Can I buy in the affordable housing program?

In general, you can apply for housing in the affordable homebuyer program if you:

Are a first-time homebuyer

You can’t have owned any property anywhere within the last 3 years
Are income-eligible

Your household's total pre-tax (gross) income is compared to San Francisco's Area Median Income (AMI).

Download the 2018 Area Median Income (AMI) chart by household size

Download the 2017 Area Median Income (AMI) chart by household size

Income eligibility differs between properties, but generally, it's 100% AMI. (For 2018, 100% AMI for one person is $6908 per month.) It can range from 80%-120% AMI. Please see each BMR listing or City Second listing for details
Finished homebuyer education approved by MOHCD

6-hours total of group workshops are provided by organizations through HomeownershipSF.org.

A housing counselor from the organization will then work with you 1-on-1. They’ll review your financial history and determine your eligibility to apply. The counselors are familiar with our programs, and will help you plan and budget.

See details about homebuyer education »
Are pre-approved for a mortgage loan by a MOHCD-approved lender

We have different approved lenders for each program.

See details about getting pre-approved »
Have enough in savings for closing costs and downpayment

Your housing counselor will help you figure out how much you need. Keep in mind that with mortgage payments, your unit will also have a monthly HOA fee that may go up every year.

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