1235 McAllister Street Affordable Home Listing and Status

 1235 McAllister Street Affordable Home Listing: Price, Eligibility and Application Status

The 1235 McAllister Street Affordable Home Listing is open for applications as of August 4, 2026. Unit 223 is a one-bedroom Below Market Rate condominium in San Francisco’s Western Addition neighborhood, priced at $393,695. Applications must be submitted through DAHLIA by August 12, 2026 at 5:00 p.m. Pacific Time. You must meet the homeownership, income, mortgage, and documentation requirements to remain eligible after the lottery.

 One one-bedroom home is available at 1235 McAllister Street Unit 223. The home has one bathroom, approximately 666 square feet, and monthly HOA dues of $597. Households may qualify at up to 120% of Area Median Income under a temporary one-time waiver. Selection is not guaranteed, and a selected applicant must complete detailed financial review before purchasing the home.

August 4, 2026 at 6:50 a.m. Pacific Time. The listing remains open only until the official deadline or an earlier official status change.

Current Status of the 1235 McAllister Street Affordable Home Listing

• Current application status: Open.
• Application opened: July 22, 2026.
• Application deadline: August 12, 2026 at 5:00 p.m. Pacific Time.
• Opportunity type: Below Market Rate homeownership resale.
• Official application system: DAHLIA San Francisco Housing Portal.
• Jurisdiction: San Francisco, California.
• Number of homes: One.
• Current results status: Lottery results and buyer selection have not yet been posted.

This page owns the full lifecycle of Unit 223. After the deadline, it will be updated on the same URL to show whether applications are closed, results are pending, a buyer is being reviewed, a waitlist is active, the property is under contract, or the sale has closed.

For other active ownership opportunities, use the open San Francisco BMR homes for sale on DAHLIA page. That page maintains the citywide opportunity list, while this page covers only 1235 McAllister Street Unit 223.

Unit 223 Price, Size and Monthly HOA Cost

• Address: 1235 McAllister Street, Unit 223, San Francisco, California 94115.
• Neighborhood: Western Addition.
• Sales price: $393,695.
• Unit type: Condominium.
• Bedrooms: One.
• Bathrooms: One.
• Approximate size: 666 square feet.
• Monthly HOA dues: $597.
• Parking: No parking space is included.
• Building year: 2000.

The listed purchase price is restricted under San Francisco’s BMR program. It should not be compared with an unrestricted market-rate price as though the ownership rights were identical. A BMR buyer accepts continuing occupancy, monitoring, transfer, and resale conditions.

The HOA payment is separate from the mortgage. Your housing budget may also include property taxes, homeowners insurance, utilities, closing costs, maintenance inside the unit, and future HOA increases or assessments permitted under the governing documents.

Who Can Apply for 1235 McAllister Street Unit 223?

Applicants must satisfy both the general MOHCD BMR homeownership rules and the requirements published for this specific resale. Meeting the income limit alone is not enough.

• First-time homebuyer: No household member may have held an ownership interest in residential property during the previous three years, unless MOHCD determines an official exception applies.
• Income eligible: The household’s calculated income must not exceed the current limit for its size.
• Mortgage ready: The applicant must obtain mortgage preapproval through an eligible lender.
• Education requirement: The household must complete MOHCD-approved homebuyer education, subject to the temporary timing waiver described below.
• Buyer funds: The household must have sufficient funds for its down payment, closing costs, reserves, and other required expenses.
• Owner occupancy: The successful buyer must use the unit as the household’s primary residence.
• Program review: MOHCD and the transaction parties must approve the buyer, financing, and required ownership documents.

Current 120% AMI Income Limits

The home is associated with a 100% AMI restriction, but the current resale listing uses a one-time 20% increase in the qualifying-income limit. Applicants may therefore qualify at up to 120% AMI.

• One-person household: Maximum annual income of $136,150.
• Two-person household: Maximum annual income of $155,650.
• Three-person household: Maximum annual income of $175,100.

These are maximum limits, not guaranteed qualifying amounts. MOHCD calculates household income under program rules and may treat wages, self-employment, benefits, recurring contributions, assets, and other resources differently from a mortgage lender.

Household-Size and Occupancy Rule

The listing requires at least one household member for the one-bedroom home. Household size for income purposes includes everyone of all ages who will live in the unit. Every person included in the household must be reported accurately during final review.

Do not remove a household member from the application merely to fit an income limit, and do not include a person who will not actually occupy the home. A household change after the deadline can require a new eligibility review and may affect ranking or approval.

Is There a Minimum-Income Requirement?

The official listing does not publish one fixed minimum-income figure. Instead, the buyer must obtain mortgage preapproval and show the ability to cover the approved mortgage, HOA dues, property taxes, insurance, and other ownership costs.

A household below the maximum income limit can still fail to qualify if its lender will not approve sufficient financing or if the proposed transaction does not meet MOHCD affordability and underwriting requirements.

Temporary Buyer Eligibility Waivers

The current listing includes one-time buyer adjustments intended to help complete this specific BMR resale. They do not permanently change the restrictions attached to Unit 223.

• Higher qualifying-income limit: The current cap is 120% AMI, reflecting a one-time 20% increase above the unit’s 100% AMI level.
• Income from assets: Imputed income from assets may be excluded from total household income when eligibility is calculated under the listing’s waiver.
• Homebuyer education timing: The required course may be completed after the initial application is submitted.
• Larger down payment: The buyer may make a down payment exceeding 50% of the sales price.

These adjustments are scheduled to expire June 30, 2027 unless MOHCD extends them. The waivers apply to this transaction only and will not automatically be available when the home is sold again.

The current waiver information for Unit 223 does not remove the first-time homebuyer requirement. Do not assume that every waiver available on another San Francisco BMR listing applies to this home.

First-Time Homebuyer, Education and Mortgage Requirements

A qualifying applicant must be prepared for three separate reviews:

• Program eligibility: MOHCD reviews household income, household members, assets, first-time buyer status, education, preferences, and program compliance.
• Mortgage eligibility: The lender reviews credit, income stability, debts, available funds, loan terms, and repayment ability.
• Property transaction: The buyer reviews the condominium documents, condition, title, restrictions, purchase contract, and closing requirements.

Mortgage preapproval is part of the application requirements. The temporary waiver allows homebuyer education to be completed after the initial application, but it does not allow the buyer to skip education before completing the purchase.

Do not use a general online affordability calculator as proof that you qualify. The lender and MOHCD must approve the actual loan structure and buyer file.

Buyer Funds and Ongoing Ownership Costs

The official listing does not state one mandatory down-payment amount because the buyer’s financing structure can vary. The household should be prepared to document funds for:

• The approved down payment.
• Lender and escrow closing costs.
• Prepaid property taxes and insurance when required.
• Inspections or transaction reports not paid by the seller.
• HOA payments and other required reserves.
• Moving and immediate ownership expenses.

The temporary waiver permits a down payment greater than 50% of the sales price. It does not mean every source of cash is acceptable. The lender and MOHCD may require documentation showing where funds came from, whether they are gifts or loans, and whether they create another repayment obligation.

Lottery Preferences for Unit 223

Preferences affect the order in which applications are considered. They do not waive income, financing, first-time homebuyer, occupancy, or documentation requirements.

1. Certificate of Preference: For a household in which at least one member holds a qualifying Certificate of Preference connected to displacement by the former San Francisco Redevelopment Agency.
2. Displaced Tenant Housing Preference: For a household with a qualifying DTHP certificate under San Francisco’s displacement rules.
3. Live or Work in San Francisco: For a household with a member who lives in San Francisco or performs at least 75% of that person’s working hours in the city.

Qualifying U.S. military veterans receive priority within an applicable preference category. Veteran status does not replace the need to qualify for one of the listed categories.

Only claim a preference you can document. Selecting a category without acceptable proof does not create priority and may delay or damage the application.

The current listing does not identify a separate accessible-unit set-aside. An applicant who needs help accessing the application, viewing, or review process may request a reasonable accommodation through the appropriate DAHLIA or MOHCD route.

How to Apply Before the Deadline

1. Open the current DAHLIA listing named “1235 McAllister Street Unit 223.”
2. Confirm that the status still says applications are open.
3. Sign in to DAHLIA or begin the official online application.
4. Enter every household member who will live in the home.
5. Report income, assets, housing history, and ownership history accurately.
6. Claim only preferences supported by current documentation.
7. Prepare the required mortgage preapproval.
8. Submit the application before August 12, 2026 at 5:00 p.m. Pacific Time.
9. Save the application confirmation and a complete copy of everything submitted.

Do not submit duplicate household applications. A second application does not improve your chance and may cause a problem during review.

Property Agent and Viewing Information

• Seller’s real estate agent: Carlson Seto.
• Telephone: 415-812-0808.
• Office hours: Monday through Friday, 10:00 a.m. to 5:00 p.m.
• Viewing route: Contact the agent using the current details displayed on the official DAHLIA listing.

The scheduled public open houses published on the listing occurred before the last verification date. Contact the agent to ask whether a private viewing or another showing is available.

A showing is not an application. You must still submit the official DAHLIA application before the deadline.

What Happens After the Application Deadline?

At 5:00 p.m. Pacific Time on August 12, 2026, the listing should no longer be described as open unless MOHCD officially changes the deadline. After closure, the expected process is:

1. The application period closes.
2. Applications are reviewed for inclusion in the lottery.
3. Lottery numbers are generated and preferences are applied.
4. Results are posted or communicated through the official process.
5. The agent contacts applicants in applicable lottery-rank order.
6. The selected household completes the detailed buyer review.
7. MOHCD verifies program eligibility and the lender completes underwriting.
8. The approved buyer proceeds toward contract and closing.

A favorable lottery position does not guarantee the home. A higher-ranked applicant can be denied, withdraw, fail financing, miss a document deadline, or decline the property. The agent may then move to the next eligible household.

For the broader random-selection process, see how affordable housing lotteries work in the United States .

Documents Required If Your Application Is Reached

If the agent reaches your application, be prepared to complete a more detailed application and provide supporting records within five business days of being contacted.

The exact request controls, but the review may include:

• Government-issued identification.
• Household-member and occupancy records.
• Recent employment and income records.
• Tax returns and self-employment documents where applicable.
• Bank, investment, retirement, and other asset statements.
• Documentation for benefits or recurring contributions.
• Mortgage preapproval and lender documents.
• Homebuyer education verification.
• First-time homebuyer certifications.
• Documents supporting any claimed lottery preference.
• Explanations and supporting records for unusual deposits or financial changes.

Do not rely on documents prepared for an older lottery without checking their dates. The agent can request updated records before final approval or closing.

Financing, Approval and Closing

Lottery selection is only the beginning of the purchase review. The proposed mortgage must be acceptable to the lender and MOHCD, and all titleholders must meet the program’s requirements.

Before closing, the buyer should expect to review and sign documents governing:

• The purchase and approved financing.
• Owner occupancy.
• City monitoring.
• Restricted resale.
• Limits on renting or transferring the home.
• The City’s rights and remedies under the recorded restrictions.
• The homeowners association’s Covenants, Conditions and Restrictions.

The buyer must also review the applicable 2024 Inclusionary Affordable Housing Program Monitoring and Procedures Manual and the Limited Equity Program Loan Disclosure Book before completing the purchase.

BMR Ownership and Resale Restrictions

Unit 223 is not an unrestricted investment property. The successful purchaser must occupy it as a primary residence and comply with the recorded affordability restrictions.

• Owner occupancy: The home generally must be occupied by the approved household.
• Rental restriction: The owner cannot rent or sublease the home without prior written authorization under the applicable rules.
• Monitoring: MOHCD can require ongoing certifications and records.
• Transfer restriction: Adding, removing, or transferring title interests is controlled.
• Restricted resale: The future resale price is calculated under the BMR rules rather than ordinary unrestricted market pricing.
• Qualified future buyer: A later purchaser must satisfy the program’s applicable income, homebuyer, and other eligibility requirements.

The one-time qualifying waivers offered for the 2026 sale do not automatically transfer to the next resale. A future buyer must follow the rules in effect when that later sale occurs.

How This Page Will Be Updated

The URL will not change when the application stage ends. The current-status section will be revised through the following lifecycle:

• Open: Applications are being accepted.
• Closed: The deadline has passed and no new lottery applications are accepted.
• Results pending: The lottery or ranked list has not yet been posted.
• Results posted: Official selection information is available.
• Buyer review: One or more applicants are completing eligibility and financing review.
• Waitlist or alternate review: Additional applicants may be considered if the leading household does not complete the purchase.
• Under contract: An approved transaction is moving toward closing.
• Sold: The restricted resale has closed.

Do not rely on an older search snippet to determine whether the opportunity is still open. Check the exact verification date and current status shown near the beginning of this page.

Final Application Checklist

1. Confirm the listing is still open.
2. Confirm the August 12, 2026 deadline in Pacific Time.
3. Review the $393,695 price and $597 monthly HOA dues.
4. Check your household against the current 120% AMI limit.
5. Confirm that your household meets the first-time homebuyer rule.
6. Obtain acceptable mortgage preapproval.
7. Identify funds for the down payment and closing costs.
8. Claim and document any applicable preference.
9. Submit one accurate DAHLIA application.
10. Save proof of submission and watch for agent messages.

The 1235 McAllister Street Affordable Home Listing is an open BMR resale opportunity only until August 12, 2026 at 5:00 p.m. Pacific Time, unless MOHCD publishes a change. Apply through the official DAHLIA listing, keep your mortgage and eligibility records ready, and do not treat lottery selection as final approval to purchase the home.

Edit This Article