STEP-BY-STEP

101 Crescent Way Unit 2213

Applications are being accepted on a first-come-first-served basis starting on 09/05/2023 at 8:00 AM PDT.

2 bedroom Below Market Rate (BMR) housing opportunity available at 120% Area Median Income (AMI).

Initial Posting Date on DAHLIA: July 21, 2023. See the complete listing details on DAHLIA. 

1

Unit Info

Sales price: $575,000

HOA dues: $614

Parking: One (1) parking space

Size: 1,063 square feet

Changes in AMI: MOHCD will use the income limit from the most current year’s area median income (AMI) chart to determine eligibility for an applicant.

2

To view the unit

Individual viewings are available by appointment. Please contact the listing agent, Regina Huang, at (415)860-0538 or reginahuang1124@gmail.com, for assistance.

3

Application Requirements

To apply for this listing, you must complete homebuyer education and get a mortgage loan pre-approval letter.

4

Temporary Adjustments to Applicant's Eligibility Requirements

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.

5

Application Assistance

If you need help to submit an application, you can contact your housing counselor. For a list of housing counselors, click here.

6

Application Start Date

The application period starts on September 5, 2023, at 8:00 AM PDT and remains open until it's no longer available. 

7

Application Instructions

Submit a complete application package via this secure link, 101 Crescent Way #2213.

Instructions:

  1. Create a free account or log into your account with Box.
  2. Combine the application form and all required documents into one PDF file and name the PDF file “101 Crescent #2213– Last Name, First Name” (Example, 123 Sample Street Unit A – Smith, John).