City Second Loan Program - 42 Littlefield Terrace
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Posting Date |
4/10/20 |
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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 |
Parkview Heights  |
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Address  |
42 Littlefield Terrace, San Francisco, CA 94107 Â |
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# Bedroom  |
2 |
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# Bathroom  |
2 |
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Square footage |
956 |
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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) |
$1,010,000 |
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Application Period |
Monday, 4/20/20, 8:00am, PST – Friday, 5/1/20, 5:00pm, PST |
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Date Right of First Refusal Starts |
Wednesday, 4/8/20 |
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Date Right of First Refusal Ends |
Tuesday, 5/26/20 |
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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 |
$30,300 |
|
Parking |
1 car garage parking  |
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Monthly Homeowner Dues |
$263 |
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Contact Person: |
Deborah Nguyen |
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Phone: Â |
415-812-7462 |
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Email: |
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MSL Link: |
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Open House:Â |
COVID-19 update: All open houses are canceled. |
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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 website http://sfmohcd.org/city-second-loan-program |
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