By Joe Rivano Barros, Mission Local
With the median sales price in San Francisco $1.1 million at the end of 2015 — up from $681,000 in 2010 — buying a home in San Francisco may seem impossible for anyone without sizable savings and income. But for the few ready to jump through some housing hoops to enter a lottery, there are currently dozens of affordable housing units aimed at low to middle income first-time homeowners. In addition, the city has a variety of loan assistance programs for those who can buy market-rate.
With just 56 available units out of a total of 900 citywide, the inclusionary housing program is no panacea for those trying to stay in the city, but it does offer a chance for some to move into the tightest housing market in the country.
Read the complete story at Mission Local.