In 1998, TNDC acquired the five-story, 25-studio building left vacant by a fire. A partnership was soon formed with Larkin Street Youth Services (LSYS) to provide the studios to the youth at well below market rate while LSYS provides services—case management, medical care, HIV/AIDS services, employment counseling and other types of support—specifically targeting young adults. Out of the 24 available studio units, 6 are reserved for youth living with HIV/AIDS through the Housing Opportunities for People with AIDS (HOPWA) program and two units are accessible for people with disabilities. A TNDC building manager lives and works on-site to oversee building operations, while a full time service provider and part-time resident advisors from LSYS provide guidance about daily life skills and provide links to employment. Most residents are between the ages of 18 and 23 and the majority of them have been homeless at some point in their lives. A significant number of the youth are escaping abusive and unhealthy family situations and some are fending for themselves at the legal adult age of 18, when foster care is no longer an option. The Ellis Street Apartments provide these youth with critical housing and the support resources necessary to obtain personal independence and self sufficiency.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in San Francisco but actual income limits may differ for units at Ellis Street Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
50% | $65,050 | $74,350 | $83,650 | $92,900 | $100,350 | $107,800 | $115,200 | $122,650 |
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 Ellis Street Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $65,050 | $74,350 | $83,650 | $92,900 | $100,350 | $107,800 | $115,200 | $122,650 |
Low Income (60%) | $78,060 | $89,220 | $100,380 | $111,480 | $120,420 | $129,360 | $138,240 | $147,180 |
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.