BMR Resale - 1 Crescent Way, Unit 1214

Posting Date

June 1, 2018   *Lottery Rank Results - updated June 25, 2018*



Below Market Rate Inclusionary Housing Program (Click here for program information)

Type of Unit

Condominium Unit

Unit Address (including city/state/zip code)

1 Crescent Way, Unit 1214, SF, CA 94134

Selling Price


Neighborhood and Map


Number of Bedrooms


Number of Bathrooms


Square Footage


Year Built


Appliances Included in the Sale of the Unit

Dishwasher, microwave, range

Building Amenities

Elevator, interior green space, 24hr security gate, gym, bbq



Monthly HOA Homeowner Dues


What the HOA Dues Cover

Water, garbage, exterior maintenance

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


120% of Unadjusted Area Median Income (AMI) for HUD Metro Fair Market Rent Area (HMFA) that contains San Francisco 2018


Household Size Maximum Income at 120% of AMI

1          $99,500

2          $113,650

3          $127,850

4          $142,100

5          $153,400

6          $164,800

7          $176,150

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

Other Qualification Notes

Applicants must secure a loan preapproval and a final loan through a MOHCD Participating Lender who have an “X” marked under BMR.


All titleholders/borrowers must complete a first-time homebuyer workshop through one of the City’s 5 approved first-time homebuyer counseling agencies in order to apply. Please visit workshops for a schedule of upcoming classes.


Verification of Homebuyer Education Completion or Certificate of Homebuyer Education from a MOHCD approved first-time homebuyer workshop is required. Verification of Homebuyer Education Completion is valid for 1 year from the date of issuance.


A copy of the mortgage loan pre-approval and homebuyer counseling certificate for every adult household member on loan and title to the BMR unit must be included with the BMR application.


Applicants are encouraged to apply for down payment assistance. All MOHCD Participating 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.

See other qualification rules in the City and County of San Francisco Inclusionary Affordable Housing Program Monitoring and Procedures Manual 2013.

Contact Person (Realtor/ Sales Agent)

Jessie Lee, Paragon Real Estate Group




Website or

How to Obtain an Application

Contact realtor or download from MOHCD website by clicking here.

Application deadline

June 19, 2018, 5pm

Note: Applications must be received in the sales office by 5pm on the day of the application deadline.

Sale Office Hours: 9:00AM - 5:00PM


Address to which application should be mailed or delivered

Office: Paragon Real Estate Group Realtor Name: Jessie Lee Address: 1400 Van Ness Ave

City/State/Zip Code: San Francisco, CA 94109 Attn: BMR Unit(s)

For Delivery, Office Hours are: 9-5PM

Lottery Date, Time and Location

Lottery Rank Listing, PDF icon1 Crescent Way, Unit 1214 - Final Rank 6.25.18.pdf

Date: June 25, 2018

Time: 3pm


Mayor’s Office of Housing and Community Development

1 South Van Ness Avenue, 5th Floor

SF, CA 94103


Lottery preferences

All individuals and households may enter the lottery for a BMR unit.


However, those households in which one member holds a Certificate of Preference (COP) from the former San Francisco Redevelopment Agency will be given highest preference in the lottery ranking process. More information about the COP Program can be found here:


Households in which one member holds a Displaced Tenant Housing Preference (DTHP) Certificate from the Mayor’s Office of Housing and Community Development will be given second highest preference in the lottery ranking process, for up to 20% of the units in projects with at least 5 affordable units. DTHP certificate holders will also be included in the live/work preference regardless of their current live/work location. More information about the DTHP Program can be found here:


Households that submit acceptable documentation that at least one member lives or works in San Francisco will be given the third highest preference in the lottery ranking process.


If the number of units available exceeds the number of qualified applicants in the above listed preference, the units will become available to other qualified applicants outside of San Francisco. Applicants in each preference category must meet program requirements in order to complete the sale or rental.


For more information about the lottery process and housing preferences, please refer to the MOHCD Housing Preferences and Lottery Procedures Manual.

Open Houses

June 9 & 10 – 1pm to 3pm

June 14  -  6-7pm

June 16 & 17 -  1pm to 3pm


Special Note(s)

View this unit on the public Multiple Listing Service

Procedures Manual

All potential buyers must review the Inclusionary Housing Procedures Manual that governs this property.

Re-pricing Mechanism

A BMR unit will be resold at a restricted price to a household that meets the first-time homebuyer and income qualifications for the program. Upon resale, the unit will be repriced based on the change in median income over time.

Please review Guidelines for Re-pricing BMR Units for specific information.