$12M loan application filed for $5M home in San Bruno

California residents applying for jobs in the San Bruno area could soon have their dream home for less than $12,000, according to a loan application that is now under review by the Department of Housing and Urban Development.

The application filed Wednesday for the home, dubbed the “Mt.

Pleasant,” is intended to be a temporary residence for individuals who need a temporary home in the area for a while, but can’t find a permanent home.

The project will cost about $1 million, and the developers are asking for about $4 million to help with the purchase and rehabilitation of the home. 

The home was originally slated to be built by the San Francisco-based developer AEG.

The company did not return a request for comment on the application. 

According to the loan application , the home will be built on a 4,000-square-foot lot in San Pablo on a site that is currently used as a public park.

The land was originally owned by the state government, and was leased to the property developer to build the home as part of a plan to preserve the site. 

It will be designed as a three-bedroom, two-bathroom home, with a total floor area of 1,100 square feet. 

A total of five bedrooms, four bathrooms will be located in the home along with two full bathrooms and a kitchenette. 

In addition to providing a permanent residence, the home can be used for community activities such as basketball and tennis courts, recreation, and landscaping, the application states.

The home is also expected to feature a gym, tennis court, sauna, saunas, swimming pool, and a tennis court. 

Construction is scheduled to begin next year. 

© 2018 KENS