Rise Housing Solutions is pleased to be managing the application and buyer selection process for the Below Market Rate (BMR) homes on behalf of the developer, KB Home, and the City of Daly City.
There are six (6) brand-new BMR townhomes for sale priced to be affordable to Moderate-Income (120% Area Median Income) households available at Point Martin by KB Homes. The homes are being offered during the 2026 pre-application period. Preference Points and Income limits apply.
Looking for other opportunities?
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*The cost of the required solar leasing is listed below
Point Martin Lottery Information
The August 2026 pre-application period has ended. Review the lottery schedule and program information below.
August 2026 Pre-Application Period Closed
The deadline to apply was Friday, August 28, 2026.
Rise Housing Solutions is reviewing the pre-applications received by the deadline. The lottery is scheduled for Wednesday, September 2, 2026. No additional pre-applications are being accepted for this lottery.
Lottery Schedule
| Pre-application opened | August 7, 2026 |
|---|---|
| Pre-application closed | August 28, 2026 |
| Lottery | September 2, 2026 |
Program Information
Select a section below to review additional details.
Basic Qualification Criteria
Households must meet all applicable program, income, occupancy, and financing requirements.
2026 Household Income Limits
The Point Martin BMR homes are available to eligible households earning no more than 120% of the San Mateo County Area Median Income.
| Household Size | Maximum Annual Gross Income |
|---|---|
| 3 people | $216,850 |
| 4 people | $240,950 |
| 5 people | $260,250 |
| 6 people | $279,500 |
| 7 people | $298,800 |
| 8 people | $318,050 |
Income eligibility is based on the combined gross income of all household members. Asset income and other applicable income sources may also be included.
Daly City Preference Point
An eligible household may receive a maximum of one preference point if at least one household member currently:
- Maintains their primary residence within the City of Daly City;
- Works for wages or salary within the City of Daly City; or
- Owns or operates a business within the City of Daly City.
Receiving a preference point does not guarantee selection. All preference claims must be verified.
What Happens After the Lottery?
The lottery establishes the order in which pre-applications will be reviewed. It does not determine final eligibility or guarantee the purchase of a home.
- Eligible pre-applications will receive a lottery ranking.
- Applicants will be contacted in ranking order as homes become available for eligibility review.
- Households selected to continue will be asked to submit supporting documentation verifying income, assets, preference eligibility, financing, and other program requirements.
Previous Point Martin Lottery — February 2026
The previous Point Martin pre-application period is closed. A lottery was held on February 10, 2026, to establish applicant ranking positions for that application period.
Applicants who participated in the February opportunity should refer to the notices previously provided by Rise Housing Solutions for their lottery results and next steps.
Questions, Assistance and Translation Services
For assistance with the Point Martin BMR application process, contact Rise Housing Solutions at (415) 301-5448 or matt@risehousing.com.
Translation services are available upon request.
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Pre-Application Period Closed
The Point Martin pre-application period ended on August 28, 2026. The lottery is scheduled for September 2, 2026. Applicants who submitted a pre-application by the deadline will receive notices from Rise Housing Solutions regarding their lottery number and next steps.
Participation in the lottery does not guarantee program eligibility, mortgage approval, or the opportunity to purchase a home. All submitted information is subject to review and verification.