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]
© Copyright 2024