New opportunity for affordable homeownership in Hayward
The Stack Extra
An opportunity for affordable homeownership is now available in the new La Playa Place community of single-family homes by builder D.R. Horton near Southland Mall located at 24701 Calaroga Avenue.
The application period to enter the lottery to purchase these homes is open now through Feb. 5 for three four-bedroom, 2.5-bathroom homes available to moderate-income buyers and for two three-bedroom, 2.5-bathroom homes available to low-income buyers.
The four-bedroom, 2.5-bathroom homes restricted to moderate-income buyers are priced at $463,356. The three-bedroom, 2.5-bathroom homes restricted to low-income buyers are priced at $183,925.
Moderate income is considered up to 120 percent of area median income. Low-income is considered up to 80 percent of area median income.