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| 2005 PURCHASE PRICE LIMITS |
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| SAN FRANCISCO CONDOMINIUM CONVERSION PROGRAM |
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| (Subdivision Code Section 1341.1385) |
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| MAXIMUM PURCHASE PRICE BY UNIT TYPE |
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| Income Definition: | STUDIO | 1 BDRM | 2 BDRM | 3 BDRM | 4 BDRM | 5 BDRM |
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| 80% OF MEDIAN | $133,000 | $152,000 | $171,000 | $190,000 | $205,250 | $220,400 |
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| 120% OF MEDIAN | $199,500 | $228,000 | $256,500 | $285,000 | $307,750 | $330,650 |
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| Round up |
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| Calculation Method: | Purchase price is calculated by multiplying annual income by 2.5 and |
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| rounding to the nearest $50. |
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| Source: U.S. Dept. of Housing and Urban Development, effective 2/10/2005 |
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| rev: 2/11/2005 |
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