BMR Resale - 1235 McAllister Street Unit 112
Posting Date |
** Updated 7/20/2022, the lottery list has been exhausted. Applications are being accepted on a first come, first served basis starting on July 22, 2022 at 8:00 AM PST. Any applications uploaded before 8:00 AM PST on 07/22/2022 will be automatically deleted. **
Initial Posting Date on DAHLIA: 04/26/2022 |
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Program |
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Type of Unit |
Condominium |
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Building Name |
McAllister Mews |
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Unit Address (including city/state/zip code) |
1235 McAllister Street, Unit 112 San Francisco, CA 94115 |
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Maximum Asking Price |
$439,995 |
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Neighborhood |
Western Addition |
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Supervisory District |
5 |
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Number of Bedrooms |
1 |
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Number of Bathrooms |
1 |
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Square Footage |
659 |
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Floor Number |
1 |
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Year Built |
2000 |
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Appliances Included in the Sale of the Unit |
Dishwasher, Microwave, Electric Range Stove, Refrigerator and Washer/Dryer Hookups Only. |
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Building Amenities |
Courtyard |
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Parking Space Count |
No Parking Space |
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Smoking Policy |
No smoking. Please see the CC&R for the complete smoking policy. |
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Pet Policy |
No more than 2 ordinary household pets. Please see the CC&R for the complete pet policy. |
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Monthly HOA Dues |
$423 |
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What the HOA Dues Cover |
Management, Trash, Maintenance Grounds, Water |
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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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Income Level of Applicants |
120% 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 https://sfmohcd.org/ami-levels-homeownership 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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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. |
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Contact Person (Realtor/Sales Agent) |
Curt Decker DRE# 02115721 |
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Company Name and Address (including city/state/zip code) |
Vanguard Properties 199 New Montgomery St., Suite F San Francisco, CA 94105 |
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Office Hours (including any special message) |
Monday to Friday, 10:00 am to 5:00 pm Please call, email, or text for more information or to schedule an appointment. |
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Phone |
(415) 964-7314 |
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curt@vanguardsf.com | ||||||||||||||||
Website |
https://vanguardproperties.com/agent-1100209-Curt-Decker.php |
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How to obtain an application: |
Contact the Listing Agent, Curt Decker, or download from MOHCD’s website by clicking here. |
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Applications: First Come, First Served |
Lottery List has been exhausted. Applications are being accepted on a first come, first served basis starting July 22, 2022 at 8:00 AM PST. Any applications submitted before 8:00 AM PST, July 22, 2022 will be automatically deleted. |
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How to Submit a First Come, First Served Application |
Submit a complete electronic application package via this Share-File secure link, 1235 McAllister #112.
Instructions: Compile the application form and all required documents into one PDF file, and name the PDF file “1235 McAllister #112 – Last Name, First Name” (Example, 123 Sample Street Unit A – Smith, John).
Changes to the application process due to COVID‐19. We are not ac-cepting paper applications for now. If you need help to submit an appli-cation electronically, you can contact a housing counselor. For a list of housing counselors, click here. |
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Lottery Date, Time and Location |
** This lottery list has been exhausted. Applications are being accepted on a first come, first served basis starting on July 22, 2022 at 8:00 AM PST. Any applications submitted before 8:00 AM PST on July 22, 2022 will be automatically deleted. **
To view the lottery results, click here. To view the Dahlia listing, click here. |
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Open Houses |
Individual viewings may be available by appointment only. Please contact the Listing Agent, Curt Decker, for assistance. |
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Important Program Rules |
All potential buyers must review the 2018 Inclusionary Affordable Housing Program Monitoring and Procedures Manual and Limited Equity Program Loan Disclosure Book 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 Limited Equity Program Loan Disclosure Book and 2018 Inclusionary Affordable Housing Program Monitoring and Procedures Manual for specific information. |