Potrero Hill, San Francisco

With the recent focus on the planning process for Potrero Hill and Sophie Maxwell’s push for more affordable housing in the eastern neighborhoods, this article from the Chronicle seemed rather timely:

This holiday season, one San Francisco artist will score the lowest-priced home in The City.

The live/work loft condo unit at the Goodman 2 building at 1695 18th St. in Potrero Hill, the home of the Encore Theatre Co.’s The Thick House performance space, is available for $169,946, according to Pacific Union GMAC Realtor Linda Thompson.

Sale of the unit is regulated through the Mayor’s Office of Housing, and is only available to a working artist with a San Francisco business license annually earning less than $51,100, or $58,350 for a couple.

All types of artists may apply to buy the unit; the previous owner was a filmmaker. The first person to receive approvals on the application materials and financing will win the home, Thompson said. There is no bidding up or down.

• Cut-rate S.F. home for an artist [SF Chronicle]