2060 Folsom St, San Francisco, CA 94110
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 3 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Casa Adelante- 2060 Folsom is a newly constructed 9 story affordable housing building. This building houses a total of 127 affordable units including 98 units designated for low-income families and 29 units for transitional age youths. On the ground floor are four community serving commercial spaces. In addition, the building is located next to a large beautiful neighborhood park called In Chan Kaajal Park. Building Amenities include a central courtyard with park adjacent, large community room with kitchen, bike parking for over 100 bicycles, onsite resident services, onsite property management, onsite laundry facilities, youth lounge, 2 family daycare units, 8th floor lounge, and rooftop deck.
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 Casa Adelante - 2060 Folsom 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
| 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† |
| 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.
Does Casa Adelante - 2060 Folsom have a waiting list?
Casa Adelante - 2060 Folsom 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 Casa Adelante - 2060 Folsom?
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 Casa Adelante - 2060 Folsom?
Casa Adelante - 2060 Folsom is managed by Chinatown Community Development Center headquartered in San Francisco, CA.
In addition to Casa Adelante - 2060 Folsom, how many other affordable housing properties (and units) are there in San Francisco?
In addition to Casa Adelante - 2060 Folsom, we list 293 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 Casa Adelante - 2060 Folsom listing last updated?
Casa Adelante - 2060 Folsom listing on Affordable Housing Online was last updated on 09/08/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
1000 Tompkins Ave, San Francisco, California 94110
477 O'Farrell St, San Francisco, California 94102
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