Casa De Vida
5157 Diamond Heights Blvd
San Francisco, San Francisco County, California 94131

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Funding Programs

Casa De Vida 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

Casa De Vida has a project-based Section 8 contract. 21 of the 21 total units at the property receive Section 8 assistance. This means that 100% 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 November 01, 2012 and the contract expires on October 31, 2032. The Section 8 contract rent is 128.5% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,412.00 for Zero Bedroom and $1,814.00 for One 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.

Overview

Casa De Vida 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).

Casa De Vida is an apartment community containing 21 rental units. The property contains 13 bedrooms and based on typical apartment occupancy limits, Casa De Vida is home to not more than 27 persons when fully occupied.

Rent Subsidies

Casa De Vida 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

Casa De Vida contains a mix of 21 assisted studio and one bedroom apartments for rent. There are 8 Studio and 13 One Bedroom apartments in this property. The unit mix is 38% Studio and 62% One Bedroom apartment rentals. The average bedroom size for Casa De Vida is 0.62.

California's 12th

Congressional District

21

Total Units

21

Project Based Sec. 8 Units

128.5

% of Fair Market Rent

31-Oct-32

Project Based Sec. 8 Contract Expiration

Studio and One

Unit Mix

0.62

Average Bedroom Size

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