City Second - 619 Holloway Terrace #4

Posting Date

11/10//2020

Type of Unit

City Second Loan Program

Market Rate Program with No Price Resale Restrictions

Development Name

Holloway Terrace

Address

 

619 Holloway Ave., #4, San Francisco, CA 94112

# Bedroom

 

2

# Bathroom

 

2

Square footage

1,268 SF

Maximum Income Level of Applicants

120% of Area Median Income

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)

$827,500.00

Application Period

Monday, 11/16/20, 8:00am, PST – Monday, 11/30/20, 5:00pm, PST

Date Right of First Refusal Starts

Tuesday, 11/10/20

Date Right of First Refusal Ends

Monday, 12/28/20

Maximum City Second Downpayment Assistance Loan Amount

Up to $375,000 available for City Second Units based on funding availability.

Minimum Downpayment Required Based on Offer Price

$24,825.00

Parking

Attached 1-car garage

Monthly Homeowner Dues

$330.00

Contact Person:

Martin Quan

Phone:

 

415-810-9317

Email:

mequan@sbcglobal.net

MSL Link:

View Here

Open House: 

Not required due to COVID restrictions

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