Below Market Rental Program

Views at Towers at Rincon

Below Market Rents and Unit Types

  • Studio homes: $2,048 - $3,583 per month
    300 - 489 square feet

  • 1-Bedroom homes: $2.810 - $4,095 per month
    579 - 606 square feet

  • 2-Bedroom homes: $3,071 - $4,607 per month
    799 - 886 square feet

If you earn less than $147,000 you may qualify!

Max Allowable Incomes by Household Size

1 Person
80% AMI Maximum Limit (Low) - $98,000
100-120% AMI Maximum Limit (Moderate) - $147,000

2 Person
80% AMI Maximum Limit (Low) - $112,000
100-120% AMI Maximum Limit (Moderate) - $168,000

3 Person
80% AMI Maximum Limit (Low) - $126,000
100-120% AMI Maximum Limit (Moderate) - $189,000

4 Person
80% AMI Maximum Limit (Low) - $140,000
100-120% AMI Maximum Limit (Moderate) - $210,000

5 Person
80% AMI Maximum Limit (Low) - $151,200
100-120% AMI Maximum Limit (Moderate) - $226,800

Rental Criteria for Below Market Applications

  • Household Members must have a minimum monthly income of 2 times the rental rate.
  • Households must earn no more than the annual income levels listed above at 80 %, 100%,120% AMI.

Displaced Tenant Housing Program (DTHP) participants may receive priority with proof of certificate. More information can be found HERE

Please download the Resident Qualification Acknowledgement attachment HERE to learn more about the property standard screening and residency criteria.

Income & Application Documentation Required

1) Initial documents pertaining to your household may be submitted to the leasing office via email, in person or by mail within 5 days of receipt “supplemental application for unit."

2) People in your household may need special income calculations if they:

  • Are full-time students (but not the primary applicant).
  • Receive non-taxable income (non-taxable income might include SSI, SSDI, child support payments, and worker’s compensation benefits).

Please note that additional affidavits and forms or back up documentation may be required based on the specific make up of a household and what is derived from the information provided on initial applications.

Required Initial Documentation List

Supplemental Application to Rent

Resident Qualification Acknowledgement

Resident Release and Consent

How to Submit

For digital, in person or mailed submission of documents and applications. Please use the below contact:

Towers at Rincon Leasing Office
C/O BMR Program Manager
88 Howard Street | San Francisco CA 94105
towersatrinconafford@greystar.com
415-615-9200
CONTACT US

Additional Rental Fees

Application Fee(s) $26.47 per person
Deposit: $500 - $700- or 1-months rent based on credit and floorplan.
Renter pays PG&E bill directly.
Utility bills (water, sewer, trash) as included in the rent.
Replacement fobs $35/remotes are $150 each.
Late rent payment fee is $50.
Returned Check Fee: $50
Parking Fees: $350-$525/ month
Pet Rent: $75/ month + additional deposit up to $500

Disclaimer

The Rincon Center Housing Plan governs many of the eligibility requirements for this building. Income and assets are calculated by the building staff and appeals are addressed internally by the building. Applicants should inquire with the building management directly for further information about eligibility requirements for this property. It is also important to note that these units are NOT governed by the San Francisco Rent Ordinance (also known as “rent control”). Among other rules, rents may increase beyond increases allowed under “rent control”.

Qualified applicants with criminal history will be considered for housing in compliance with Article 49 of the San Francisco Police Code: Fair Chance Ordinance.