City Second - 27 Bowman Court
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Posting Date |
Monday, 3/30/20 |
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Type of Unit |
City Second Loan Program Market Rate Program with No Price Resale Restrictions |
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Development Name |
Hillside Village |
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Address
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27 Bowman Court, San Francisco, CA |
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# Bedroom
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2 |
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# Bathroom
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2 |
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Square footage |
1,219 |
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Maximum Income Level of Applicants |
120% of Area Median Income 2 Person-$118,200 3 Person-$133,000 4 Person-$147,800 5 Person-$159,600 6 Person-$171,400 |
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Offer Price (City Second borrower must be able to match the offer price) |
$825,000 |
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Application Period |
Monday,4/6/20, 8:00am, PST - Friday, 4/17/20, 5:00pm, PST |
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Date Right of First Refusal Starts |
Monday, 3/30/20 |
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Date Right of First Refusal Ends |
Friday, 5/29/20 |
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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. |
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Minimum Downpayment Required Based on Offer Price |
$24,750 |
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Parking |
1 |
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Monthly Homeowner Dues |
$65 |
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Contact Person: |
Paula Rose |
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Phone:
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415-724-3424 |
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Email: |
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MSL Link: |
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Open House: |
COVID-19 update: All open houses are canceled. |
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Special Remark:
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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 |