Applicants who apply for apartments in our Section 202 properties must meet the income guidelines set forth in the properties Tenant Selection Plan. Only persons whose household income and assets do not exceed the income limits set by HUD are eligible to rent apartments in these properties.
The anticipated household gross income includes (but not limited to) employment income before taxes, business income, gross income from Social Security, SSI, Pension, Alimony, recurring gifts, and income from assets. Assets include (but not limited to) checking and savings accounts, retirement accounts, rental property, etc. Each county has different income limitations that are explained in the Tenant Selection Plan.
Tenant Selection Plan
This Tenant Selection Plan describes the information necessary to process an application for rental assistance and the screening process that is required of all applicants. The Plan will also explain the project’s Waiting List and other considerations for being selected as an eligible Tenant.
Waiting lists are limited and may be closed from time to time if there are too many applicants. Interested tenants should contact the individual site manager of the property for the status of the waiting list and see if they are taking applications.
The Property Manager will assist you in preparing an application after explaining the application process and eligibility for residency and through a short interview. The Property Manager will then send out required verifications and perform background checks as stated in the Tenant Selection Plan. All collected information is then sent to the Project Coordinator to verify compliance with HUD criteria.
After the application is reviewed, you will receive a letter stating that you have been approved or denied for residency at our properties. If approved, the Property Manager will contact you when an apartment becomes available for you. They will assist you with the move in process and they will provide you with the keys to your new home.