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4800 3rd Street Unit 406

Applications are being accepted on a first-come-first-served basis starting on 12/29/2023 at 8:00 AM PST.

2 Bedroom Below Market Rate (BMR) housing opportunity available at 95% Area Median Income (AMI).

Initial Posting Date on DAHLIA: November 9, 2023. See the complete listing details on DAHLIA

1

Unit info

Sales price: $396,989

HOA dues: $953

Parking: No deeded parking space with the BMR unit. Leased parking may be available based on a waitlist.

Size: 1,073 sq. ft.

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.

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2

To view the unit

Individual viewings are available by appointment.

Please contact the listing agent, Trista Bernasconi at (415) 846-4124 or Trista.bernasconi@compass.com, for assistance.

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3

Application Requirements

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

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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.

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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.

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6

Application Start Date

The application period starts on December 29, 2023, at 8:00 AM PST and will remain open as first come, first served until it's no longer available.  

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7

Application instructions

Submit a complete application package via this secure link, 4800 3rd St Unit 406.

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 “4800 3rd #406 – Last Name, First Name” (Example, 123 Sample Street Unit A – Smith, John).
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Last updated August 29, 2024