Why homeownership?

Buying a home always requires more preparation than renting. But it can be a good choice for some residents.


Buying a home through our affordable homebuyer program might be right for you if:

1. You want more stability

Unlike the affordable rental program, you can still live in your unit if your income increases. Your income-eligibility is only determined when you buy the home.

2. You want more control over your property

When you own your home, you don’t have a landlord who limits what you can do. You’ll likely have an HOA, but as a homeowner, you can have influence on the HOA board.

3. You've never owned a home before

MOHCD’s homebuyer programs are only for first-time homebuyers. (Defined as not having owned any property in 3 years.)

4. You're an SFUSD educator or first-responder

MOHCD has special downpayment loan programs just for educators and first-responders.


Buying a home may not be for you right now if:

1. You don't have time

From start to finish, the process may take months. It also requires working closely with a housing counselor, a MOHCD-approved lender, and a realtor.

2. You don't have savings

You should have some of your own funds available for downpayment and closing, to apply for MOHCD programs.


Buying a home using MOHCD’s programs is not right for you if:

1. You want an investment

Our programs are meant to help people live in San Francisco. The below-market rate units, in particular, have limited resale value.

2. You want to rent out the property

You are not allowed to rent out a unit you bought through MOHCD’s homebuyer programs.