BMR New Sale - 1288 Howard
Posting date |
** Updated 10/12/2022 – The application period started on 07/07/2022 at 8:00 AM PST and remains open as first come first served. **
Note: The applicant list generated from this first come, first served listing may be applied to any remaining BMR units in this project should one or more new units become available in the future. Once all the BMR units are sold, the first come, first served applicant list will no longer be valid for this project.
Original DAHLIA Posting Date: 11/15/2021 |
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Program |
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Type of unit |
Condo |
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Name of building |
1288 Howard |
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Address (including city/state/zip code) |
1288 Howard St. San Francisco, CA 94103 |
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Unit Numbers |
102, 106, 108, 118, 204, 416 |
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Number of bedrooms |
Three (3) studio units One (1) one-bedroom units Two (2) two-bedroom units |
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Number of bathrooms |
One (1) bathroom for studio and one-bedroom units. 2 bathrooms for 2-bedroom units. (See Unit Matrix below for details) |
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Square footage |
483 – 880 square feet |
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Year built |
2021 |
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Neighborhood Name |
South of Market |
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Supervisorial District |
6 |
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Sales Price (for each BMR unit) |
$339,333 - $463,635 without parking $376,190 - $514,763 with parking
Unit Matrix:
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Monthly Homeowner Association (HOA) Dues (for each BMR unit) |
Please see the unit matrix for the specific HOA dues for each unit listed above. Range is: $397.17 - $435.94 without parking $461.17 - $499.94 with parking
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What the HOA dues cover |
Property Insurance, Sewer, Common area utilities, janitorial and landscape maintenance, Refuse disposal, Front door host (Mon-Sun, 8am-5pm), Security Guard (7-day, 7pm-5am), Property management |
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Covenants, Conditions & Restrictions (“CC&R’s”) for the building |
To review the Covenants, Conditions & Restrictions for this building, please click here.
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Smoking Policy |
Smoking cigarettes, cigars or other tobacco smoke-producing products and smoking marijuana is prohibited within and in all areas outside the buildings located within fifty feet (50’) of building openings. Please refer to page 36 of the CC&R for more information |
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Pet Policy |
Up to two (2) pet dogs or two (2) domestic pet cats, or one (1) pet dog and one (1) domestic pet cat. Please refer to page 30 of the CC&R for more information. |
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Parking |
No Parking Space Parking spaces will be resold with the unit within the maximum resale price. |
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Area Median Income for Qualifying for Unit |
100% of Area Median Income (AMI) |
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Maximum Allowable Income Levels |
Maximum household income must not exceed the following amounts by household size:
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.
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Appliances |
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Amenities |
with fire pit and community steps, and landscaped alley |
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Date on which BMR unit(s) can be occupied by owner |
6/1/2022 |
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Other qualification notes |
All potential buyers must review the 2018 Inclusionary Affordable Housing Program Monitoring and Procedures Manual that governs this property. Buyers will sign an acknowledgement that they have read and understood this document when purchasing a BMR unit.
All adult household members who will be on the title of the BMR unit 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.
Applicants 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 Participating Lenders should explore these options with BMR buyers.
Households must be as many people (or more) as number of bedrooms in the unit to apply.
See other qualification rules in the City and County of San Francisco Inclusionary Affordable Housing Program Monitoring and Procedures Manual 2018. |
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Contact person (realtor/sales agent) |
For questions about the building and units: Josh Frizzell Phone: (415) 800-3886 Email: josh@1288howard.com
For questions about applications and program requirements: Homeownership SF Phone: (415) 202-5464 Email: info@homeownershipsf.org
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Company Name and Address (including city/state/zip code) |
For questions about the building and units: 1288 Howard Owner LLC 1288 Howard Street, San Francisco, CA 94103
For questions about applications and program requirements: Homeownership SF 275 Fifth Street Suite 314 San Francisco, CA 94103 |
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Office Hours (including any special message) |
For questions about the building and units: By Appointment Only, please contact the sales agent for assistance. |
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Phone |
For questions about building and units: 1288 Howard Sales Team: Phone: (415) 800-3886
For questions about applications and program requirements: Homeownership SF Phone: (415) 202-5464 |
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For questions about building and units:
For questions about applications and program requirements: |
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Website |
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Realtor commission |
Are buyers’ realtors eligible for commission on these BMR units? No |
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How to obtain an application |
Please contact HomeOwnershipSF or click here to download the application. |
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Applications – First Come, First Served |
The application period started on 07/07/2022 at 8:00 AM PST and remains open as first come first served. |
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How to submit Application for First Come First Serve |
Submit a complete electronic application with all required documents as a single PDF file via this secure link, 1288 Howard.
Instructions:
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. |
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Lottery date, time and location |
** The application period started on 07/07/2022 at 8:00 AM PST and remains open as first come first served. **
To view the lottery results, click here. To view the Dahlia listing, click here. |
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Important Program Rules |
All potential buyers must review the 2018 Inclusionary Affordable Housing Program Monitoring and Procedures Manual that governs this property. Buyers will sign an acknowledgement that they have read and understood this document when purchasing a BMR unit. |
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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. |
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Special note(s)
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1288 Howard’s location is conveniently connected to SOMA and Hayes Valley, the most vibrant and evolving parts of San Francisco. The project offers elevated, enduring and wellness-centric design with generous landscaped areas within and out of the building. The diverse nature of unit types is appealing to various lifestyle considerations. |