Application fee: $75
Income verifications:
- Four weeks of most recent consecutive paycheck stubs.
- First pay stub of the year when GROSS and YTD amounts are the same.
- IRS form 1040 with schedule C for last 2 years (self-employed only).
- Social security award letter not more than 120 days old.
- Current statement of retirement or pension plan. 401k statement not more than 120 days old.
Income Requirements:
Minimum Income Requirements
To qualify, all applicants must meet standard rental criteria. The total gross monthly income must be at least 2.5 times the monthly rent. The maximum income is based on the number of people living in the home. Please refer to the income limits qualifications below:
Maximum Income Limit Based on Family Size @ 80%:
1-person home may earn no more than $75,280 annually
2-person home may earn no more than $86,000 annually
3-person home may earn no more than $96,800 annually
4-person home may earn no more than $107,520 annually
Maximum Income Limit Based on Family Size @ 60%:
1-person home may earn no more than $56,460 annually
2-person home may earn no more than $64,500 annually
3-person home may earn no more than $72,600 annually
4-person home may earn no more than $80,640 annually
