Posting Date

** Updated 11/17/2022, the lottery list has been exhausted.  Applications are being accepted on a first come, first served basis starting on October 20, 2022, at 8:00 AM PST.  Any applications uploaded before 8:00 AM PST on 10/20/2022 will be automatically deleted. **

Initial Posting Date on DAHLIA: July 22, 2022

Program

Inclusionary Housing Program

Type of Unit

Condominium

Building Name

Stage 1075

Unit Address (including city/state/zip code)

1075 Market Street, Unit 206

San Francisco, CA 94103

Maximum Asking Price

$338,689

Neighborhood

South of Market

Supervisory District

6

Number of Bedrooms

1

Number of Bathrooms

1

Square Footage

630

Floor Number

2

Year Built

2018

Appliances Included in the Sale of the Unit 

Stove, dishwasher

Building Amenities

Lobby Concierge, Rooftop lounge & BBQ with city views & dog run, Virtual Doorman, Package & Bike storage

Parking Space Count

No Parking

Smoking Policy

None

Pet Policy

Domestic dogs or cats only, not to exceed a total of two. No fighting breeds. Please see the CC&R for the complete pet policy.

Monthly HOA Dues

$738

What the HOA Dues Cover

Water, sewer, trash, natural gas, building maintenance & insurance

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 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)

Marianne Bordogna

License #01008161

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

Keller Williams Realty

1624 California Street

San Francisco, CA 94109

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

925-202-5508

Email

Marianne@MarianneBordogna.com

Website

www.MarianneBordogna.com  

How to obtain an application:

Contact the Listing Agent, Rob Belli, 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 October 20, 2022, at 8:00 AM PST.  Any applications submitted before 8:00 AM PST, October 20, 2022, will be automatically deleted.

How to Submit a First Come, First Served Application

Submit a complete electronic application package via this secure link, 1075 Market St #206.

Instructions:

1. Log In or create a free account with Box.
2. Compile the application form and all required documents into one PDF file and name the PDF file “1075 Market St #206– 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

** This lottery list has been exhausted.  Applications are being accepted on a first come, first served basis starting on October 20, 2022, at 8:00 AM PST.  Any applications submitted before 8:00 AM PST on October 20, 2022, will be automatically deleted. **

To view the lottery results, click here.

To view the Dahlia listing, click here.

Open Houses

Individual viewings available by appointment only.  Please contact the Listing Agent, Marianne Bordogna, 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.