Vincentian Villa
1825 Mission St
San Francisco, San Francisco County, California 94103

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Funding Programs

Vincentian Villa 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

Vincentian Villa has a project-based Section 8 contract. 72 of the 124 total units at the property receive Section 8 assistance. This means that 58% 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 March 01, 2014 and the contract expires on February 28, 2034. The Section 8 contract rent is 144.8% 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.

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

Vincentian Villa 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).

Vincentian Villa is an apartment community containing 72 rental units. The property contains 72 studio bedrooms and based on typical apartment occupancy limits, Vincentian Villa is home to not more than 72 persons when fully occupied.

Rent Subsidies

Vincentian Villa 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

Vincentian Villa contains a mix of 72 assisted studio bedroom apartments for rent. There are 72 Studio apartments in this property. The unit mix is 100% Studio apartment rentals. The average bedroom size for Vincentian Villa is .

California's 12th

Congressional District

72

Total Units

72

Project Based Sec. 8 Units

144.8

% of Fair Market Rent

28-Feb-34

Project Based Sec. 8 Contract Expiration

Studio

Unit Mix

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