Frequently Asked Questions
Affordable Housing at 120% AMI: Frequently Asked Questions
What does 120% AMI mean?
AMI stands for Area Median Income, which is the average income level for households in a specific area. Our community offers apartment homes reserved for households earning up to 120% of the Area Median Income, helping make quality housing more attainable for working individuals and families.
Who may qualify?
Eligibility is based on:
- Household size
- Total gross annual income of all household members
- Meeting community screening requirements
Income limits are established by housing program guidelines and may change periodically.
How do I know if my household qualifies?
Our leasing team can help determine whether your household falls within the current income limits. Contact us for the most current income guidelines and a preliminary qualification review.
What documents are required to verify income?
Applicants are typically asked to provide documentation such as:
- Recent pay stubs
- W-2 forms
- Tax returns
- Social Security or pension statements
- Benefit award letters
- Other income documentation, if applicable
The leasing team will advise you of any additional documents needed during the application process.
Is this the same as Section 8 or public housing?
No. This community participates in a workforce or attainable housing program based on household income limits. Applicants do not need to receive a housing voucher to qualify.
If I qualify, will my rent be the same as everyone else's?
Rental rates are established according to the community's affordable housing program guidelines and may vary by apartment size and floor plan.
What if I receive a raise after I move in?
Income eligibility is generally verified before move-in. Receiving a raise or promotion after move-in does not automatically affect your residency.
Can students qualify?
Some student households may qualify, depending on program requirements and household circumstances. Students can live on the property with no restrictions. Please contact the leasing office for specific guidance.
Are all apartment homes income restricted?
All units are income restricted.
Are there additional qualification requirements?
Yes. In addition to meeting income requirements, applicants must complete the community's standard application process, which may include:
- Credit screening
- Background screening
- Rental history review
- Income verification
How long does the approval process take?
Processing times vary depending on how quickly required documentation is provided and verified. Submitting complete and accurate paperwork can help expedite approval.
What are the steps to apply?
- Review available apartment homes.
- Submit an application.
- Provide required income documentation.
- Complete screening requirements.
- Receive eligibility confirmation and move-in information.
Why does the community verify income?
Income verification helps ensure compliance with affordable housing program requirements and allows us to continue offering attainable housing opportunities for eligible residents.
Who can I contact for more information?
Our leasing team is happy to answer questions about income limits, required documentation, and apartment availability. Contact us today to learn whether you may qualify.
Our gorgeous apartment homes are designed for working professionals and families. Contact our leasing office today to learn more about our 120% AMI opportunities and current availability.
