Candlestick Heights Brings High-End, Affordable Apartments To San Francisco

SAN FRANCISCO (KPIX 5) — There’s more affordable housing available in one of the most expensive rental markets following the grand opening of a new apartment complex in the Bay View District Thursday.

New residents will be paying $1,500 a month for a four bedroom apartment at Candlestick Heights if they make less than 50-60 percent of the median income in San Francisco, which means making no more than $51,000 last year.

For some people who qualify, renting their own apartment in San Francisco is a dream come true. Click here to see if you qualify.

“I’ve worked in the community for years and years, I drove a school bus here for 23 years,” said resident Linda Harold. “I’m just glad I can afford to live to a very, very respectable and secure place.

A part of these buildings were originally built as condos in the Bayview Hunters Point neighborhood, but when the market briefly tanked, they turned them into affordable housing with financing help from the federal government.

There’s already 2,000 applications put in for the 196-unit complex.




One Comment

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS San Francisco

Get The New CBS SF Bay Area Local App
Got Our Weather App?

Listen Live