North Beach Place

500 Francisco St, San Francisco, California 94133

North Beach Place is one of the largest mixed income, mixed-use complexes in California, comprising a 341-unit development; 20,000 square feet of commercial space, including 3,000 square feet of incubator space for resident entrepreneurs; and a childcare/community center. Located in San Francisco’s popular North Beach area, with proximity to both transportation and employment, this complex is a model for transit-oriented urban infill developments.

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom One Bath (1/1) - Call for Price
Two Bedroom One Bath (2/1) - Call for Price
Three Bedroom One Bath (3/1) - Call for Price
Four Bedroom Two Bath (4/2) - Call for Price

North Beach Place Details

  • 341 one, two, three and four bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Public Housing

Property Amenities

  • Elevator
  • Playground
  • Community Room
  • Gated Community
  • On-Site Management
  • Laundry Facilities
  • Garage and Surface Parking
  • Personal 24-hour emergency call system
  • Courtyard
  • On Site Security
  • Community Kitchen

Unit Amenities

  • Dishwasher
  • Patio, Deck Or Balcony
  • Washer/ Dryer
  • Wall-to-Wall Carpeting

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Public Housing

Since this property is owned and managed by a Public Housing Authority, 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. A housing authority may establish a minimum rent of up to $50.

San Francisco HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in San Francisco but actual income limits may differ for units at North Beach Place.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $38,400 $43,850 $49,350 $54,800 $59,200 $63,600 $68,000 $72,350
50% $63,950 $73,100 $82,250 $91,350 $98,700 $106,000 $113,300 $120,600
80% $102,450 $117,100 $131,750 $146,350 $158,100 $169,800 $181,500 $193,200

San Francisco Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in San Francisco but actual income limits may differ for units at North Beach Place.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $63,950 $73,100 $82,250 $91,350 $98,700 $106,000 $113,300 $120,600
Low Income (60%) $76,740 $87,720 $98,700 $109,620 $118,440 $127,200 $135,960 $144,720

North Beach Place is managed by San Francisco Housing Authority.

Image of North Beach Place

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