Rosewood by Brookfield Residential

Four-Bedroom Moderate Homes

If you missed the initial entry deadline for OD 816, you may enter the drawing and submit your file now!

*Ranked applicants who met the initial deadlines are processed first according to their ranking numbers.

UPDATE 8/6/2026: 908 More Lane - The City of Morgan Hill has approved waiving the minimum occupancy from 3 people to 1 for this unit.


OPPORTUNITY DRAWING #816

4 Bedrooms / 3.5 Bathrooms

Approx. 1844 Sq Ft

Sales Price: $615,000

Monthly HOA: Estimated $424

H06 Insurance required

Solar Requirements:

  • Lease: $138-148; subject to change based on utility ranges at the time of Lease entry

  • Purchase: $14,450 Note: If buying solar, a Capital Improvement Credit will be added to the buyer’s purchase cost. Please work with your loan officer to ensure this cost is considered.

Special Taxes: Approx. $3,579.56/year

Property Designated Income Category: Up to Moderate

Occupancy: Min Household 1, Max 9 people (owners will be required to occupy the property)

  • UPDATE 8/6/2026: 908 More Lane - The City of Morgan Hill has approved waiving the minimum occupancy from 3 people to 1 for this 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

  • If you missed the initial entry deadline for OD 816, you may enter the drawing and submit by 9/2/2026 5pm!

  • If you missed the deadline, you may still submit!

    *Ranked applicants who met the initial deadlines are processed first according to their ranking numbers.

Estimated minimum household income: $160,504.20

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.