City Second - 1804 Ellis St. #D
Posting Date |
6/16/20 |
Type of Unit |
City Second Loan Program Market Rate Program with No Price Resale Restrictions |
Development Name |
Amancio Ergina Village |
Address
|
1804 Ellis Street #D |
# Bedroom
|
2 |
# Bathroom
|
1 |
Square footage |
816 |
Maximum Income Level of Applicants |
120% of Area Median Income 1 Person - $107,600 2 Persons -$123,000 3 Persons-$138,350 4 Persons-$153,700 5 Persons-$166,000 6 Persons-$178,300 |
Offer Price (City Second borrower must be able to match the offer price) |
$743,000 |
Application Period |
Tuesday, 6/23/20, 8:00am, PST – Monday, 7/6/20, 5:00pm, PST |
Date Right of First Refusal Starts |
Tuesday, 6/16/20 |
Date Right of First Refusal Ends |
Friday, 7/31/20 |
Maximum City Second Downpayment Assistance Loan Amount |
Up to $375,000 available for City Second Units based on funding availability.
2018 DALP pre-approved homebuyers can utilize their DALP assistance for the purchase of this property and are welcomed to submit an offer. All program eligibility requirements must be met. |
Minimum Downpayment Required Based on Offer Price |
$22,290 |
Parking |
1 Assigned |
Monthly Homeowner Dues |
$559 |
Contact Person: |
Ilya Tsay |
Phone:
|
415.872.2222 |
Email: |
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MSL Link: |
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Open House: |
COVID-19 - All open houses are cancelled |
Special Remark:
|
City Second Loan is available for qualified buyers on a first come, first served basis.
The Property is subject to the City’s Grant of Right of First Refusal Agreement. For more information please visit our websitehttp://sfmohcd.org/city-second-loan-program |