Avanza 490

490 South Van Ness Ave, San Francisco, California 94103

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Avanza 490 is managed by Bridge Housing .

Avanza 490 is affordable to households with incomes between 30% and 60%AMI, with 20 units (25%) set aside for public housing relocatees from HOPE SF projects. The ground floor has services space available to residents and community members.  Resident amenities include a community room, laundry rooms, bike parking, and courtyard. Mission Housing provides resident services.

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 310 Call for Price
One Bedroom (1/1) 427 Call for Price
Two Bedroom (2/1) 676 Call for Price
Three Bedroom (3/2) 918 Call for Price

This property is currently under construction.

currently under construction

Eligibility for Avanza 490

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 Avanza 490.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $65,050 $74,350 $83,650 $92,900 $100,350 $107,800
Low Income (60%) $78,060 $89,220 $100,380 $111,480 $120,420 $129,360

Avanza 490 Details

  • 81 studio, one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Voucher (PBV)

Property Amenities

  • Community Room
  • On-Site Manager
  • Bicycle Storage
  • Courtyard
  • On-Site Laundry
  • Community Kitchen
  • Play Area

Nearby Amenities

  • Near Bus Line
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.

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