Application Criteria
This Community is Income Restricted. Average income of the households may not exceed the maximum income limits for the property’s program. Please speak with the Property Manager for specific information regarding these income limits. Rents are subject to change.
Income Restrictions (Monterey County - Subject to change with published allowable limits)
2 Persons
3 Persons
4 Persons
5 Persons
30% AMI
$19,560
$17,100
$21,990
$24,420
$26,400
40% AMI
$22,800
$26,080
$29,320
$32,560
$35,200
$28,500
$32,600
60% AMI
$34,200
$39,120
$43,980
$48,840
$52,800
Percentage of Area Median Income
1 Person
Rent Rates (Depending on income and unit type)
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Studio/1 bath (400-568± Sq. Ft.) $375-$750
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1 Bedrooms/1 bath (571-747± Sq. Ft.) $401-$803
-
2 Bedrooms/1 bath (962-989± Sq. Ft.) $481-$963
Must earn two times the rent. (Subject to change with published allowable limits)
Eligibility
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Third party income verifications will be required from all income and asset sources.
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Prior years’ income tax returns may be required as supporting documentation.
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Income is calculated based on the applicant’s expected annual gross income including income from assets.
-
Criminal Background and Credit checks also apply.
Application
50% AMI
$36,650
$40,700
$44,000