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New homes in the City of Sacramento

You can view a listing of new affordable homes for sale either in development projects with special financing programs or in new subdivisions under provisions in the Mixed Income Housing Ordinance.  For more information about purchasing a home, call SHRA Homeownership Services at (916) 440-1393.

Special Financing Homes

Special Financing refers to a homeownership assistance program which provides funds to qualified homebuyers to help with down payment and closing costs.
 
Mortgage payments shown are based on FHA financing with a 3.5% down payment, using a range of interest rates.  The payments include principal, interest, taxes and insurance (mortgage insurance and homeowner’s insurance).  Monthly payment amounts are estimates only since interest rates and terms are subject to change and are not guaranteed.  All loans are subject to underwriting and loan qualifications of the lender.

Inclusionary Homes

Inclusionary homes are located in new subdivisions where the developer is required to provide a percentage of the new homes at prices affordable to income qualified first-time homebuyers.  Inclusionary homes have restrictions as required by City ordinance.
 
Mortgage payments shown are based on 95% financing and include principal, interest, taxes, insurance (PITI) and Mello Roos assessments and HOA dues as applicable.  Monthly payments shown are for a 30 year conventional first mortgage, using a range of interest rates.  The payment amounts are estimates only since interest rates and terms are subject to change and are not guaranteed.  All loans are subject to underwriting and loan qualifications of the lender.