Below Market Purchase (BMP) Program
Below Market Purchase (BMP) Program is a bmr restricted-resale ownership / inclusionary from City of San Jose Housing Department. Serves San Jose. For first-time buyers. Income limit: Varies (low to moderate income).
Amount varies by program
Listed as open as of May 26, 2026
Serves San Jose.
| First-time buyer | Required |
|---|---|
| Income limit | Varies (low to moderate income) |
| Homebuyer education | Required |
| Sales price cap | Designated BMP units in San Jose |
| Amount notes | Below-market price subsidy (varies) |
| Notes | City recently increased homeowner equity share from 70% to 85% for legacy participants |
| Phone | (408) 535-3860 |
Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.
Provider: City of San Jose Housing Department · program details at the provider’s site.
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