Balboa Park Upper Yard

401 Geneva Ave., San Francisco, CA 94112

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey

Rent	Beds	Baths	SqFt
Call for Rents^†	Studio - 3 Beds	1 Bath	-

This property is currently under construction.

Balboa Park Upper Yard is an affordable community that is part of a large scale transit oriented community. This community offers studio, 1-, 2-, and 3-bedroom units.

Dave's Thoughts On Balboa Park Upper Yard

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Balboa Park Upper Yard does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Units at Balboa Park Upper Yard

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price^†
One Bedroom (1/1)	-	Call for Price^†
Two Bedroom (2/1)	-	Call for Price^†
Three Bedroom (3/1)	-	Call for Price^†

Income Qualification for Balboa Park Upper Yard

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
50% AMI for LIHTC Units	$65,050 / year	$74,350 / year	$83,650 / year	$92,900 / year	$100,350 / year	$107,800 / year
50% AMI for PBRA Units	$65,050 / year	$74,350 / year	$83,650 / year	$92,900 / year	$100,350 / year	$107,800 / year
60% AMI for LIHTC Units	$78,060 / year	$89,220 / year	$100,380 / year	$111,480 / year	$120,420 / year	$129,360 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Balboa Park Upper Yard

Does Balboa Park Upper Yard have a waiting list?

Balboa Park Upper Yard probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Balboa Park Upper Yard?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Balboa Park Upper Yard?

Balboa Park Upper Yard is managed by Caritas Management Corporation headquartered in San Francisco, California.

In addition to Balboa Park Upper Yard, how many other affordable housing properties (and units) are there in San Francisco?

In addition to Balboa Park Upper Yard, we list 354 other affordable properties in San Francisco. Learn about these properties here. Our data research shows that there are a total of 28447 affordable units in San Francisco.

When was the Balboa Park Upper Yard listing last updated?

Balboa Park Upper Yard listing on Affordable Housing Online was last updated on 08/28/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.