Alta Housing Services, LLC administers the City of Los Altos’ Below Market Rate (BMR) Housing Purchase Program, a program that provides homes in Los Altos for low- and moderate-income buyers.
BMR properties, which are principally condominium apartments and townhouses, are sold at prices that are significantly below the prevailing market rate. BMR units are located in market-rate condominium projects all across Los Altos. BMR purchasers must meet special income and eligibility requirements. BMR units must be owner-occupied and are subject to special restrictions on rental and resale.