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San Francisco Community Land Trust

The Purple House Open House on 5/1/16

Join us at the Purple House! 

On Sunday, 5/1/16 @ 5-7pm

966 Oak Street (btwn Pierce and Scott)

ALL ARE WELCOME!

966 oak street photo 1

The Purple House, one of the pioneer co-ops under the San Francisco Community Land Trust is opening their home to share their experiences in co-operative living with other SFCLT residents and to strengthen their network within the community.

Wine, soft drinks, snacks will be served.  There will be much sharing of art and music and maybe a bit of theater performed by the residents. Kick it up with them and get to known other Land Trust
residents, exchange ideas on intentional living and share practical information on accessing energy efficiency in their home.

 

SFCLT Vacancy: One-Bedroom Apt Affordable for up to 120% AMI

Affordable Apartment for Rent in San Francisco

 One 1 BR affordable rental units available

568-570 Natoma Street, San Francisco (Unit 568A)

568natomaoutside568natomainside

SFCLT and SOMCAN are delighted to have stabilized this 5-unit building at 568-570 Natoma this month, but as soon as we closed escrow we received 30-day notice of move-out from one of the high-income earning households, so we have one vacancy available for immediate move-in. The rent has been targeted by the Small Site Program as affordable up to 114% AMI, which may not meet the needs of your clients, but please share this opportunity with your members!

 

As you may know, as part of the City's "Small Site Acquisition & Rehab" program, SFCLT ensures that the existing lower rents, affordable for households earning less than 70% AMI, can be preserved as "permanently affordable" into the future by using the "mixed-income" approach. To preserve one rent-controlled unit that's occupied and affordable at 70% AMI, the building needs the next vacant unit to be rented at a higher rent price, but not to exceed what's affordable at 120% AMI. In this way, the 120% AMI household is helping to subsidize the lower income households’ rents within the building.

Within this context, we are delighted to offer a 1 Bedroom unit for $2,398 available to households at or under 114% of median income. Renter household must earn no more than the income levels listed below:

Household Size

One Person

Two Person

Three Person

114% of Median Income 2015

$85,950

$98,250

$110,550

Applications due by May 4, 2016 to the San Francisco Community Land Trust (SFCLT). Applications can be mailed, dropped off at SFCLT’s offices Monday-Friday 9am-5pm or dropped off at the open houses.

Contact SFCLT at (415) 399-0943 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it for information on the units and view the full unit posting at http://sfmohcd.org/moderate-income-rental-unit-568-570-natoma. Click here to download the application. 

Units are monitored through the San Francisco Mayor’s Office of Housing and Community Development Small Site Program and are subject to monitoring and other restrictions. Visit www.sfmohcd.org for program information.

Open House Dates

April 23, 2-3pm (Saturday)

April 26, 1-2pm (Tuesday)

April 27, 3:30-4:30pm (Wednesday)

All applicants are encouraged to apply. Lottery preference will be given to Certificate of Preference and Ellis Act Housing Preference holders* and households that live or work in San Francisco.

Unit #

Bedroom Count

Bath Count

Square Feet

Floor

Rent

Max.

Income

Min. Monthly  Income   

Deposit 

568A

1 BDR

1

700 (Est.)

2

$2,398

114% of AMI

$5330

$2,398

 

 

 

 

 

 

*Certificate of Preference holders are primarily households displaced in Redevelopment Project Areas during the 1960’s and 1970's, but may also include other persons displaced by Agency action.  Ellis Act Housing Preference holders are long term San Francisco tenants who were evicted because of the Ellis Act.  Contact 415-701-5613 for more information.

AH symbol

 

SFCLT in the News!

Press event photo 5

SFCLT recently held a press conference on 4/12/16 to celebrate the successful purchase and stabilization of 568-570 Natoma Street in the SoMa District, in which five households (three seniors and a Filipino family) were facing potential evictions but are now stabilized in their homes. Read about it below:

http://sf.curbed.com/2016/4/12/11415188/soma-land-trust-edwardian

http://sanfrancisco.cbslocal.com/2016/04/12/rent-controlled-sf-tenants-saved-when-land-trust-buys-building/

http://hoodline.com/2016/04/sf-land-trust-acquires-another-soma-building-thwarting-future-evictions

http://www.sfexaminer.com/soma-stabilization-fund-helps-prevent-eviction-low-income-tenants/

 

Read more...

 

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SF Community Land Trust
SFCLT is a membership-based organization whose mission is to create permanently affordable, resident-controlled housing for low- to moderate-income people in San Francisco through community ownership of the land.
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