655, 711, 795, 895 Pacific Ave, San Francisco, CA 94133
Waiting List Forecast: Closed
Verified for 2023 by Connor Bailey, Lorena Bentley, Ric Gresia, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
San Francisco Housing Authority Waiting List
The San Francisco Housing Authority (SFHA) Public Housing waiting list is currently closed.
For more information, visit the SFHA website.
Go to the public housing authority page for this waiting list >>
Ping Yuen, consisting of three buildings with 234 units, is one of four properties that Chinatown CDC was selected to transform, own and operate. Chinatown CDC developed a plan to improve these nearly 70 year old buildings, improving the units, the systems, and safety and security while also adding a much-needed community center for resident events and community activities. Improvements began in late 2016 and will be complete by the beginning of 2019.
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 Ping Yuen 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $39,050 / year | $44,600 / year | $50,200 / year | $55,750 / year | $60,250 / year | $64,700 / year | $69,150 / year | $73,600 / year |
| 50% AMI for LIHTC Units | $65,050 / year | $74,350 / year | $83,650 / year | $92,900 / year | $100,350 / year | $107,800 / year | $115,200 / year | $122,650 / year |
| 50% AMI for PBRA Units | $65,050 / year | $74,350 / year | $83,650 / year | $92,900 / year | $100,350 / year | $107,800 / year | $115,200 / year | $122,650 / year |
| 60% AMI for LIHTC Units | $78,060 / year | $89,220 / year | $100,380 / year | $111,480 / year | $120,420 / year | $129,360 / year | $138,240 / year | $147,180 / year |
| 80% AMI for PBRA Units | $104,100 / year | $118,950 / year | $133,800 / year | $148,650 / year | $160,550 / year | $172,450 / year | $184,350 / year | $196,250 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ping Yuen have a waiting list?
Ping Yuen has a waiting list. See above for waiting list details.
Are rents subsidized at Ping Yuen?
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 Ping Yuen?
Ping Yuen is managed by Chinatown Community Development Center headquartered in San Francisco, CA.
In addition to Ping Yuen, how many other affordable housing properties (and units) are there in San Francisco?
In addition to Ping Yuen, 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 Ping Yuen listing last updated?
Ping Yuen listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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