AFFORDABLE HOMES FOR SALE IN SAN

4 Studios, 52 One-bedroom, 94 Two-bedroom, 17 Three-bedroom “Below Market Rate”
ownership homes available at 1400 Mission St., San Francisco, CA 94103
AFFORDABLE HOMES FOR SALE IN SAN FRANCISCO
NEW HOMES WITH MODERN DESIGN + AMENITIES
STUDIO HOMES
from $225,105 without parking
from $300,151 without parking
T WO-BEDROOM HOMES
ONE-BEDROOM HOMES
THREE-BEDROOM HOMES
from $268,117 without parking
from $327,254 without parking
H O W T O A P P LY
First, please go to H OMEOW N E R S H I P S F.O RG / WO R KS H O P S - L I ST for a complete list of housing agency homeownership class schedules and to sign up for a class.
Next, obtain a loan pre-approval from one of the SF MOHCD approved lenders listed on their website. Then, download your application with instructions by visiting
140 0 MISSIONSF.COM or H OM E OW N E R S H I P S F.O RG .
Buyer households must earn no more than the income levels listed below:
AFFO RDA BLE (100% of median)
1 person
2 person
3 person
4 person
5 person
$71,350
$81,500
$91,700
$101,900
$110,050
Complete applications must be received during one of the application workshops
at the following locations by J U LY 1 6 , 2 0 1 5 , AT 5 : 0 0 P M :
CCC O F SF
M E DA
S F LGBT
Keyvan Eliasieh
595 Market St., 15th Floor
San Francisco, CA 94105
(415) 788-0288 x516
Mario Chavarria
2301 Mission St. #310
San Francisco, CA 94110
(415) 282-3334 x101
Sophie Lewis
1800 Market St.
San Francisco, CA 94102
(415) 865-5655
ASIAN IN C
SF HDC
Main Office
1167 Mission St., 4th Floor
San Francisco, CA 94103
(415) 928-5910
Tikila McDavid
4439 Third St.
San Francisco, CA 94124
(415) 822-1022
Lottery drawing date is TUE S DAY, J ULY 2 8, 2 01 5, 2 :00 PM at the LGBT Center,
Ceremonial Room, 1800 Market St., San Francisco, CA 94103.
Homes are monitored through the San Francisco Mayor’s Office of
Housing and Community Development and are subject to monitoring
and other restrictions. Contact Homeownership SF at (415) 202-5464
or [email protected] for more information. Please visit
S FM OHC D.ORG for program information.
Applicants for 1400 Mission Street must obtain a loan pre-approval from one
of the lenders listed on the SF MOHCD website in order to apply.
All applicants are encouraged to apply. Lottery preference will be given
to Certificate of Preference holders and Ellis Act evicted households*,
and households that live or work in San Francisco.
*Certificate of Preference holders are primarily households displaced in Redevelopment Project Areas during
the 1960’s and 1970’s, but may also include other persons displaced by Agency action or as provided through
City Ordinance. Contact (415) 701-5613 for more information. Ellis Housing Act Preference Holders are longterm tenants who were evicted because of The Ellis Act as defined ordinance passed into law Dec, 18, 2013.
PRICING
bedroom count
bath count
†square feet from:
†hoa dues range
prices without parking starting from:
ST U D IO
One Bath
631 – 649
$335 – $338.75
$225,105 – $225,749
O N E BED ROOM
One Bath
631 – 655
$335 – $340
$268,117 – $268,976
T WO BED ROOM
Tw o B a t h s
904 – 943
$391 – $406
$300,151 – $302,659
T H REE BED ROOM
Tw o B a t h s
1,415 – 1,424
$498 – $501
$327,254 – $327,577
†approximations
O P E N H O U S E D AT E S
THUR SDAY, J U N E 1 8 , 20 15, 4: 3 0 P M – 7: 0 0 P M
I N F O R M AT I O N AL M E E TIN G:
SAT UR DAY, J U N E 27, 20 15, 10 : 0 0 AM – 2 : 0 0 P M
T U E S DAY, J UN E 9, 2 01 5, 6:00 PM – 7:3 0 PM
SUNDAY, J U N E 28 , 20 1 5, 10 :00 AM – 2 : 0 0 P M
WEDNES DAY, J U LY 1, 20 15, 4: 3 0 P M – 7: 0 0 P M
Open Houses to be held at 1400 Mission Street
San Francisco Main Library, The Latino Room
100 Larkin Street
San Francisco, CA 94102
The floor plans, elevations, renderings, features, finishes and specifications are subject to change at any time and should not be relied on as representations,
express or implied. Square footage or floor areas shown in any marketing or other materials is approximate and may be more or less than the actual size.
Real Estate Consulting, Sales and Marketing by Polaris Pacific – a licensed California, Washington, Oregon and Colorado Broker – CA BRE #01499250.
MAYOR’S OFFICE OF HOUSING & COMMUNITY DEVELOPMENT
CITY AND COUNTY OF SAN FRANCISCO
EDWIN M. LEE
MAYOR
OLSON LEE
DIRECTOR
BELOW MARKET RATE (BMR) HOMEOWNERSHIP HOUSING PROGRAM
APPLICATION FORM
PAGE 1 OF 6
Please be advised that incomplete applications will not be accepted.
BMR applications must be submitted with all required attachments.
Date:
Household Last Name:
BMR unit address:
Street:
Unit:
Zip:
A. Print legal names as they will appear on the mortgage loan and title (HH # = Household Member
Number):
HH #
1
Name
Gender
Occupation:
Race Ethnicity:
2
Name:
Gender
Occupation:
Race Ethnicity:
Relation to Household Member #1
3
Name:
Gender
Occupation:
Race Ethnicity:
Relation to Household Member #1
Add a separate page if more lines are needed. All household members 18 years or older who are not
declared as dependents on another household member’s federal income tax return must be on the
mortgage loan and title).
B. Dependents (as declared in the applicant’s federal income tax returns as dependents):
HH #
4
Name
Occupation:
Race or Ethnicity:
5
Name:
Occupation:
Race or Ethnicity:
6
Name:
Occupation:
Race or Ethnicity:
C. Total household size including dependents:
D. Applicant Address:
Street:
City:
Home Phone:
Email:
State:
Work Phone:
Unit:
Zip:
Cell:
E. Does one household member live or work in San Francisco? Yes or No:
Name:
F. Does one household member hold a Certificate of Preference? Yes/No:
Name:
Certificate of Preference holders are primarily households displaced by Agency action in Redevelopment
Project Areas during the 1960’s and 1970's, but may also include other persons displaced by Agency
action. Please call 415-701-5613 to determine if you hold a Certificate.
G. Does one household member hold an Ellis Act Preference Certificate? Yes/No:
Name:
Ellis Act Housing Preference holders are primarily households displaced by Ellis Act evictions as defined
by The Ellis Act Displacement Emergency Assistance Ordinance passed into law on December 18, 2013.
Please call 701-5613 to determine if you hold a Certificate.
1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501
Form created by Rey Javier [email protected]
BELOW MARKET RATE HOUSING PROGRAM
APPLICATION FORM
PAGE 2 OF 6
Household Name:
Date:
H. Financial Information, Part I: You must complete and submit pages 1-5 of this application. You must
list all jobs, and accounts.
I.
Financial Information, Part II: You must include copies of the following documents for each household
member 18 years old or older. Please use check-boxes below for more guidance. If any form is
missing your application may be disqualified.
Complete set of past three (3) years Federal Income Tax Returns (signed & dated), include all
schedules, if any. If Federal Income Tax form is missing, contact the IRS. If applicant is not
required to file income tax, use the attached Income Tax Affidavit form and attach all supporting
documents stated on the affidavit.
Complete set of past three (3) years W-2 forms.
employer or the IRS.
If any W-2 form is missing, contact your
Three (3) most recent and consecutive paystubs. If paystubs are missing, contact your employer.
If you are unemployed, complete the attached Unemployed Affidavit form.
Three (3) most recent and consecutive statements (include all pages) from each savings,
checking or any other type of account in which money is saved. Contact your bank if any
bank statements are missing.
Verification of Homebuyer Education or a Certificate of Homebuyer Education from a MOHCD
approved first-time homebuyer workshop for all titleholders/borrowers. Contact one of the five
housing counseling agencies listed on www.homeownershipsf.org if you do not yet have a
certificate.
Lender Pre-Approval Letter from a MOHCD approved lender. If you need a mortgage loan preapproval letter, contact a participating mortgage lender listed on www.sfmohcd.org.
Proof that one household member lives or works in San Francisco (if you are applying
under this preference)
Proof that one household member holds a Certificate of Preference or Ellis Act Housing
Preference (if you are applying under either preference)
You must complete this form as a part of your application. See application instructions for more
information and examples.
“HH #” = Household Member Number
PART II: EMPLOYMENT (Please write “unemployed” under “Name of Employer” for unemployed HH members)
HH #
Name of Employer
City
First Day of
SelfEstimated
Employment
Employed? Annual Income
(mm/dd/yyyy)
(Yes/No)
1
2
3
4
5
6
PART III: GROSS ANNUAL INCOME
HH #
Wages
Social Security/Pensions
Received Annually
Public Assistance
Received Annually
Other Income Received
Annually
1
2
3
4
5
6
Totals
$
(a) $
(b) $
TOTAL GROSS ANNUAL INCOME Add (a) through (d)
(c) $
(d)
$
(e)
1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501
Form created by Rey Javier [email protected]
BELOW MARKET RATE HOUSING PROGRAM
APPLICATION FORM
PAGE 3 OF 6
Household Name:
You must complete this form as a part of your application.
PART IV: INCOME FROM ASSETS
Important: You must list every cash account that lists the household member as an account holder. Asset accounts can
include, but are not limited to, checking accounts, savings accounts, Certificates of Deposit, Mutual Funds, stocks,
bonds, trust funds, limited liability investments, gifts for down payment or other costs, retirement accounts, and any
other account in which money is saved. If money is not saved in an institution (e.g. it is saved at home), applicants
must list this amount, as well. Do not include material assets such as cars, boats, etc. -- only cash assets.
You must also list all joint accounts, custodial accounts for minors, and other accounts on which the household
member’s name appears. Failure to list all accounts will disqualify your household from applying for the BMR unit.
All money used toward down payment and closing costs is counted as an asset and should be included.
Retirement money will not be counted toward the asset test and should not be listed below. However, applicant must
include at least the most recent statement from each retirement account as an attachment in your application for
verification. Attach additional sheets if necessary.
HH #
Name of Institution
Type of Asset
Current Cash Value of Asset
(bank name, etc.)
(e.g: bank account, savings account, CD,
mutual fund, trust fund, gift, etc.)
$
Date:
Total Household Liquid Assets (do not include retirement)
HH #
Name of Institution:
$
$
$
$
$
$
RETIREMENT ACCOUNTS:
Type of Asset
(401K, 403B, IRA, etc. Specify)
Current Value:
$
$
$
$
Total Household Retirement Accounts:
$
$
$
YOU MUST ATTACH 3 CONSECUTIVE STATEMENTS FOR EACH ASSET LISTED ABOVE AND SIGN
BELOW. THIS IS A LEGAL DOCUMENT.
PART V: HOUSEHOLD CERTIFICATION & SIGNATURES – MUST COMPLETE
All statements made in this application are true and made for the purpose of applying for an inclusionary affordable
housing program below market rate unit, through the City and County of San Francisco. Verification may be obtained
from any source named in this application. I/we fully understand the City may terminate your participation in the Program at
any time if it finds that you have provided false, misleading or inaccurate information.
The information on this form will be used to determine income eligibility. I/we have listed in Part I all persons in my/our
household. I/we have provided for each person(s) set forth in Part II and III acceptable verification of current annual
income. I have also disclosed ALL assets held by each person listed in Part I, and have provided documentation
thereof. Under penalties of perjury, I/we certify that the information presented in this Certification is true and accurate to
the best of my/our knowledge and belief. The undersigned further understands that providing false representations
herein constitutes an act of fraud. False, misleading or incomplete information may result in the termination of
application review and the Ownership Agreement.
Public Records Act: The City and County of San Francisco is subject to the requirements of California Public Records
Act, Government Code Section 6250, et seq. The Public Records Act provides that virtually all documents held or used
by the City in the course of conducting the public’s business are public records which the City, subject to certain limited
exemptions, must make available for inspection and copying by the public. Applications for loans or grants from the City
are public records as are the completed loan and grant documents. Under Section 67.24(e) of San Francisco
Administrative Code, applications for financing and all other records of communications between the City and the
Borrower must be open to public inspection immediately after a contract has been awarded. All information provided by
Borrower which is covered by that ordinance (as it may be amended) will be made available to the public upon
appropriate request.
1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501
Form created by Rey Javier [email protected]
Must be signed by all applicants 18 years or older.
Applicant’s Signature
Applicant’s Printed Name
Date
Applicant’s Signature
Applicant’s Printed Name
Date
Applicant’s Signature
Applicant’s Printed Name
Date
1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501
Form created by Rey Javier [email protected]
BELOW MARKET RATE HOUSING PROGRAM
APPLICATION FORM
REQUIRED DOCUMENTS CHECKLIST
PLEASE NOTE THAT INCOMPLETE APPLICATIONS WILL NOT BE ENTERED INTO THE LOTTERY FOR THE UNITS.
Must complete one form for each member of household age 18 or older
HOUSEHOLD LAST NAME: _________________________
#1
#2
#3
#4
Verifier Initials
(sales agent
only)
1. Completed, signed and dated BMR application form. (Pages 1-x of this
document.) (One for the entire household.)
2. Signed and dated copies of last three years of Federal Income Tax Returns
(IRS Form 1040 or 1040EZ or 1040A form ONLY)
Include all SCHEDULES or attachments
Include all W-2 form(s)
OR – If applicable, complete attached Income Tax Affidavit form, have it
notarized and submit with supporting documents as specified in the form.
3. Copies of 3 most recent and most consecutive paystubs and/or income
statements.
OR – If applicable, complete the attached Unemployed Affidavit form, and have
it notarized. (Form is not necessary if receiving any form of income that should
be noted in the application, such as unemployment income or government
assistance.)
OR – If applicable, complete the attached Self-employed Affidavit form and have
it notarized. Must be submitted with most recent and current Profit and Loss
statement.
OR – Employment offer letter if less than 3 weeks from date of hire.
4. Copies of 3 most recent and most consecutive bank or asset statements from all
bank or other cash asset accounts. Must be official statements. All pages must
be included. Include one statement for each retirement account, as well.
5. Copy of mortgage loan pre-approval letter from a participating lender listed on
the MOHCD website (www.sfmohcd.org).
Name of Lender:____________________ Date:________
6. Verification of Homebuyer Education or Certificate of Homebuyer Education
from a MOHCD approved first-time homebuyer workshop for all
titleholders/borrowers.
Name of Agency: ___________________ Date: ____________________
7. Proof that one household member lives or works in San Francisco (if you are
applying under this preference)
Name of HH Member:___________ Document included: ____________
Check one please
For a Live Preference provide a current utility bill, current pay stubs,
or current lease with SF address
For a Work Preference provide current pay stubs with SF address
8. Certificate of Preference from the former San Francisco Redevelopment Agency
or Ellis Act Housing Preference Certificate (if you are applying under either
preference). Name of HH Member:___________ Certificate Number: _______
9. Resale BMR Units Only -- A complete San Francisco Purchase Agreement.
This section does not apply to new BMR units.
1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501
Form created by Rey Javier [email protected]
BELOW MARKET RATE HOUSING PROGRAM
APPLICATION FORM
HOMEOWNERSHIP COUNSELING CONSENT FORM
The Mayor’s Office of Housing and Community Development requires every adult household member
applying for a City-administered homeownership assistance program, in connection with the purchase of
a residential unit, to:
1. Attend Pre-Purchase Homeownership workshop(s) for a cumulative minimum of 6 hours.
2. Meet with a counselor, from one of the City’s participating, non-profit housing counseling agencies,
to receive a one-on-one counseling session. (Please visit www.homeownershipsf.org for current
list of approved housing counseling agencies.)
3. Receive a Verification of Homebuyer Education or a Certificate of Homebuyer Education once
requirements 1 and 2 noted above are completed.
I/We understand the homebuyer education requirement is in place to ensure first-time homebuyers are
educated about the eligibility criteria and policies of the various City-administered homeownership
assistance programs AND:
•
•
•
Assessing readiness to buy a home
Financing a home
Maintaining a home and finances
•
•
•
Budgeting and credit
Selecting a home
Home-buying process
I/We understand and authorize the Mayor’s Office of Housing and Community Development, its
participating nonprofit housing counseling agencies and HomeownershipSF to exchange information
about my application, including information about my/our final settlement statement, which shall be used
for statistical information or funder reports only.
I/We agree to be contacted by HomeownershipSF and/or its member, non-profit housing
counseling agencies for additional services including post purchase counseling which includes budgeting,
home maintenance and foreclosure prevention topics. I/We agree to be contacted by HomeownershipSF
and/or its member, non-profit housing counseling agencies for referral/counseling services in case of any
financial hardship or loan default.
Name as it will appear on Title:
Street No.
Signature(s):
Property to be purchased: (Enter N/A if not yet identified)
Street Name:
Unit No.:
San Francisco, CA
Date:
Zip code:
San Francisco, CA
1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501
Form created by Rey Javier [email protected]
MAYOR’S OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT
CITY AND COUNTY OF SAN FRANCISCO
INCOME TAX AFFIDAVIT
Complete this form only if you were not required by law to file Federal Income Tax returns for any
year during the preceding three years. Disregard if inapplicable.)
1.
I (We) the undersigned, being first duly sworn, state the following:
2.
I (We) (name here)_____________________________hereby certify that I (we) was (were) not required
by law to file a Federal Income Tax Return for the following year(s) __________________________for
the reason(s) below:
In the case of ownership applications ONLY, affidavit must be accompanied with documented
proof that the applicant was a renter during the specified period, e.g. copy of the lease, letter from
the landlord or manager, canceled checks or rent receipts.
In the case of ownership AND rental applications:
If the applicant was a student, affidavit must be accompanied by a copy of the transcripts or
diploma to support the status of the applicant for that period of time.
3.
I (We) acknowledge and understand that this Affidavit will be relied upon for purposes of determining my
(our) household’s eligibility for a restricted unit under the San Francisco Inclusionary Affordable Housing
Program. I (We) acknowledge that a material misstatement fraudulently or negligently made in this
affidavit or in any other statement made by me (us) in connection with an application for a restricted
price/rent unit may constitute a federal violation punishable by a fine and/or denial of my (our) application
for purchase/rental of this restricted price unit.
Dated: ____________________________
Subscribed and sworn to before me this
__________________________________
Signature of Applicant
day of
, 201__.
STATE OF CALIFORNIA
Before me personally appeared, _________________ who acknowledged to me that he/she/they
executed the foregoing instrument this _____ day of __________.
(NOTARIAL SEAL) Notary Public
(rev. 102512)
FORM MUST BE NOTARIZED
1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501
Form created by Rey Javier [email protected]
MAYOR’S OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT
CITY AND COUNTY OF SAN FRANCISCO
SELF-EMPLOYED AFFIDAVIT
Before me this ______ day of ___________, ______, personally appeared _______________________,
who, being duly sworn, deposes and says:
I am currently self-employed and am submitting to the Mayor’s Office of Housing and Community
Development for the purpose of applying for the San Francisco Inclusionary Affordable Housing Program
a Profit and Loss Statement from the most recent quarter that is a true and accurate reflection of my
income.
I have been self-employed from the following month and year forward: ______ / ______
This affidavit must be accompanied by a signed and dated Profit and Loss Statement that reflects
the most recent quarter. The Profit and Loss Statement must be modeled on Schedule C of the
most currently available federal tax form.
__________________________________
Name of Applicant
__________________________________
Signature of Applicant
Subscribed and sworn to before me this
day of
, 201__.
STATE OF CALIFORNIA
Before me personally appeared, _________________ who acknowledged to me that he/she/they
executed the foregoing instrument this _____ day of __________.
(NOTARIAL SEAL) Notary Public
FORM MUST BE NOTARIZED
1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501
Form created by Rey Javier [email protected]
MAYOR’S OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT
CITY AND COUNTY OF SAN FRANCISCO
UNEMPLOYED AFFIDAVIT
Before me this ______ day of ___________, ______, personally appeared _______________________,
who, being duly sworn, deposes and says:
I (name here)_____________________________________am not presently employed, not currently
receiving any income, and will not file for unemployment benefits in 201____ (current calendar year).
I (We) acknowledge and understand that this Affidavit will be relied upon for purposes of determining my
(our) eligibility for purchase/rental of a restricted unit under the San Francisco Inclusionary Affordable
Housing Program. I (We) acknowledge that a material misstatement fraudulently or negligently made in
this affidavit or in any other statement made by me (us) in connection with an application for
purchase/rental of the restricted unit under the San Francisco Inclusionary Affordable Housing Program
may constitute a federal violation punishable by a fine and/or denial of my (our) application for the unit.
__________________________________
Signature of Applicant
STATE OF CALIFORNIA
Before me personally appeared, _________________ who acknowledged to me that he/she/they
executed the foregoing instrument this _____ day of __________.
(NOTARIAL SEAL) Notary Public
FORM MUST BE NOTARIZED
1 South Van Ness Avenue, 5th Floor, San Francisco, CA 94103 – Phone: (415) 701-5500 – Fax: (415) 701-5501
Form created by Rey Javier [email protected]