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Endorsed by the Reform Party, Ron Brown Democratic Club, Isaiah Project, AFRAM SEIU 250, AFRAM SEIU 535, AFRAM SEIU 616, AFRAM SEIU 790, AFRAM SEIU 1000, AFRAM SEIU 434-B, CAHEED, ASNA, OMI NEIGHBORS
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Kron 4 Interview (New!)
1) HUD Homeownership subsidy
2) FNMA Zero-down loans
3) Vouchers Enable Low-Income HomeOwnership
4) Home Ownership: Pipe Dream or a New Reality
5) Daly Plan Pitifully Inadequate
6) May 16 HomeOwnership Debate in San Francisco
7) NAACP Minority HomeOwnership Program
8) Ellis/OMI/Costa Hawkins protections
9)Policy Hurts Immigrants
10)Home Ownership Causes HH Wealth
11)Class War and the Poverty Trap
12) Home Ownership Program for Equity

Email us on: webmaster@affordable-
Ownership vs rentSF Housing PollsTenant protectionHOT Revenue subsidyOwnership processPress Clips
 Loan Information ->FHA 0 dp loansFNMA Low programsFNMA Flexible 97FNMA Facts
Purchase money loans Nehemiah DP LoansHUD Special programFHA Fixup/Rehab loanCHFA Loan

HOT makes HomeOwnership an Affordable Choice for San Franciscans!

 Spread Property Ownership!

Tenants should be able to Buy their own Unit

HomeOwnership for Tenants Proposal (HOT)

  Executive Summary:
  HOT is a practical proposal, using  win-win solutions & existing, readily
available Federal loan programs to enable HomeOwnership for San Francisco

HomeOwnership is the principal goal for 70% of SF tenants. (FNMA research)
San Francisco has a home ownership rate 34%. The U.S. average is 68%.

  • HOT makes it legal for each tenant to buy and own the apartment they
    already live in
  • When 25% of tenants want to buy, and the owner agrees, the building is
  • Tenants choosing not to buy can continue to rent, with protections from OMI
    and Ellis eviction, and Costa-Hawkins rent increases.
  • HOT results in ZERO EVICTIONS. No-one gets hurt. Thousands benefit.
  • HOT is completely voluntary. Prices would be individually negotiated
    between owner and tenant.
  • Existing, readily-available FHA-FNMA-CRA zero and low downpayment loan
    will be used; co-signers can help qualify for the loans. Lenders are
    ready -- see website loan info links
  • Ownership Security at an affordable after-tax cost –often less than monthly
  • Tenants who become owners get tax deductions, so Uncle Sam helps pay the
  • Long-term tenants will get a chance to buy at below-market prices.
  • The City will collect an estimated $ 946 million over 7 years in
    incremental tax revenues to subsidise low-income families, elderly and
  • 49,032 (est.) elderly / disabled tenants will get supplemental rent /
    mortgage subsidies.

If you are a Tenant and interested in being an Owner: 
Your e-mail address:  

For any other information please contact us on webmaster@affordable-homeownership.org

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