Leland Polk Senior Community is managed by Mercy Housing.
Mercy Housing completed the renovation of this early 1900s apartment building with approximately 6,000 square feet of available retail space to serve the community. The Leland Polk Senior Community, located in the Lower Polk neighborhood of San Francisco, provides 72 units of affordable housing for persons 62 years and older. The renovation included a complete retrofit, structural strengthening, reconfiguring the units and the addition of a residential lobby.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Income Based |
1 Bedroom (1/1) | - | Income Based |
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 Leland Polk Senior Community.
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 Leland Polk Senior Community.
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.