Statement
of Rental Policy and Applicant Criteria
WE ARE AN EQUAL OPPORTUNITY HOUSING PROVIDER. WE FULLY COMPLY WITH THE FEDERAL FAIR HOUSING
ACT. WE DO NOT DISCRIMINATE AGAINST ANY
PERSON BECAUSE OF RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS OR
NATIONAL ORIGIN. WE ALSO COMPLY WITH ALL
STATE AND LOCAL FAIR HOUSING LAWS.
1.
Tours. Tours are given to prospects from 10:00AM
until 5:00 p.m., during daylight hours.
Prospect must provide picture i.d., showing date of birth and address.
2.
Apartment availability. Apartments become available when management
receives notice that the current resident intends to vacate.
3.
Occupancy standards.
Studio maximum of two (2) persons.
One Bedroom maximum of three (3) persons.
4.
Application Process. Anyone who is to occupy the apartment must
complete an application and answer all questions on the form. A non-refundable application fee of $50.00
must be paid.
Applications
are approved or rejected by the following rental criteria:
5.
Rental Criteria.
ALL
MOVE IN SPECIALS (if applicable) ARE SUBJECT TO APPROVED CREDIT WITH ACCEPTABLE
RESIDENT HISTORY AND REQUIRED INCOME LEVEL.
A.*Income:
The gross monthly income will be considered and must be at least 2 times the
monthly rent. Current proof of income
must be provided.
B.*Credit
History: The past and current credit history of all applicants
must be satisfactory. A previous “Open”
bankruptcy, Eviction or unpaid debts may disqualify the applicant(s).
*A
guarantor (co-signer) may be used if an applicant’s income or credit history
does not qualify him or her for an apartment. Guarantor must be a
member of the applicant’s immediate family.
Guarantor’s gross monthly income must be 5 times the monthly rent and
must meet all other criteria as stated in rental policy. The Guarantor is required to sign all rental
documents. Applicant must meet all other
criteria as stated in rental policy and applicant’s income must be no less than
half of the monthly rent.
Rental History: Two (2) years most recent resident history of
all applicants must be satisfactory. An
unsatisfactory rental history or an eviction may disqualify the applicant.
Criminal History: A felony conviction or guilty plea by an
applicant will disqualify the applicant.
A conviction or guilty plea by an applicant to a misdemeanor involving
dishonesty, violence, or more than one D.U.I. within the past five (5) years
may disqualify the applicant.
6.
Application
/Administration Fees. The Head of
Household applicant must pay a $150.00 NON-REFUNDABLE administration fee. This fee is non-refundable even upon denial
or cancellation of application. An
additional applicant will be charged a $50,00 NON-REFUNDABLE application fee.
7.
Penalty for False
Information. Any applicant who provides false of
fraudulent information on the application is subject to automatic denial of the
application or subsequent termination of the lease.