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For New Homebuyers

Living in the Bay Area
Stanford's location in the heart of the San Francisco Bay Area makes it an ideal place to live, work and enjoy life. This beautiful and cosmopolitan area offers the best of everything -- stunning beaches, mountain hiking, urban adventures, and cultural attractions. Please click on the underlined heading for links to information about the Bay Area.

Qualifying Area
Housing programs may be used for the purchase of property within a particular geographic area, shown on the map.

Eligibility Overview
Stanford University's housing programs are available to a specific and limited number of employment categories. Click on the underlined heading for more information.

Overview of Purchase Programs

• Mortgage Assistance Program (MAP) – A non-amortizing, interest-only mortgage loan with a low current interest rate and deferred interest due at payoff.
• Deferred Interest Program (DIP) – A non-amortizing loan with no payments until the principal and deferred interest are due.
• Housing Allowance Program (HAP) – A taxable fringe benefit that supplements income upon purchase of a home.
• Residential Ground Lease Program – Information regarding the terms and conditions of ground leases for on-campus homes.

Purchase Process
Here is an outline of the process for buying a home using Stanford's programs.

Purchasing On-Campus

• Subscription to Homes For Sale List - Subscribe to the monthly Homes for Sale List for six months or renew your subscription.
• Purchase Contract Documents - Purchases on-campus require the use of these documents.
• Utilities - List of utility providers for on-campus homes.
• Residential Ground Lease Brochure - This document provides information regarding the terms and conditions of an on-campus leasehold.
• On-Campus Disclosures - This document contains a list of factors to consider when looking for properties to purchase on-campus.
• Future Housing Sites - This map of future housing sites is from the 2000 General Use Permit.
• Realignment of Campus Drive - As outlined in the 2000 Stanford Community Plan, work is progressing on the site and concept plans for the realignment of Campus Drive at Mayfield Avenue. Additional information can be obtained by contacting Cathy Blake, Associate Director, Stanford University Architect/Campus Planning and Design Office, 650.723.3441.
• SCRA - Join the Stanford Campus Recreation Association, a community athletic club.
• On-Campus Sales Statistics - Number of sales by academic year and the most recent annual high and low prices.
• Campus Housing Sales Summary - This document is updated on the first of each month with recent campus sales information. It contains addresses and prices without descriptions. Latest update May 1, 2009.

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