standard Pacific Time by 5:00:00pm
Accepting backup Entries. Entries are reviewed in order of drawing entry by date and timestamp
Results Published: 3/10/2026 after 5 pm
File Submission Deadline: TBD. Once the current group has been exhausted, we will issue a new deadline for submitting files to the next group of applicants. Applicants will be reviewed in the order of drawing entry by date and timestamp. The deadline will apply only to applicants who have entered the drawing by the established date.
Estimated minimum household income: $140,887
Estimated Cost Breakdown
Interest may change; speak to your Loan Officer. Also, check with the County Tax Assessor for additional taxes that may not be reflected here.
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.
Drawing Results
Final Ranking Numbers will change as we move down the list when we audit and underwrite the claimed preferences/points until an eligible buyer has been identified. Please log in to your account at www.myhousekeys.com to find the updated Final Ranking numbers based on our findings during the application process. They will continue to be updated as we move down the list. Rest assured that the Initial Ranking Numbers, aka lottery numbers, will not change. Note: You will not have a ranking number if you entered the drawing after the drawing entry deadline
RESOURCES
How-to and Informational Videos
How to get started and prepare a file
Register for HUD Approved 1st Time Homebuyer course
Complete (Full) File Document Checklist
Lender List and Forms: Click Here
