Rental Criteria & Information

Under normal circumstances, an application can take 7-14 business days to process:

We cannot guarantee approval until all the information provided to our office has been verified and reviewed by management and/or our compliance department. These are only some of the criteria for resident selection. Please download the forms below for complete information and to fill out your resident application. 

 
 
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Eligibility Requirements

  • Applicants must be 18 years of age or older.
  • Applicants must meet eligibility requirements of the LIHTC Program.
  • Verifiable income must be a minimum of $20,040/1 bedroom, $22,800/2 bedroom, and $27,150/3 Bedroom
  • Past and present rental history will be verified by 3rd party verifications. We may verify any rental properties that show on the credit report/ casenet.com and/or information provided by the applicant.
  • Management may require a higher deposit due to credit/rental history or lack thereof.
  • A maximum of two (2) persons may reside in a one (1) bedroom apartment. A maximum of four (4) persons can occupy a two (2) bedroom apartment, and a maximum of six (6) can occupy a three (3) bedroom.
  • Criminal background checks are verified on all individuals 17 years of age and older.

 
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Southernside Apartments is a tax credit community with income limitations as follows:
1 person $31,740; 2 person $36,240; 3 person $40,800; 4 person $45,300; 5 Person $48,960; 6 People $52,560. 

Tenant Certification

In order for us to determine your eligibility or continued eligibility, you must provide all information included in this questionnaire.  This information is considered confidential and will only be used as necessary in determining your eligibility for a Federal Affordable Housing Program. 

 

Rental Fees (Money Orders Only)

 
  • Application Fee (Due at Application): $40 per person over 18
  • Security Deposit*: 1-2 Bedroom $300; 3 Bedroom $500
  • Occupancy Permit (Due at move in): $50
  • Covered Parking Rent (Due with monthly rent): $20 per month (optional)
  • Washer/Dryer Rent (Due with monthly rent): $40 per month (optional) 

*DUE TO CREDIT, INCOME AND RENTAL HISTORY WE MAY REQUIRE HIGHER DEPOSIT