City Second - 7 Rebecca Lane
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Posting Date |
November 17, 2020 |
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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  |
7 Rebecca Lane, San Francisco, CA 94124 |
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# Bedroom  |
2 |
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# Bathroom  |
2 |
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Square footage |
1,040 |
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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 |
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Offer Price (City Second borrower must be able to match the offer price) |
$849,000 |
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Application Period |
Monday, 11/23/20, 8:00am, PST – Friday, 12/4/20, 5:00pm, PST |
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Date Right of First Refusal Starts |
Tuesday, 11/17/20 |
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Date Right of First Refusal Ends |
Monday, 1/18/21 |
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Maximum City Second Downpayment Assistance Loan Amount |
Up to $375,000 available for City Second Units based on funding availability. Â Â |
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Minimum Downpayment Required Based on Offer Price |
$25,470 |
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Parking |
Yes |
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Monthly Homeowner Dues |
$65 |
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Contact Person: |
Shanda Mayfield |
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Phone: Â |
(415 240-3868 |
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Email: |
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MSL Link: |
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Open House:Â |
Not required due to COVID restrictions |
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Special Remark: Â |
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 |