Courtesy of Yu Huang, Sequoia Commercial Group.
2 bedroom Below Market Rate (BMR) housing opportunity available at 120% Area Median Income (AMI). Maximum income for 2 people = $138,350; 3 = $155,650; 4 = $172,900, etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor’s Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be available on a first come first served basis. To apply, Visit https://sf.gov/step-by-step/101-crescent-way-unit-2213 to view the listing and for application & program info. fair housing opportunity. MOHCD may grant one or more of the following one-time waivers* to applicants applying for this BMR unit: Increase qualifying AMI by up to 20%. Remove first-time homebuyer requirement. Exclude income from assets in the calculation. Adjust household size rules Allow homebuyer education completion after the initial application. Lower minimum financing requirements for buyers. *Temporary adjustments to the applicant’s eligibility requirements will expire on 06/30/2025 unless further extended by MOHCD. For details on the temporary adjustments, view the program announcement.
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