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.READ MORE: New Twitter CEO Parag Agrawal Steps From Behind The Scenes To High Profile
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.READ MORE: Santa Clara Shoe Store Ransacked in Late Night Smash-and-Grab Robbery
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.
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