Limited Equity Program Resale Unit: 41 & 71 Kiska Road, SF CA 94124

Posting Date

12/19/16 updated 3/14/17


Limited Equity Homeownership Program

(Click here for program information)

Type of Unit


Name of Development

Candlestick View

Unit Address (including city/state/zip code)

41 Kiska Road, San Francisco, CA 94124

71 Kiska Road, San Francisco, CA 94124

Selling Price

41 Kiska - $368,461at 100% Area Median Income

71 Kiska -$418,747at 100% Area Median Income

Neighborhood and Map

41 Kiska - Bayview District (

71 Kiska - Bayview District (

Number of Bedrooms

41 Kiska - 2

71 Kiska - 3

Number of Bathrooms

41 Kiska – 2

71 Kiska - 2

Square Footage

41 Kiska – 1272 sq. ft.

71 Kiska - 1532 sq. ft.

Year Built


Appliances Included in the Sale of the Unit  

41 Kiska - Range (functionality not guaranteed), Built In Microwave, Dishwasher and Refrigerator

71 Kiska - Range, Hood, Dishwasher and Refrigerator

Building Amenities



1 Car – Garage

Monthly Homeowner Dues


What the HOA Dues Cover

Exterior Building Maintenance, Grounds Maintenance, and Outside Management


Income Level of Applicants

Applicants must make no more than the following amounts per household:


100% of Unadjusted Area Median Income (AMI) for HUD Metro Fair Market Rent Area (HMFA) that contains San Francisco 2016


Household Size

Maximum Income at 100% of AMI


Not Available



Not Available for 71 Kiska











(Households must be at least as many people as bedrooms in the unit. Please visit for larger households.)


Other Qualification Notes

Applicants must secure a loan preapproval and a final loan through a MOHCD Participating Lender who have an “X” marked under BMR.


All titleholders/borrowers must complete a first-time homebuyer workshop through one of the City’s 5 approved first-time homebuyer counseling agencies in order to apply. Please visit for a schedule of upcoming classes. 


Verification of Homebuyer Education Completion or Certificate of Homebuyer Education from a MOHCD approved first-time homebuyer workshop is required.  Certificate of Homebuyer Education issued before May 1, 2015 is valid for 2 years from the date of issuance. Verification of Homebuyer Education Completion is valid for 1 year from the date of issuance. In the case of buyers receiving down payment assistance from the City, certificates must not be older than 6 months from the time of closing on the unit.

A copy of the mortgage loan pre-approval and homebuyer counseling certificate for every adult household member on loan and title to the BMR unit must be included with the BMR application.


Applicants are encouraged to apply for downpayment assistance through the following programs.


  • BMR Downpayment Assistance Loan Program (BMR DALP): A deferred down payment assistance loan available to qualified households for up to $57,000 (or maximum of 15% of the purchase price, whichever is less) towards the purchase of a BMR unit.




  • Mortgage Credit Certificate (MCC) Program (can be combined with BMR-DALP for households earning 81% or above of AMI). There is a $675 application fee if applying for MCC.


  • Federal Home Loan Bank’s WISH program provides up to $15K in matching funds for down payment assistance.  Please ask your mortgage lender.


All MOHCD Participating Lenders should explore these options with BMR buyers.

Households must be as many people (or more) as number of bedrooms in the unit to apply.


Contact Person (Realtor/Sales Agent)

Gina Wendy Tse-Louie



415-742-5100  x103 or x 121 after hours; Cell:  415-271-2178



How to Obtain an Application

Contact realtor or download from MOHCD website by clicking here.


Application deadline



This unit is now accepting applications on a first come, first served basis.

Note: Applications must be received in the sales office by 5pm on the day of the application deadline.

Sale Office Hours: 9 AM – 6PM

Address to which application should be mailed or delivered

Office:                               Real Estate Revolution

Realtor Name:                  Gina Tse-Louie

Address:                           645 Taraval Street

City/State/Zip Code:         San Francisco, CA 94116

Attn: BMR Unit(s)

Applications must be received by the deadline. Post-marks will not be considered.


For Delivery, Office Hours are:  9 AM – 6 PM

Lottery Results, Date, Time and Location


The lottery list has been exhausted.  Applications are currently being accepted on a first come, first served basis. 

Date: December 19, 2016

Time: 3 pm


Mayor’s Office of Housing and Community Development

1 South Van Ness Avenue, 5th Floor

SF, CA 94103

Lottery preferences

All individuals and households may enter the lottery for a BMR unit.


However, those households in which one member holds a Certificate of Preference (COP) from the former San Francisco Redevelopment Agency will be given highest preference in the lottery ranking process. More information about the COP Program can be found here:


Households in which one member holds a Displaced Tenant Housing Preference (DTHP) Certificate from the Mayor’s Office of Housing and Community Development will be given second highest preference in the lottery ranking process, for up to 20% of the units in projects with at least 5 affordable units. DTHP certificate holders will also be included in the live/work preference regardless of their current live/work location. More information about the DTHP Program can be found here:


Households that submit acceptable documentation that at least one member lives or works in San Francisco will be given the third highest preference in the lottery ranking process.


If the number of units available exceeds the number of qualified applicants in the above listed preference, the units will become available to other qualified applicants outside of San Francisco. Applicants in each preference category must meet program requirements in order to complete the sale or rental.


For more information about the lottery process and housing preferences, please refer to the MOHCD Housing Preferences and Lottery Procedures Manual.

Open Houses

January 25, 2017, 5-7 PM

February 4, 2017, 3-5 PM

February 26, 2017, 1-4 PM

Special Note(s)

View this unit on the public Multiple Listing Service and on Craig’s List.

Procedures Manual

All potential buyers must review the Limited Equity Program Loan Disclosure Information that governs this property. 

Re-pricing Mechanism

A BMR unit will be resold at a restricted price to a household that meets the first‐time homebuyer and income qualifications for the program. Please review Limited Equity Program Loan Disclosure Information for specific information.