Application period Open for Vacancy at 1353-1357 Folsom St.

Notice of Affordable Housing Opportunity for Moderate Income Households

1353-1357 Folsom Street, unit 1357

Large 2 BR Unit for $2,502/month

Section 8 or VASH accepted

All applications must be received by May 30, 2017 by 5pm. 

Unit information:

1273 Sq. Ft. 2 BR apartment with renovated kitchen, formal dining room and living room. No smoking allowed.

Security Deposit: $2,502

Rent includes: Water, sewer, garbage and recycling

Tandem garage parking available for additional $100/month

More information available at the Open House.

Open Houses

May 18, 2-3pm (Thursday)

May 27, 3-4pm (Saturday)

Read this notice carefully to understand the application and selection process:

  1. Attend an Open House to view the unit.
  2. Submit a completed application. -Applications must be submitted either of the following ways:

a)      Apply online through the SF Housing Portal at:

https://housing.sfgov.org

OR

b)      Mail in paper application to the following address:

1357 Folsom Street BMR

PO Box 420847

San Francisco, CA 94142

If you choose to mail in a paper application, you must also include a self –addressed stamped envelope with the application in order to receive your lottery ticket.

Paper applications can be downloaded from https://housing.sfgov.org/ or picked up from one of the housing counseling agencies listed at https://housing.sfgov.org/housing-counselors

If you need application assistance or information about available housing resources, please refer to the organizations listed in the SF Housing Resource Guide by clicking here: http://sfmohcd.org/san-francisco-housing-resource-guide

  1.  Lottery will be held at 1 PM, June 15, 2017 at MOHCD, 1 South Van Ness, 5th floor.      You need not be present at the lottery.
  2.  Households will be contacted in lottery order for an interview and income     certification with all adult household members to determine if the household meets the income requirements.
  3. If the household appears to meet the requirements, a background and credit check will be processed. After all references are checked, a move-in date and process will be discussed with the household. If the household does not pass the credit check, the household will be denied in writing. SFCLT complies with the Fair Chance Ordinance (SF Police Code Article 49) with regards to background checks. The household has 14 business days to appeal a denial.

1353-1357 Folsom Street receives funding from the San Francisco Mayor’s Office of Housing and Community Development (MOHCD) Small Sites Program. All applicants are encouraged to apply. Lottery preference will be given to holders of Certificates of Preference and households that live or work in San Francisco. Please see below for income limits and household limits

Building Selection Criteria:

  •          Ability to pay rent standard – Gross monthly income must exceed 2  times the monthly rent
  •          Credit Standard – No existing delinquencies or accounts in collection in the past 24 months in any amount greater than $1,000 except for medical bills or student loans.
  •          Rental History Standard – No previous evictions in the last 2 years.  No fault evictions, such as Ellis Act or Owner Move In evictions will not be held against a household.
  •          Criminal History Standard – Qualified applicants with criminal history will be considered for housing in compliance with Article 49 of the San Francisco Police Code, “The Fair Chance Ordinance.”

 

Unit 1357, 1353-1357 Folsom Street – 2 BR

  Minimum # in Household Minimum # in Household   Minimum # in Household  Minimum # in Household  
Target Income = 100% AMI 2 persons 3 persons 4 persons 5 persons
Maximum Income $92,950 $103,750 $115,300 $124,500