Posting Date

** Updated 07/20/2022, the lottery list has been exhausted. The application period started on August 19, 2021 at 8:00 AM PDT and remains open as first come first served. **

Initial First Come First Served Posting Date: August 12, 2021

Original Dahlia Posting Date: April 26, 2021

Program

Inclusionary Housing Program

Type of Unit

Condominium

Building Name

888 7th St.

Unit Address (including city/state/zip code)

888 7^th Street, Unit 304

San Francisco, CA 94107

Maximum Asking Price

$376,391

Neighborhood

Mission Bay

Supervisory District

District 10

Number of Bedrooms

1 bedroom

Number of Bathrooms

1 bathroom

Square Footage

535 sq. ft.

Floor Number

3rd floor

Year Built

2007

Appliances Included in the Sale of the Unit 

Dishwasher, Microwave, Stove/Oven

Building Amenities

Greenbelt, game room, community room

Parking Space Count

1 parking space (#164)

Smoking Policy

No Smoking in Common Areas. Please see CC&R for a complete smoking policy.

Pet Policy

Each unit is permitted no more than 2 normal and customary household domesticated pets as defined in the CC&R.  Please see the CC&R for the complete pet policy.

Monthly HOA Dues

$385

What the HOA Dues Cover

Maintenance, garbage, management, master insurance, water, and parking.

Covenants, Conditions & Restrictions (“CC&R’s”) for the building

To review the Covenants, Conditions & Restrictions for this building, please click here.

Income Level of Applicants

Applicants must make no more than the following amounts per household:

100% of Maximum Income by Household Size derived from the Unadjusted Area Median Income (AMI) for HUD Metro Fair Market Rent Area (HMFA) that contains San Francisco 2022

(Households must be at least as many people as bedrooms in the unit. Please visit www.sfmohcd.org for larger households.)

Note: Changes in AMI - MOHCD will use the income limit from the current year's AMI chart to determine eligibility for an applicant.

Other Qualification Notes

All titleholders/borrowers must complete first-time homebuyer education through one of the City’s 5 approved first-time homebuyer counseling agencies and obtain a Verification of Homebuyer Education Completion form in order to apply. Please visit https://homeownershipsf.org/homebuyers for a schedule of upcoming program orientations and workshops. 

All titleholders/borrowers must obtain a loan pre-approval from one of the approved participating lenders listed at https://sfmohcd.org/lender-list to apply.

A copy of the First Mortgage Pre-Approval and Verification of Homebuyer Education must be included with the BMR Lottery Application.

Applicants with financial needs are encouraged to apply for down payment assistance. All MOHCD-Approved Lenders should explore down payment and grant options with BMR buyers. Households must be as many people (or more) as number of bedrooms in the unit to apply. 

Contact Person (Realtor/Sales Agent)

Stephanie Okabe Mates

License #01953347

Company Name and Address (including city/state/zip code)

Sequoia Real Estate

3595 Balboa St.

San Francisco, CA 94121

Office Hours (including any special message)

Monday to Friday, 10:00 AM to 5:00 PM

Please call, email, or text to schedule an appointment.

Phone

415-570-9176

Email

stephanie@sequoia-re.com

Website

http://www.888-7th-304.com

How to Obtain an Application

Contact realtor or download from MOHCD website by clicking here

Applications:

First Come, First Served

** Lottery List has been exhausted. The application period started on August 19, 2021 at 8:00 AM PDT and remains open as first come first served. **

How to Submit a First Come, First Served Application

Submit a complete electronic application package via this ShareFile secure link, 888 7^th St # 304.

Instructions: Compile the application form and all required documents into one PDF file, and name the PDF file “888 7^th St #304 – Last Name, First Name” (Example, 123 Sample Street Unit A – Smith, John).

Changes to the application process due to COVID‐19. We are not accepting paper applications for now. If you need help to submit an application electronically, you can contact a housing counselor.  For a list of housing counselors, click here.

Lottery Date, Time and Location

** This lottery list has been exhausted.  The application period started on August 19, 2021 at 8:00 AM PDT and remains open as first come first served. **

To view the lottery results, click here.

To view the Dahlia listing, click here.

Virtual Tour

To view the Virtual Tour, please click here.

Important Program Rules

All potential buyers must review the 2018 Inclusionary Affordable Housing Program Monitoring and Procedures Manual that govern this property. Buyers will sign an acknowledgement that they have read and understood this document when purchasing a BMR unit.

Resale Price Restrictions

When you sell a BMR unit, it will be resold at a restricted price that is affordable to the next qualified household. The household you sell to must meet the first‐time homebuyer, income and other qualifications for the program. Please review the 2018 Inclusionary Affordable Housing Program Monitoring and Procedures Manual for specific information.