University Gables is subject to buyer income limits imposed by the City of Buena Park Redevelopment Agency in exchange for granting the site and entitlements for the project. All buyers must, at the time of purchase, earn no more than 120% of Orange County median income, adjusted for household size ("Moderate Income"). The purchasers of 11 of the townhouses must earn no more than 80% of Orange County median income ("Low Income"). The so-called "Low Income" and "Moderate Income" limits are higher than might be expected, because of the relatively high median income in Orange County. Purchasers are not required to be affiliated with CSUF, but persons affiliated with CSUF will have the highest priority for homes. Persons with CSUF-related offers of employment to commence before a given cutoff date can enter into a sales contract with the same priority as existing employees. All purchasers must use their University Gables home as their principal place of residence. Employees of the CSUF Housing Authority will not be eligible to purchase homes.
University Gables applicants are selected according to the CSU Fullerton Housing Authority priority schedule. Due to the high demand for University Gables homes applications at this time are being accepted from only those who qualify in the Tier 1 priority and applicants who qualify for one of the eleven lower income homes. To see if you are currently qualify, the priority schedule can be found in the FAQ Section Question 14 and the maximum income limits to qualify for a lower income home can be found in the Affordability section of the Program tab. To qualify for a lower income home, the applicants household income can not exceed 80% of the Orange County median Income.
Applying to purchase a home at University Gables:
- Print the application by visiting the "University Gables Application" link below
- Complete and sign the application and FAX to (714) 278 - 1141. Confirmation of receipt will be emailed to applicant
- The application may be mailed to the CSUF Housing Authority:
CSUFHA
2600 Nutwood Ave. Suite 250
Fullerton, CA 92831
|