Affordable Homeownership Opportunities Open House at Fusion

Nov. 10, 2011 - PRLog -- Sunnyvale, Calif. – If you think you can’t afford to buy a new home in Sunnyvale, think again. On Saturday, November 12 from 9 a.m. to noon, the City of Sunnyvale will present an Affordable Homeownership Opportunities Open House at Fusion in Sunnyvale. The event will allow visitors to learn more about affordable housing opportunities in Sunnyvale, first-time homebuyer programs, and down payment assistance programs. Officials from the City of Sunnyvale and participating lenders will be present to explain programs and answer questions.

The event is designed to help first-time buyers, those who live or work in Sunnyvale and low- and moderate-income households find out how they can purchase a home in Sunnyvale by following a few simple steps. Buyers need to:
1.   Get pre-qualified for a home mortgage with a participating lender.
2.   Complete the Eligibility Application for the City of Sunnyvale Housing Division Homebuyer Program and submit the application in person or mail to the City of Sunnyvale Housing Division, which can be reached at 456 W. Olive Avenue, Sunnyvale, CA 94086.
3.   After a buyer’s eligibility has been approved by the City, the final step is to bring your approval letter to the new home community where you would like to purchase.

For more information on this process, eligibility requirements and income guidelines, please visit SunnyvaleAffordableHousing.com. Below-market-rate
homes are currently available at Fusion and Encinal in Sunnyvale.

The easiest way to learn more about the available homes and how the program works is to attend the Affordable Homeownership Opportunities Open House at Fusion in Sunnyvale on November 12. Refreshments will be provided and presentations will be given on the hour from 9 a.m. to noon. Please RSVP for the time slot that best fits your schedule by Thursday, November 10 at SunnyvaleAffordableHousing.com. Fusion is located at 592 Santa Rosalia Terrace in Sunnyvale, at the cross streets East Duane Avenue and De Guigne Drive.