Welcome to 285 Turk Street! SECTION 8, VASH, AND OTHER RENTAL ASSISTANCE VOUCHERS ARE WELCOME! Apartment Features & Amenities: Freshly painted home with new flooring. Studio units include a living space, kitchen (refrigerator, stainless steel sink, gas stove/oven, and some units with dishwasher and microwave), bathroom with shower-over-bathtub combination, and a walk-in closet. On-site laundry facilities. Easy walking distance to public transit.Rent includes water/sewer, garbage, and recycling services. No smoking is allowed. Small dog or service animal is allowed with special permission from SFCLT. About SFCLT: The San Francisco Community Land Trust (SFCLT) is a nonprofit organization dedicated to creating permanently affordable housing for low-to-moderate-income individuals through community land ownership. Guided by principles of anti-displacement and racial justice, SFCLT works to stabilize neighborhoods and increase access to housing and homeownership opportunities, particularly for BIPOC communities previously excluded from wealth and homeownership. SFCLT currently owns and operates 15 properties throughout San Francisco, including locations in Chinatown, the Mission, the Tenderloin, the Richmond district, South of Market, and soon, Russian Hill. Our housing serves a diverse community, with 73% of residents earning below 80% of the Area Median Income (AMI) and 50% earning below 60% of AMI. Additionally, 70% of our residents identify as Black, Indigenous, or People of Color (BIPOC). Homeownership Opportunity: SFCLT offers a unique pathway to homeownership for low- and moderate-income households. The 285 Turk Street property is planned for conversion into a Limited Equity Housing Cooperative (LEHC) within the next 5-10 years. Renters at 285 Turk will have the first opportunity to become collective owners of the building. Benefits of LEHC ownership include: Stable and secure housing with protection from eviction. Accumulation of modest equity in the unit (1-2% per year). An inheritable right to the unit, allowing you to pass it on to your successors, similar to traditional homeownership. Apply Today: A limited number of studio and 1-bedroom units are available. Applications are being accepted on a first-come, first-served basis. Lease Agreement Details: The agreement includes a 12-month lease term. If the Resident breaks the lease, they must pay a penalty equal to two months' rent by the move-out day. After the initial lease term, the agreement will automatically continue on a month-to-month basis until either the Owner or the Resident decides to terminate it. Includes water/sewer, garbage, and recycling services. No smoking allowed. Quiet Hours 10pm-10am Agreement includes a 12-month lease term.
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