Summary: SFHDC developed 18 affordable condominiums at the heart of the Town Center district of Bayview. Two thousand square feet of commercial spaces is occupied by Radio Africa Kitchen restaurant.
Address: 4800 Third Street, San Francisco
Date of Completion: November 2009
Income Group Served: 60% – 100% AMI
Sales Price: $141,000 – $272,000
Common Space: 1,300 sq ft Courtyard
Parking Spaces: 11
Commercial: 2,100 sq ft
Sustainability: Solar panels, linoleum flooring, recycling chute, bicycle storage, low-VOC paints, across from lightrail platform, water efficient landscape
Financing Sources: San Francisco Redevelopment Agency, Wells Fargo Bank, California Building Equity and Growth in Neighborhoods Program (BEGIN), San Francisco Housing Development Corporation Equity Fund.
Total Cost: $11,461,104
Cost Per Unit: $636,708
Cost Per Sq Ft: $655
Organization Role: Sole Developer