Banneker Homes.
765-a Fulton St
San Francisco, San Francisco County, California 94102

Call (855) 598-3283, enter extension 13242, then hit #.

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Funding Programs

Banneker Homes. was developed and operates with Federal housing financing. The property utilizes the Project Based Sec. 8 Federal housing program to make rent affordable to lower income tenants.

Section 8

Banneker Homes. has a project-based Section 8 contract. 96 of the 108 total units at the property receive Section 8 assistance. This means that 89% of the renter households in the property pay no more than 30% of their adjusted income for rent.

The current Section 8 contract was effective on February 01, 2006 and the contract expires on January 31, 2026. The Section 8 contract rent is 162.2% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,814.00 for One Bedroom, $2,289.00 for Two Bedroom, $2,987.00 for Three Bedroom, and $3,556.00 for Four Bedroom.

28% of California properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.


Banneker Homes. is an affordable apartment community located in San Francisco, California which is located in San Francisco County. The property is located in California's 12th Congressional District served by Representative Nancy Pelosi (D), Senator Kamala Harris (D) and Senator Dianne Feinstein (D).

Banneker Homes. is an apartment community containing 96 rental units. The property contains 256 bedrooms and based on typical apartment occupancy limits, Banneker Homes. is home to not more than 506 persons when fully occupied.

Rent Subsidies

Banneker Homes. provides rental subsidies to renters. The type of subsidy provided to apartment renters in San Francisco, CA by this property is Project Based Sec. 8.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is a minimum rent payment of not less than $25 and as much as $50 for all subsidy recipients at this property. That means that even if a renter has zero income, they will still be required to pay rent. In recent years, there have been various legislative proposals to increase the Section 8 minimum rent but advocates make the valid point that minimum rents affect the poorest of the poor.

Unit Mix

Banneker Homes. contains a mix of 96 assisted one, two, three, and four bedroom apartments for rent. There are 12 One Bedroom, 29 Two Bedroom, 34 Three Bedroom, and 21 Four Bedroom apartments in this property. The unit mix is 13% One Bedroom, 30% Two Bedroom, 35% Three Bedroom, and 22% Four Bedroom apartment rentals. The average bedroom size for Banneker Homes. is 2.37.

California's 12th

Congressional District


Total Units


Project Based Sec. 8 Units


% of Fair Market Rent


Project Based Sec. 8 Contract Expiration

One, Two, Three, and Four

Unit Mix


Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data