Apply at MEDA for a BMR Condo Purchase at Knox, 645 Texas in Dogpatch

There are numerous theories as to how the oddly named San Francisco neighborhood of Dogpatch got its name. Some say it’s named after the middle-of-nowhere, fictional setting of the satirical comic strip Li’l Abner (since Dogpatch was for decades deemed an out-of-the-way spot). A grislier theory is that the neighborhood is named after the roving packs of canines who years ago used to scavenge the community’s slaughterhouses.

While the theory on how Dogpatch got its name varies by whom you ask, everyone agrees that this is currently one of San Francisco’s most popular places to live. The neighborhood is so hot that it seems to be encroaching onto the east side of already-trendy Potrero Hill. Case in point: the new Knox development at 645 Texas Street, which talks all about Dogpatch on its website despite it being a couple of blocks west of the traditional boundaries of that enclave. Can’t blame them.

When the 91-unit Knox opens in May, residents will be able to enjoy the urban conveniences of both Potrero Hill and Dogpatch, with the 22nd Street Caltrain or Third Street Muni light-rail line an easy walk away (so your dogs won’t be barking!).

The good news is that the developer put its City mandated 12 percent affordable condos on-site. Translation: 11 below-market-rate (BMR) condos are for sale at Knox, with the five one-bedrooms starting at $248,782 and the six two-bedrooms from $291,671. To be eligible, your maximum household income must be at least 100 percent of Area Median Income (AMI). See the MOHCD site for specifics.

The architects kept Dogpatch’s history in mind, the exterior design a combination of concrete, wood veneer paneling and, of course, plenty of weathered steel. This look carries through to the interior, highlighted by a unique water feature that’s been created from a reclaimed bridge.

Knox’s amenities are many, running the gamut from a rooftop with Zen garden to a fully equipped gym.

Ready to apply for a BMR condo at Knox, 645 Texas Street? Your first step is to attend a first-time homebuyer workshop and one-on-one counseling session. MEDA’s First-Time Homebuyers workshop — one in Spanish and one in English — will take place Saturday, Feb. 11, at 8:30 a.m. You can sign up now online or call Mario at (415) 282-3334 ext. 101 to register.

Application deadline is March 2. The BMR condo lottery will be held March 23 at 3 p.m., MOHCD, 1 S. Van Ness Ave., up on the fifth floor.

 

 

 

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