STEP-BY-STEP
1578 Indiana Street Unit 11 (Artist Live/Work)
Applications are being accepted on a first-come-first-served basis starting on 09/21/2022 at 8:00 AM PDT.
1 Bedroom Below Market Rate (BMR) housing opportunity available at 120% Area Median Income (AMI).
Initial Posting Date on DAHLIA: August 8, 2022. See the complete listing details on DAHLIA.
Unit info
Sales price: $375,000
Affordable price: $346,773
HOA dues: $905
Parking: One (1) parking space
Size: 962 sq. ft.
Unit type: Artist live/work
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.
Artist Requirement
At least one member of the household must hold a valid and active San Francisco Business License to authorize art activities at the time of application, and will principally use a portion of the unit for arts activities as required under the Project Use Restrictions.
Arts Activities are defined in SF Planning Code Section 102.2 & attached as Exhibit B of the Special Restrictions Document.
To view the unit
Individual viewings are available by appointment only. Please contact the listing agent, Robert Belli at (415) 317-8540 or rob.belli@compass.com, for assistance.
To view the virtual tour, please click on this link.
Application Requirements
To apply for this listing, you must complete homebuyer education and get a mortgage loan pre-approval letter.
Application Assistance
If you need help to submit an application, you can contact your housing counselor. For a list of housing counselors, click here.
Application Start Date
The application period started on September 21, 2022, at 8:00 AM PDT and remains open as first come, first served until it's no longer available.
Application instructions
Submit a complete application package via this secure link, 1578 Indiana St #11.
Instructions:
- Create a free account or log into your account with Box.
- Combine the application form and all required documents into one PDF file and name the PDF file “1578 Indiana #11 – Last Name, First Name” (Example, 123 Sample Street Unit A – Smith, John).