City Second - 721 Frederick St.
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Posting Date |
4/4/19 |
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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 |
Parkview Commons |
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Address  |
721 Frederick Street, SF CA 94117 |
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# Bedroom  |
1 |
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# Bathroom  |
1 |
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Square footage |
590 |
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Maximum Income Level of Applicants |
120% of Area Median Income 1 Person -$99,500 2 Person-$113,650 3 Person-$127,850 4 Person-$142,100 5 Person-$153,400 6 Person-$164,800 |
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Asking Price |
N/A |
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Offer Price (City Second borrower must be able to match the offer price) |
$848,000 |
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Application Period |
Closed |
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Date Right of First Refusal Starts |
Thursday, 4/4/19 |
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Date Right of First Refusal Ends |
Monday, 5/20/19 |
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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 |
$42,400 |
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Parking |
Yes |
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Monthly Homeowner Dues |
$343.06 |
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Contact Person: |
Jeff Salgado |
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Phone: Â |
415-915-9916 |
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Email: |
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MSL Link: |
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Open House:Â |
Saturday, 4/6/19 - 10:00am-12:00pm |
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Special Remark: Â |
City Second Loan is available for qualified buyers on a first come, first serve basis.  The Property is subject to the City’s Grant of Right of First Refusal Agreement. New and all subsequent buyers will enter into a Grant of Right of First Refusal with the City. For more information please visit our websitehttp://sfmohcd.org/city-second-loan-program |