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San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP)

San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP) is a deferred second loan for homebuyers in San Francisco, California.

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The program asks for

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course, through Required - homesanfrancisco.org homebuyer education
  • Sourced via Homebuyer Wallet (CA20250035). Maximum income 149% AMI. All adult household members must be FTHB (no ownership last 3 years). Front-end ratio 30-43%, back-end max 45%. Borrower minimum 1% of purchase price (can be gift). Max $80,000 reserves after purchase. 2 months reserves required.
  • A home inside San Francisco city limits

It doesn’t cover

  • Households above 142% of area median income
  • Homes outside San Francisco

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

Income limit

142% of San Francisco County’s area median income

HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.

$200,800
Area median income, 4-person household (HUD, 2026)
Income limits in California

Where it applies

San Francisco’s homes

  • 18% single-family
  • 12.4% townhouse
  • 20.1% 2–4 units
  • 49.2% 5+ units
  • 0.2% mobile & other

A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.

$1.4M

San Francisco median home value

76.5%

built before 1980

U.S. Census Bureau, ACS 2024 5-year. More about buying in San Francisco

How to apply

  1. Take a homebuyer education course

    Required by the program, through Required - homesanfrancisco.org homebuyer education.

  2. Contact the administering agency to reserve funds

    Funds are reserved through first-come-first-served, and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.

Free course · 10 minSan Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP), explained

Questions about this program

What is San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP)?

San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP) is a deferred second loan for homebuyers in San Francisco, California. Silent-second deferred loan. Higher AMI ceiling than BMR DALP. Strict DTI limits (front 30-43%, back ≤45%). Reserves cap at $80K. Silent-second deferred loan to assist first-time homebuyers in San Francisco. Available alongside BMR DALP for higher-income tier. First-come-first-served. Funding comes from MOHCD.

Do you have to pay it back?

San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by sale, refinance, or change of primary residence. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP) is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required, through Required - homesanfrancisco.org homebuyer education. Sourced via Homebuyer Wallet (CA20250035). Maximum income 149% AMI. All adult household members must be FTHB (no ownership last 3 years). Front-end ratio 30-43%, back-end max 45%. Borrower minimum 1% of purchase price (can be gift). Max $80,000 reserves after purchase. 2 months reserves required.

What are the income limits?

San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP) limits household income to 142% of the area median income, which varies by county and household size. Maximum 149% of San Francisco AMI. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP) can be used for Single-family, Condo, Townhouse.

Where does it apply?

San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP) serves homebuyers purchasing in San Francisco, California.

How do you apply?

Applications for San Francisco Mayor's Office of Housing and Community Development City Second Loan Program (CSLP) go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through first-come-first-served. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.

Also for San Francisco homebuyers

Whether two programs can be combined is up to each agency. Ask before you apply.

All 128 programs for San Francisco

Program terms are set by the administering agency and can change; confirm on the official site before you apply.