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Five affordable 1-bedroom condos available in Western Addition

June 3, 2014

 

HOMES AVAILABLE IN WESTERN ADDITION

1 – BEDROOM AFFORDABLE BELOW MARKET RATE CONDOS

 

GUIDELINES FOR AFFORDABLE HOMEOWNERSHIP:

 Buyers must be income qualified and not have owned a home in the past 3 years.

 Buyers must attend a first–time homebuyer class. See www.sfmohcd.org

♦ Buyers must be pre–approved for a new home loan by an approved Mayor’s Office of Housing and Community Development lender in order to apply. See www.sfmohcd.org.

 Lottery participants are highly encouraged to view the homes prior to submitting application for the lottery.

 SIZE # AVAILABLE PRICE RANGE
1 BEDROOM 5 $240,053     -    $303,017

 

BUYER HOUSEHOLDS MUST EARN NO MORE THAN THE INCOME LEVELS  LISTED BELOW

UNITS 1 PERSON 2 PERSON 3 PERSON
121 + 314 67,950 77,700    87,400
111 74,750 85,450    96,150

 

KEY DATES & INFORMATION:

 Open House Dates: Thursday, June 5th, 5-7 pm;  Monday, June 23rd, 5-7pm; Saturday, June 28th, 11:00am – 12:30pm.

 BMR informational Workshops: Tuesday, July 1, 2014, 5-7pm at Third Baptist, Church 1399 McAllister St, SF, CA.

 Applications Received by: Monday, July 7th ,2014  5-pm at Third Baptist Church (TBC), 1399 McAllister St., SF, CA.  Beginning Friday, June 13th, applications can be delivered every Friday & Saturday 1-2pm to Optimum Realty atTBC.

 BMR Lottery will be held:  July 10, 2014 at 10 am at MOHCD: 1 So. Van Ness Ave. 5th Floor, San Francisco,CA

 Contact Optimum Realty for an application by phone: 415-594-0041; by email: Optimum.JaneBrown@gmail.com; or visit www.sfmohcd.org

Units are available through the San Francisco Mayor’s Office of Housing and Community Development and are subject to monitoring and other  restrictions . Visit www.sfmoh.org for program information. Priority will be given to San Francisco Redevelopment Agency and MOHCD Certificate of preference holders and households who live or work  in San Francisco.

Sales and Marketing  by Optimum Realty BRE #01215959

 

 

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