BMR

Verde BMR Program

In order to provide housing to a wider range of San Francisco residents, Verde includes 59 apartments that will be available for less than current market rates. Applicants will be chosen through a lottery process. Individuals and families are invited to apply online to enter the lottery from 5/17/24 to 6/7/24.

You may not realize you qualify for one of these residences, so be sure to check household income requirements and limits listed below.

Qualification Requirements

Households must meet minimum income requirement of 2 times the rent.
Households cannot exceed 2024 income limits:

90% AMI

1 person: $94,400
2-person: $107,900
3-person: $121,350
4-person: $134,850
5-person: $145,650
6-person: $156,450
7-person: $167,200

120% AMI

1-person: $125,900
2-person: $143,900
3-person: $161,800
4-person: $179,800
5-person: $194,200
6-person: $208,600
7-person: $222,950

Pre-Recorded Virtual Tour Links

What to Expect

Applicants are processed in lottery rank order and preference. When households are contacted post-lottery, be prepared to submit required document within five (5) business days. The required documentation includes, but is not limited to:

Income required docs

Most recent and consecutive pay stubs
Most recent benefits award letter

Federal income tax returns

Include all W2(s), Schedule(s), 1099(s)

Asset required docs

Most recent and consecutive statements

For Additional Questions, Contact Us