5800 Third Street

5800 Third Street at Carroll Station brings together a vibrant community with some of the best values in San Francisco. The design includes generously sized homes, oversized courtyards and community space, and even a bike lounge and dog washing station. In addition to offering the best weather in San Francisco, the location at Carroll Station puts 5800 Third in the heart of the most active and growing corridor in San Francisco, including unparalleled access to Muni, 101, 280, or CalTrain.

110% of Unadjusted Area Median Income (AMI) for HUD Metro Fair Market Rent Area (HMFA) that contains San Francisco 2010

A one person household can make no more than $76,550

A two person household can make no more than $87,450

A three person household can make no more than $98,400

A four person household can make no more than $109,350

A five person household can make no more than $118,100

A six person household can make no more than $126,850

A seven person household can make no more than $135,600

(Please visit sf-moh.org for larger households.)

Applicants must submit:

• a complete application with income documentation for each household member 18 years of age and older
• a loan pre-qualification (that should not cost money) through a BMR participating lender
• a first-time homebuyer workshop certificate of completion

Please note that applicants must submit a loan pre-qualification and final loan through a BMR participating lender and one adult titleholder must complete a first-time homebuyer workshop through any of the City’s 5 approved first-time homebuyer counseling agencies in order to apply.

Please sign up for a first-time homebuyer class today by contacting one of our 5 approved counseling agencies (click here). Or visit homeownershipsf.org for a schedule of upcoming classes. Please note that classes can fill up and applicants are encouraged to sign up as soon as possible. Certificate is valid for 2 years from the date of issuance for all Mayor’s Office of Housing first time homebuyer programs. Applicants attending workshops that offer a one-on-one follow-up counseling appointment (which is highly recommended) may apply for the unit with a letter from the counseling agency stating that the one-on-one meeting is pending.

Households must be as many people (or more) as number of bedrooms in the unit to apply.

Applicants are encouraged to apply for downpayment assistance through the Mayor’s Office of Housing through the American Dream Downpayment Initiative (up to 6% of the sales price for loan assistance); Teacher Next Door Program, Police in the Community Program, or the Mortgage Credit Certificate (MCC) Program.  See www.sf-moh.org. The State of CA provides 3% of sales price through the CalHFA CHDAP program. All participating lenders should explore these options with BMR buyers.