Approved Below Market Rate Housing Programs
This website is “Freddie Mac confidential information” as described in and subject to the provisions of Guide Section 1201.8(a). It must not be disclosed or distributed to external third parties.
Below Market Rate Affordable Housing Programs for Mortgages Secured by Properties Subject to Income-based Resale Restrictions
Approved Sellers may use the provision titled “Special Requirements for Mortgages Secured by Properties Subject to Income-based Resale Restrictions under a Below Market Rate Program” to originate and sell mortgages to Freddie Mac in connection with the approved below market rate affordable housing programs listed below. Please bookmark and reference this page regularly, as programs may be added or removed periodically.
If you would like Freddie Mac to review a program that is not listed below, please reach out to your Freddie Mac account executive, customer relationship manager, affordable lending sales solutions transaction executive or the Customer Support Contact Center at 800-Freddie.
List of Approved Programs | ||
| Housing Program | State | Approval Date |
| Aliso Viejo Below Market Rate | CA | 9/14/22 |
| City of Calistoga Below Market Rate Program | CA | 12/1/25 |
| City of Campbell Below Market Rate Program | CA | 08/14/24 |
| City of Concord Inclusionary Housing Program | CA | 9/14/22 |
| City of Dublin Affordable Housing Program | CA | 9/14/22 |
| City of Emeryville Below Market Rate Program | CA | 9/14/22 |
| City of Gilroy BMR Program | CA | 08/14/24 |
| City of Hayward Inclusionary Housing Program | CA | 9/14/22 |
| City of Lafayette Below Market Rate Program | CA | 9/14/22 |
| City of Livermore Below Market Rate Program | CA | 9/14/22 |
| City of Marina – Marina Sea Haven Below Market Rate Program | CA | 12/18/23 |
| City of Millbrae Affordable Housing Program | CA | 9/14/22 |
| City of Morgan Hill BMR Program | CA | 08/14/24 |
| City of Novato, California | CA | 3/31/23 |
| City of Pacifica Below Market Rate (BMR) Program | CA | 9/14/22 |
| City of Palo Alto Below Market Rate Purchase Program | CA | 7/7/25 |
| City of Pleasanton | CA | 9/14/22 |
| City of San Leandro Inclusionary/Below Market Rate Housing Program | CA | 9/14/22 |
| City of San Mateo Below Market Rate Program | CA | 08/14/24 |
| City of Santa Clara Below Market Purchase (BMP) Program | CA | 9/14/22 |
| City of South San Francisco’s Affordable Housing Program | CA | 11/29/22 |
| City of San Ramon Below Market Rate Program | CA | 08/14/24 |
| City of Sunnyvale Below Market Rate (BMR) Home Ownership Program | CA | 9/14/22 |
| City of Rutland Below Market Rate Program | VT | 08/14/24 |
| City of Tustin Affordable Housing Program | CA | 9/14/22 |
| Marin County – Marin Housing Authority Below Market Rate Homeownership Program | CA | 12/1/25 |
| Los Angeles County Development Authority – Density Bonus and Inclusionary Housing Ordinance Affordable Homeownership Program | CA | 12/1/25 |
| San Diego's Affordable For-Sale Housing Program | CA | 7/7/25 |
| San Francisco Below Market Rate Homeownership Program | CA | 9/14/22 |
| San Luis Ranch – City of San Luis Obispo | CA | 4/20/23 |
| Smith Ranch Neighborhood in Silverthorne | CO | 7/7/25 |
| Whittier Housing Authority Affordable Home Ownership Program (AHOP) | CA | 9/14/22 |