Posting Date

** UPDATED 07/20/2022 – Lottery list has been exhausted.  Applications began on 5/8/2020 at 8:00 AM PST and remains open as first come first served. **

First Come, First Served Initial Posting Date: 05/01/2020

Initial Dahlia Posting Date: 11/14/2019

Program

Inclusionary Housing Program

Type of Unit

Condominium

Senior Housing Unit

At least one occupant must be 55+, but not necessarily the owner.

Building Name

901 Bayshore Blvd (“901-933 Bayshore”)

Unit Address (including city/state/zip code)

901 Bayshore Blvd, Unit 206,

San Francisco CA 94124

Maximum Asking Price

$240,449

Neighborhood

Bayview Hunter’s Point

Supervisory District

10

Number of Bedrooms

1

Number of Bathrooms

1

Square Footage

506

Floor Number

2nd

Year Built

2003

Appliances Included in the Sale of the Unit  

Gas Range, Hood Over Range, Refrigerator, Dishwasher, Microwave, Granite Counter

Building Amenities

Rec. Room and Coin Opearated Laundry Facility

Parking Space Count

No Parking Space

Smoking Policy

No Smoking.  Please refer to CC&R for complete smoking policy.

Pet Policy

1 Pet Domesticated bird, cat, dog, or other pet as agreed between the Association and the Owner; No pet weighing in excess of twenty-five (25) pounds.  Please refer to CC&R for complete pet policy.

Monthly HOA Dues

$374

What the HOA Dues Cover

Common Area Maintenance, Exterior Building Maintenance, Limited Insurance, Sewer, Roof Maintenance, Water, Garbage, Grounds Maintenance, Outside Management

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

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.

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)

Julia Lo

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

Beam Properties, Inc.

1124 Clement Street,

Office Hours (including any special message)

Monday to Friday

10 AM to 5PM

Phone

Email

Website

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 began on 5/8/2020 at 8:00 AM PST and remains open as first come first served. 

How to Submit an Electronic Application

Submit an electronic application via a ShareFile secure link 901 Bayshore Blvd.

Instructions: Compile the application form and all required documents into one PDF file, and name the PDF file “901 Bayshore Blvd– 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 at this time. 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 began on 05/08/2020 at 8:00 AM PST and remains open as first come first served. **

To view lottery results, click here.

Open Houses

Virtual & in-person tours will be scheduled by appointments ONLY.

Video recordings and 360 photos will be provided by request.

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.

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.