FOR IMMEDIATE RELEASE 
Cobblestone Homes Ready for Sale Under 
County’s Affordable Housing Program 
Sacramento, Calif., (May 31, 2007) - Syncon Homes (www.synconhomes.com) is developing a 
new 100-unit subdivision located on Elk Grove-Florin Road in Sacramento County’s Vineyard 
Community Plan area. To comply with the County’s Affordable Housing Program, 15 single 
family homes will be offered to low-income first time homebuyers. The three-bedroom, two-
bath homes will be priced in the low $200,000s. 
Sacramento Housing and Redevelopment Agency (SHRA) staff will be assisting the builder by 
income-qualifying prospective homebuyers and referring families to homebuyer education 
courses. All eligible homebuyers will be entered into a lottery to be conducted by SHRA as the 
affordable units are made available. Available homes and first-time homebuyer information is 
available on the SHRA website (www.shra.org) under “Affordable Housing and 
Homeownership/Homebuyer Programs.” 
In effect since 2005, the County’s Affordable Housing 
Program is intended to achieve balanced communities by 
providing housing opportunities for households at all income 
levels. In general, developers provide affordable 
opportunities in 15 percent of their development. Smaller 
developments may pay a fee and some developments may 
choose to dedicate land to SHRA where affordable rental 
housing will be built. The high volume of new homebuilding 
activity in the County has resulted in over 200 market rate 
developments subject to the Ordinance. While the majority of these developments have not 
reached the entitlement phase, developers have proposed to construct an impressive 1,200 
affordable homeownership units over the next several years. 
Interested homebuyers should contact the marketing and sales staff at Syncon Homes at (916) 
826-4988. For information about SHRA’s First-Time Homebuyer loan programs and lotteries, 
call Susan Perry at (916) 264-1500. For more information about the Affordable Housing 
Program, contact Cindy Cavanaugh at (916) 440-1328. 
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Text Box: Image courtesy of Syncon Homes