Affordable Homeownership at Seagrass in Discovery Bay

A limited opportunity for income eligible first time homebuyers to purchase a beautiful, new home through Contra Costa's affordable homeownership program.

Seagrass offers modern new homes in a waterfront-inspired Discovery Bay community with planned amenities, Delta views, and nearby shopping, dining, and recreation.

Welcome to Seagrass

Seagrass is an exciting new homeownership opportunity in Discovery Bay offering a limited number of affordable 3, 4, and 5-bedroom homes for income-qualified first-time homebuyers. Through Contra Costa County's affordable housing program, these homes are being offered at below-market-rate prices to help low- and moderate-income households achieve the dream of homeownership in a vibrant and growing community.

These homes are designed for households seeking long-term housing stability, with spacious floor plans that can accommodate a variety of household sizes and needs. Buyers will have the opportunity to purchase a newly constructed home while benefiting from affordability programs intended to expand access to homeownership for local families who may otherwise be priced out of the market.

The Homes

Visit Pulte

The Program

Participation in the Seagrass Affordable Housing Program requires buyers to meet specific eligibility requirements established by Contra Costa County. All applicants must be first-time homebuyers, occupy the home as their primary residence, and meet applicable household income limits and program guidelines. Eligibility will be verified through a formal application and income certification process.

We strongly encourage interested households to carefully review the program documents available below. These materials contain important information regarding eligibility requirements, affordability restrictions, occupancy requirements, resale restrictions, financing requirements, and the overall homebuyer selection process. Reviewing these documents early will help you determine whether this opportunity is the right fit for your household and prepare you for the application process.

Important costs of homeownership:

HOA Dues$312/moIncludes maintenance of the trail, lake, clubhouse, and park.

Solar Options$200-$325/mo lease/PPABuyer may either lease through a Sunrun Power Purchase Agreement or purchase the system. Cash purchase pricing varies by plan and ranges from approximately $29,900-$38,800.

Special Taxes & AssessmentsApprox. $224/moIncludes Mello-Roos, sewer/water, county service area charges, stormwater fees, and other fixed assessments shown on the estimated property tax schedule.

HCD 2026 Income Eligibility Limits

Contra Costa County Area Median Income (AMI): $162,800

Household Size	1 Person	2 People	3 People	4 People	5 People	6 People	7 People	8 People
Low Income	$95,050	$108,600	$122,200	$135,750	$146,650	$157,500	$168,350	$179,200
Moderate Income	$136,750	$156,300	$175,800	$195,350	$211,000	$226,600	$242,250	$257,850

Swipe left/right to view all household sizes →

Reference Materials

Documents to Review

Buyer Guidelines Buyer requirements, income limits, documentation, and program rules.

Promissory Note Financing guidelines, loan provisions, and disclosure terms.

Resale Restriction Agreement Resale limitations and long-term ownership requirements.

Deed of Trust Recorded legal documents that affect ownership obligations.

Eligibility & Process

Follow these steps to apply for the First-Time Homebuyer Assistance Program and move closer to making your homeownership dream a reality.

Meet income eligibility requirements
Qualify for mortgage financing
Provide required documents by stated deadlines
Meet occupancy, resale restriction, and equity share requirements

Step 1 - Submit Interest Form

Complete and submit the Program Interest Form

Step 2 - Attend a Workshop

Attend a workshop based on your purchase readiness and anticipated timeline.

Step 3 - Meet a Loan Officer

Obtain a mortgage pre-approval from a loan officer familiar with and approved to work with the Program.

Step 4 - Pre-Qual Application

Submit your Program pre-qualification application along with your mortgage pre-approval letter.

Step 5 - Eligibility Determination

The HousingINC team will review your application and supporting documentation to determine whether your household meets the program requirements. This includes verifying household income, assets, household size, first-time homebuyer status, financing eligibility, and any other program-specific requirements. Lotteries may be necessary for certain homesites.

Step 6 - Enter Into Contract

Once approved, eligible buyers will have the opportunity to select an available home and enter into a purchase agreement with the builder. During this stage, buyers will work with their lender, complete escrow requirements, and prepare for closing.

Step 7 - Get Your Keys

Congratulations! After closing escrow and completing all program and lender requirements, you'll receive the keys to your new home and officially become a Seagrass homeowner.

Upcoming Homebuyer Workshops

All workshops are held virtually. Register for an upcoming session below.

Virtual Workshop

July 22 12:00 PM Register

Virtual Workshop

July 27 12:00 PM Register

Virtual Workshop

August 6 7:00 PM Register

Virtual Workshop

August 12 7:00 PM Register

Schedule Conflict?

If you are unable to attend the scheduled dates above or require special accommodations, please click here to request an alternative arrangement.

Quick Answers

FAQs

Common questions about the Seagrass affordable homeownership opportunity.

Is this a market-rate home?

No. These homes are offered through an affordable homeownership program at a restricted sales price for eligible buyers.

Do I need to qualify for a mortgage?

Yes. Buyers must be able to qualify for financing and remain eligible throughout the purchase process.

What is a resale restriction?

This home is part of the County of Contra Costa’s Affordable Housing Program, which requires the owner to occupy the home as their primary residence and requires homeowners to share a portion of the home’s appreciation upon resale.

Can I sell the home later?

Yes, homeowners can sell in home in the future but will share a portion of their equity with the County of Contra Costa upon resale.

Should I review the legal documents before applying?

Yes. Buyers should review all program documents (hyper link this section if possible) and will review these documents with HousingINC staff.

Are the costs final?

Yes, all buyers must be first time home buyers (not having owned a home in 3 years) and must meet income eligibility requirements.

Ready for the next step?

Register for a workshop, request a Spanish-language session, or ask for an accommodation if the listed dates do not work for your household.

Interest List

Submit your preferred workshop date and any support requests. Program staff can follow up with confirmation and next steps.

First name Last name Email Phone How did you hear about us? Have you visited Discovery Bay? 1. Are you a first-time homebuyer? 2. Do you or any of the people in your household currently own a home? 3. Are all members in your household a first-time homebuyer? 4. How many people are in your household? 5. Estimated gross household income of all your household members? (Includes all jobs, side jobs, businesses, side businesses, child support, alimony) 6. Estimated total amount of money in your savings and checking accounts? (For all adult household members) 7. Estimated total amount of money in your investment accounts? (Does not include retirement funds, for all adult household members) 8. Estimated total amount of money in your retirement accounts? (For all adult household members) 9. What is your timeline for your home purchase? 10. Have you been pre-qualified for a home loan in the last 12 months? Preferred language Questions / Comments

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