Limited Equity Program

Homeownership opportunities through the Office of Community Investment & Infrastructure (OCII) Inclusionary Program and former SF Redevelopment Agency (SFRA)

The Limited Equity Program (LEP) helps low- and moderate-income first time homebuyers buy their first home in San Francisco. Units in the program are sold at prices below market rate.

Buyers applying for LEP homes must fulfill our homebuyer program requirements and go through a lottery process.

LEP homes are listed along with Condo Conversion and Below Market Rate (BMR) homes.

See all listings and apply

Program details

Estimated Valuation

Capital improvements

  • Depending on the LEP home, capital improvements may be calculated differently from other BMR homes.

Sample Closing Documents


All LEP homes were sponsored by the former San Francisco Redevelopment Agency (SFRA).

OCII is the successor agency to the SFRA. MOHCD manages all the homes developed by OCII and SFRA.