3 Below Market Rate homes for sale at 986 South Van Ness Ave
1 studio, 1 one-bedroom, and 1 two-bedroom, priced from $181,200 to $417,435 without parking and $222,524 to $473,731 with parking. 1 Parking space will be made available to BMR buyers by lottery rank.
Applicants must be first-time homebuyers and earn no more than the income levels listed below:
For the studio unit: 65% of the 2023 Area Median Income
One person - $65,550; 2 persons - $74,950; 3 persons - $84,300; 4 persons - $93,650 etc.
For the 1-bedroom and 2-bedroom units: 100% of the 2023 Area Median Income
One person - $100,850; 2 persons - $115,300; 3 persons - $129,700; 4 persons - $144,100 3 etc.
Applications must be received by 5PM on 1/16/2024. Apply online through DAHLIA, the SF Housing Portal at
http://housing.sfgov.org. We are not accepting paper applications.
Applicants must complete first-time homebuyer education and obtain a loan pre-approval from an approved participating lender. For more information or assistance with your application, contact HomeownershipSF at (415) 202-5464 or
info@homeownershipsf.org. For questions about the building and units, contact Josh McAdam at josh@mcadamproperties.com.
Units are monitored through the San Francisco Mayor's Office of Housing and Community Development and are subject to owner occupancy and other restrictions. Visit www.sfmohcd.org for program information.