La Fenix at 1950 is managed by Bridge Communities.
La Fénix at 1950 (1950 Mission) is affordable to households with incomes between 45% and 60% AMI, with 25% of the apartments set aside for 40 formerly homeless families. Resident amenities include a rooftop garden, a courtyard, a community room with kitchen, and a bike workshop that will focus on training youth from the property and the surrounding communities on bike maintenance. Neighborhood-serving retail space will be available for local nonprofits and entrepreneurs. Affordable gallery and work spaces cater to the Mission District artist community.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 340 | Call for Price |
One Bedroom (1/1) | 500 | Call for Price |
Two Bedroom (2/1) | 660 | Call for Price |
Three Bedroom (3/2) | 880 | Call for Price |
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.