The Avery

450 Folsom St, San Francisco, California 94105

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The Avery is managed by Related Companies.

The Avery is composed of two complexes—450 Folsom and 250 Fremont—offering a total of 150 affordable homes. 450 Folsom is composed of a 55 story tower with affordable and market rate rentals in levels 1 through 31. Market rate condominiums occupy levels 32 through 55. The other portion of this community, 250 Fremont, contains two mid-rise podium buildings containing units that are 100% affordable. The Avery offers a variety of studio, 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Shared resident amenity spaces are distributed throughout the development, including a fitness center, roof garden, lounge terrace, and resident community garden.

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/2) - Call for Price

Eligibility for The Avery

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 The Avery.

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

The Avery Details

  • 71 studio, one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • BBQ and Picnic Area
  • Business Center
  • Landscaping
  • Swimming pool

Office Hours

Day Hours
Monday 8:30am-5:00pm
Tuesday 8:30am-5:00pm
Wednesday 8:30am-5:00pm
Thursday 8:30am-5:00pm
Friday 8:30am-5:00pm
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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