Located in the SOMA District of San Francisco, The Plaza Apartments is a 9 story architectural “green building” and the first housing project on the West Coast to obtain the Silver Leed Certification. This supportive housing building offers 106 studio apartments is constructed using recycled materials, energy efficient systems including a solar energy generation system installed on the roof and environmentally sustainable products which includes 1,000 exterior wood panels. The studios are equipped with private baths and kitchenettes, a laundry lounge a deck on the 9th floor as well as facilities for community and social services.
The Plaza has 106 studio apartments for homeless and disabled and is funded by the San Francisco Department of Health Direct Access to Housing program. The property offers to its Residents mental health services, case management, and on site medical treatment.
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.
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 Plaza Apartments.
|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|