senior living

Thank you for your interest in applying to live at 555

Senior Housing is for individuals 62 and older in all industries and positions to have the ability to find attainable housing. Please review the application checklist below prior to submitting an application.

We are an Equal Housing Opportunity provider and seek to process all applicants in a fair and consistent manner.

ARE YOU A QUALIFIED APPLICANT?

Any applicant or household living in one of these apartment homes can earn up to the following annual incomes. Please use the below guidelines to identify homes that best fit your approved income limit.

Your annual household income must fall at or below the limits stated within the 50% and 80% Area Median Income (AMI).

Maximum Income Limits	1 Person	2 Persons	3 Persons	4 Persons	5 Persons	6 Persons	7 Persons	8 Persons
30% (VLI)	$32,490	$37,140	$41,790	$46,410	$50,130	$53,850	$57,570	$61,290
50% (LI)	$54,150	$61,900	$69,650	$77,350	$83,550	$89,750	$95,950	$102,150
140% Tax Credit (for recerts)	$75,810	$86,660	$97,510	$108,290	$116,970	$125,650	$134,330	$143,010

Maximum Income Limits	1 Person	2 Persons	3 Persons	4 Persons	5 Persons	6 Persons	7 Persons	8 Persons
30% (VLI)	$32,490	$37,140	$41,790	$46,410	$50,130	$53,850	$57,570	$61,290
50% (LI)	$54,150	$61,900	$69,650	$77,350	$83,550	$89,750	$95,950	$102,150
140% Tax Credit (for recerts)	$75,810	$86,660	$97,510	$108,290	$116,970	$125,650	$134,330	$143,010

Table showing maximum rent limits for a property. It details maximum gross rent, utility allowance, and maximum allowable rent for different tax credit levels and number of bedrooms.

The following documentation will be required (no photocopies allowed) before your application can be processed and again, annually upon renewal:

Valid passport, drivers license, or personal identification card for every household member 62 years and older
Two months of consecutive pay stubs, bonus and overtime will be calculated as part of the income.
Award letter or verification form for any social security benefits, SSI, pension funds, child support, etc.
Asset - If total value is under $50k, then self-certification/attestation is sufficient. If over $50k, provide (2) bank statements.
All full-time student households are not permitted unless one of the student exceptions are met.
Affordable housing lease terms are for 12 months.