Posting Date

** Updated 11/14/2022, the lottery list has been exhausted.  Applications are being accepted on a first come, first served basis starting on November 21, 2022, at 8:00 AM PST.  Any applications uploaded before 8:00 AM PST on 11/21/2022 will be automatically deleted. **

Initial Posting Date on DAHLIA 9/16/22

Program

Inclusionary Housing Program

Type of Unit

Condominium

Building Name

719 Larkin

Unit Address (including city/state/zip code)

719 Larkin Street Unit 502

San Francisco, CA 94109

Maximum Asking Price

$377,285

Neighborhood

Tenderloin

Supervisory District

5

Number of Bedrooms

1

Number of Bathrooms

1

Square Footage

545

Floor Number

5

Year Built

2019

Appliances Included in the Sale of the Unit 

Dishwasher, oven, and washer/dryer hook up

Building Amenities

Roof top deck with BBQ, wet bar, and dining area; bike parking; Latch Smart Access System; second floor landscaped garden area

Parking Space Count

No parking Space

Smoking Policy

Smoking is not allowed anywhere within the Community, including but not limited to your Residential Unit, Condominium Building corridors and elevator, Common Roof Deck, and the lobby.

Pet Policy

A maximum of (2) dogs or two (2) domestic cats, or a combination thereof (but not to exceed two (2) total). Breed restrictions. Please see the CC&R and/or Community Handbook for the full pet policy.

Monthly HOA Dues

$550

What the HOA Dues Cover

Common Areas, Building Insurance, Maintenance Grounds, Trash

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

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 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.

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)

Trista Bernasconi

License # 02095335

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

5517 Geary Blvd Suite 206

San Francisco, CA 94121

Office Hours (including any special message)

Monday to Friday, 10:00 am to 5:00 pm

Please call, email, or text to schedule an appointment.

Phone

(415) 846-4124

Email

trista@hquestrealty.com

Website

https://www.hqrealtysf.com/

How to obtain an application:

Contact the Listing Agent, Trista Bernasconi, or download from MOHCD’s website by clicking here.

Applications:

First Come, First Served

Lottery List has been exhausted. Applications are being accepted on a first come, first served basis starting November 21, 2022, at 8:00 AM PST.  Any applications submitted before 8:00 AM PST, 11/21/2022 will be automatically deleted.

How to Submit a First Come, First Served Application

Submit a complete electronic application package via this secure link, 719 Larkin St #502.

Instructions:

1. Create or log into your account with Box.
2. Compile the application form and all required documents into one PDF file and name the PDF file “719 Larkin St #502 – 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 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

** Lottery List has been exhausted. Applications are being accepted on a first come, first served basis starting November 21, 2022, at 8:00 AM PST.  Any applications submitted before 8:00 AM PST, 11/21/2022 will be automatically deleted.  **

To view the lottery results, click here.

To view the Dahlia listing, click here.

Open Houses

Individual viewings are available by appointment only.  Please contact the Listing Agent, Trista Bernasconi, for assistance.

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.