Cassel Lane Affordable Ownership Units

Welcome to Cassel Lane!

The City of Davis Affordable Housing Program offers an opportunity for income-qualified households to purchase a home locally at below market cost. The Program Interest Form may be the first step to owning your own home at an affordable price.

Casell Lane 2 Unit Attached Building

Cassel Lane Affordable Housing is part of the city’s equal-opportunity affordable program. Located just off of Sycamore Lane in North Davis, five units (comprised of four single family attached two-story units and one single-story detached unit) are permanently affordable ownership units. The units include both two and three bedroom units, with square footage ranging from 1180 to 1400 square feet.

To qualify, a household’s gross annual income cannot exceed moderate-income levels for Yolo County, calculated at 120% of area median income.

In order to preserve these affordable housing units for the long term, the City has attached the following deed restrictions to each property:

Casell Lane Single Detached Unit
  1. All owning members of the household must remain the owner occupants of the home at all times and must live in the home a minimum of twenty-four months before selling it.
  2. The sales price of the property is restricted to a 3.75% appreciation per year from its original date of sale, compounded annually.
  3. The resale of these units is overseen through a city program that matches up affordable units to qualifying households when the owner decides to sell. This program requires 1% of the sales price to be paid to the city or its designee to cover the program costs.

Finally, if a home is available to you and you proceed with the purchase, you will be required to sign documents to verify your acknowledgement and agreement to adhere to the unit’s deed restrictions. In addition, you must also attend a Homebuyer Education course.

NeighborWorks HomeOwnership Center Sacramento Region (NeighborWorks) oversees the City’s right of first refusal for affordable ownership units including the five units at Cassel Lane. NeighborWorks maintains an interest list in order to notify people when existing affordable ownership units become available for sale.

The process of buying a home is not simple, but it is a worthwhile endeavor. If you have questions regarding the information stated or would like to be added to the interest list, please contact Emilee Ford with NeighborWorks at:

Housing Descriptions and Floor Plans

Download Floor Plans
Floor plans This document is in PDF Format Kbytes

This may be just the opportunity you have been seeking to own a home in Davis. Located in an upscale new neighborhood, these five Spanish-style homes are among the permanently affordable ownership units available to income qualified buyers.

Cassel Lane units:

  • Four single family attached 2-story units
  • One single-story detached unit
  • Square footage ranging from 1180 to 1400 square feet

Amenities include:

  • Granite and marble countertops
  • Custom Cabinetry
  • Stainless steel appliance
  • Tile flooring
  • Smooth stucco exteriors with concrete tile roofs
  • Close to greenbelts and parks
  • Convenient access to shopping and restaurants
  • Located on a new street near some of the nicest neighborhoods in town

City of Davis, California
23 Russell Blvd.
Davis, Ca. 95616