Francis of Assisi
145 Guerrero St
San Francisco, San Francisco County, California 94103

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Funding Programs

Francis Of Assisi was developed and operates with Federal housing financing. The property utilizes the Section 202 Federal housing program to make rent affordable to lower income tenants.

Section 202

The property was developed with funding through the HUD Section 202 program which provides funding for housing for seniors who are 62 or older. The program provided both capital financing to construct the property and operating subsidies that work as rental assistance like the Section 8 program. Francis Of Assisi is among only 490 Section 202 properties in California and 6,166 in the country.

Overview

Francis Of Assisi 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).

Francis Of Assisi is an apartment community containing 110 rental units. The property contains 112 bedrooms and based on typical apartment occupancy limits, Francis Of Assisi is home to not more than 170 persons when fully occupied.

Rent Subsidies

Francis Of Assisi provides rental subsidies to renters. The type of subsidy provided to apartment renters in San Francisco, CA by this property is Section 202 Rental Assistance.

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 no minimum rent at this property for residents receiving a rent subsidy but in recent years, there has been discussions in Congress to implement a minimum rent in the Section 202 Program to reduce cost burden on the Federal budget.

Unit Mix

Francis Of Assisi contains a mix of 110 assisted one and two bedroom apartments for rent. There are 108 One Bedroom and 2 Two Bedroom apartments in this property. The unit mix is 98% One Bedroom and 2% Two Bedroom apartment rentals. The average bedroom size for Francis Of Assisi is 1.02.

California's 12th

Congressional District

110

Total Units

110

Project Based Sec. 8 Units

110

Section 202 Units

110

Senior Units

167.9

% of Fair Market Rent

31-Aug-30

Project Based Sec. 8 Contract Expiration

One and Two

Unit Mix

1.02

Average Bedroom Size

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