Greenridge is managed by MidPen Housing.
Greenridge consists of family townhouses situated on the former McLellan Nursery property in South San Francisco. Greenridge was built to include affordable housing among neighboring market-rate developments in the city. Surrounded by two landscaped courtyards and children's play area, Greenridge includes a community room, manager's office, laundry facility, and a computer center. Each townhouse unit has a private entry and a private patio area. A landscaped stairway connects Greenridge with a park and nearby public schools. The site offers views of nearby hills, and is located across the street from a BART station and major shopping facilities.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | - | Income Based |
3 Bedroom (3/1) | - | Income Based |
4 Bedroom (4/1) | - | Income Based |
Last updated on January 22nd, 2018
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 South San Francisco but actual income limits may differ for units at Greenridge.
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.