October 27, 2008

Mission Walk (330/335 Berry): BMR Applications Now Available

Mission Walk (10/27/08): Under Construction (www.SocketSite.com)

It might still be wrapped in scaffolding, but applications are now available for the 131 Below Market Rate (BMR) condos that will compose Mission Walk (330/335 Berry Street).

Mission Walk Rendering: View from across Mission Creek (www.SocketSite.com)

25 one, 82 two, and 24 three bedroom units priced from $159,474 to $302,735.

Mission Walk Rendering: View from across Berry Street (www.SocketSite.com)

Qualified buyers will have incomes of up to 80%-100% of the area median. Applications are due January 22nd, 2009. And a lottery for the 131 units will be held on January 28th.

Mission Walk (330/335 Berry): Application and Overview [homebricks.com]

First Published: October 27, 2008 5:45 PM

Comments from "Plugged In" Readers

Hard to beat those creekside units and great location for those without a car. Only wish there were more family friendly 3 bedroom units.

Posted by: Michael at October 28, 2008 10:30 AM

Too bad these BMR units don't include those that have a household income of around $200k. That is still not enough to buy a new 2 bedroom unit at market rate.

Posted by: SFhighrise at October 28, 2008 12:09 PM

I'm confused. is this mission bay or mission rock or what?

Posted by: jessep at October 28, 2008 2:17 PM

@jessep

The neighborhood is Mission Bay. The building name is Mission Walk and one building is next to Arterra, the other is next to Park Terrace.

Posted by: Ellen at October 28, 2008 4:24 PM

Does anyone know the probability of winning the lottery for a 3 bedroom place? Or, alternatively, is it on the order of "low to very low probability"?
Also, does one need one or more than one year of tax record?
Thanks

Posted by: Pierre at October 28, 2008 9:27 PM

You need 3 years of tax records for all adults who will be living in the unit (and who must be on the loan). As for the lottery, that depends on how many people apply. Supposedly people who work or live in SF already get preference.

Posted by: Michael at October 29, 2008 9:33 AM

Where I can find the result from the lottery yesterday? Thank you.

Posted by: Bibiana at January 29, 2009 8:44 AM

there's a link to the PDF of lottery results here:
http://www.homebricks.com/Default.aspx?DN=b6a22a44-f703-453d-b4c7-a83ed18cf699

Posted by: jimD at February 27, 2009 7:33 AM

When will condos be ready for occupancy?

Posted by: Frank at March 5, 2009 10:02 PM

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