About Golden Gate Apartments

Golden Gate Apartments is a 72 unit affordable housing community in San Francisco, California. The community is located in the 12th Congressional District of California. Golden Gate Apartments participates in the Low Income Housing Tax Credit, and Project-Based Section 8 programs.

Low Income Housing Tax Credit

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC, not have income limits and therefore may be set at levels higher than the LIHTC limits below.

Low Income Housing Tax Credit Income Limits

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $43,050 $49,200 $55,350 $61,500 $66,450 $71,350 $76,300 $81,200
60% $51,660 $59,040 $66,420 $73,800 $79,740 $85,620 $91,560 $97,440

Project-Based Section 8

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Project-Based Section 8 Income Limits

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $25,850 $29,550 $33,250 $36,900 $39,900 $42,850 $45,800 $48,750
50% $43,050 $49,200 $55,350 $61,500 $66,450 $71,350 $76,300 $81,200
80% $68,950 $78,800 $88,650 $98,500 $106,400 $114,300 $122,150 $130,050