Property Overview:
Stage 1075 offers a Below Market Rate (BMR) studio unit in San Francisco, CA. The unit is in new condition and includes modern appliances such as a gas stove, dishwasher, and in-unit washer and dryer. Additional features include a storage locker and access to a common roof deck with BBQ and dog run.
Neighborhood Highlights:
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Prime Location:
- Close to Civic Center and Powell BART stations.
- Walking distance to Ikea, restaurants, theaters, shopping, and transportation.
- Major bus lines and the F line stop in front of the building.
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Parking Options:
- Leased parking available through private parties.
- Ride-share car available in the building.
Eligibility & Application Details:
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Below Market Rate (BMR) Housing Opportunity:
- Available at 120% Area Median Income (AMI).
- Maximum Income Limits:
- 1 person: $125,900.
- 2 people: $143,900.
- 3 people: $161,800.
- 4 people: $179,800.
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Requirements:
- Must be a first-time homebuyer (temporary waivers may apply).
- Income eligibility required.
- Subject to resale controls, monitoring, and other restrictions.
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Application Process:
- Listed on DAHLIA, the SF Housing Portal (www.housing.sfgov.org).
- Application, loan pre-approval, and homebuyer education verification due by 5/16/2024 at 5:00 PM.
- Temporary waivers may include removal of first-time buyer requirement and lower financing options.
Open House Schedule:
- April 30, 2024: 5-7 PM.
- May 5, 2024: 1-3 PM.
- May 8, 2024: 5-7 PM.
Property Features:
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Studio Unit:
- Includes a storage locker.
- Newer appliances: Gas stove, dishwasher, in-unit washer and dryer.
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Building Amenities:
- Common roof deck with BBQ and dog run.
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Transportation:
- Convenient access to BART, bus lines, and F line.
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Nearby Attractions:
- Walking distance to Ikea, restaurants, theaters, and shopping.