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$467,188
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San Francisco Area Condominium

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140 South Van Ness Avenue 430 San Francisco, CA 94103

1 Bed
1 Baths
795 sqft
MLS# 424055163
Bright and spacious one bedroom, one bath Below Market Rate Opportunity!!! (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $104,900; 2 people = $119,900; 3 =$134,850; 4 = $149,850, etc. Must be 1st-time homebuyer & income eligible. Unit available through the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit is listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org. Fair housing opportunity. TEMPORARY BUYER ELIGIBILITY WAIVERS AVAILABLE! - Increase in Qualifying AMI: Applicants can qualify with an Area Median Income (AMI) up to 20% higher than the AMI designated for the unit (not exceeding 150%). - Removal of First-Time Homebuyer Requirement. - Exclusion of Income from Assets: Income derived from assets may be excluded. - Modification of Household Size Requirement: Buyers may purchase a unit with up to one additional bedroom beyond their household size. - Flexibility in Homebuyer Education: The required first-time homebuyer education course may be completed after the initial application submission. - Lowering Minimum Financing Requirements: Minimum financing thresholds for for buyers may be reduced to facilitate purchase.
Listing Courtesy of San Francisco Association Of Realtors / Corcoran Icon Properties / Bill Berry