BMR Resale - 55 Page St Unit 218

Posting Date

** Updated 12/22/2020 - Listing has been cancelled.  The first come, first served application period is closed. **

 

Original Posting Date: September 1, 2020

Program

Inclusionary Housing Program

Type of Unit

Condominium

Building Name

The Hayes

Unit Address (including city/state/zip code)

55 Page Street # 218, San Francisco, CA 94102

Maximum

Asking Price

$337,200

Neighborhood

Hayes Valley

Supervisory District

District # 5

Number of Bedrooms

Studio

Number of Bathrooms

1

Square Footage

448

Floor Number

2nd Floor

Year Built

2008

Appliances Included in the Sale of the Unit 

Stove, Refrigerator, Dishwasher, Microwave, Garbage Disposal, and Washer/ Dryer

Building Amenities

Roof Deck, BBQ Area, and Gym

Parking Space Count

No Parking Space

Smoking Policy

Smoking is not allowed in any part of Association Property, including building walkways/corridors, fitness center, courtyard, residential balconies/decks and elevators. Please see CC&R's for the complete smoking policy.

Pet Policy

Each resident Unit may have a maximum of two (2) Dogs or two (2) Cats or a combination therefore but not to exceed a maximum of two (2). Please see CC&R's for the complete pet policy.

Monthly HOA Dues

$469

What the HOA Dues Cover

Water, Garbage, Exterior Bldg. Maintenance, Door Person, Homeowners Insurance, and 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

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 2020

Household Size

Maximum Income at 100% of AMI

1

$89,650

2

$102,500

3

$115,300

4

$128,100

5

$138,350

6

$148,600

7

$158,850

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

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)

Chris Jurach

License # 01864179

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

Redfin

One Montgomery St. #800

San Francisco, CA 94114

Office Hours (including any special message)

Monday to Sunday, 9:00 am to 6:00 pm

Please call, email, or text to schedule an individual appointment to view the unit.

Phone

415-806-4966

Email

Chris.jurach@redfin.com

Website

https://www.redfin.com/real-estate-agents/chris-jurach

How to Obtain an Application

Contact realtor or download from MOHCD website by clicking here

Applications – First Come, First Served

 

Listing has been cancelled. The first come, first served application period is closed.  

 

How to Submit a First Come, First Served Application

The first come, first served application period is closed.

 

Instructions: Compile the application form and all required documents into one PDF file, and name the PDF file “55 Page # 218 – Last Name, First Name” (Example, 123 Sample Street Unit A – Smith, John).

 

Changes to the application process due to COVID19. 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

** Updated 12/22/2020 – This listing has been cancelled. **

 

** This lottery list has been exhausted.  Applications are being accepted on a first come, first served basis starting 10/28/2020 at 8:00 AM PST**

To view the lottery results, click here.

To view the Dahlia listing, click here

Virtual Tour

To view the Virtual Tour, please click on this link.

Open Houses

Individual tours of the unit are available by appointment only.  Please contact Chris Jurach for assistance.

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.