Workforce Housing Qualification Guidelines
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1 Wrkfrce Husing Qualificatin Guidelines Prime Real Estate, LLC cmplies with the Federal Fair Husing Act. Prime Real Estate, LLC des nt discriminate n the basis f race, clr, religin, natinal rigin, sex, familial status r disability, r any ther basis prtected by applicable state, Federal r lcal fair husing laws. Rental Criteria: Each persn that will ccupy the apartment wh is 18 years ld r lder must cmplete an applicatin and sign the lease. Each applicant that is 18 years f age r lder, and nt a full time student wh can be claimed as a dependent n the primary applicant s tax return, will be qualified by Prime Real Estate, LLC in accrdance with these qualificatin standards. Each applicatin is evaluated with a scring methd that weighs the indicatrs f future rent payment perfrmance. The scre is based n statistical analysis f prir renters indicatrs and subsequent payment perfrmance. Based n the scre, we may chse t accept r decline an applicant, r seek additinal requirements fr apprving the lease. These additinal requirements include an increased depsit r a Guarantr. A fee f $50 per applicatin will be due prir t prcessing any applicatin. Verificatin f identity is required; the fllwing dcuments may be used t verify identity fr all husehld members: Birth Certificates Scial Security Cards Any eligible immigratin dcumentatin Permanent Resident Card Temprary Resident Card Emplyment Authrizatin Card Driver s License r State issued ID The husehld grss annual incme and all assets must be verifiable and accmpanied by the fllwing dcumentatin fr all husehld members ver the age f eighteen (18). All dcuments will be retained in the lease file. Prf f incme frm any f the fllwing: 6 cnsecutive pay stubs frm all jbs r unemplyment Scial Security Incme r Supplemental Security Incme State cash assistance Inheritances, lttery winnings, capital gains, any ther lump sum amunts Alimny awarded and/r child supprt Verificatin f the previus year s incme thrugh the fllwing dcumentatin: Tax returns & W-2 s and/r 1099 s Last six (6) mnths f bank accunt statements r statement f accunt fr any/all accunts: Checking accunts Savings accunts Pensins, 403B r 401K accunts IRAs, Kegh Plans and/r retirement accunts Mutual Funds Trust accunts Stcks Bnds Treasury Bills Certificate f Depsits Mney Market Accunts Life insurance plicies Equity frm real estate; rental incme Persnal prperty held as investments (i.e. jewelry, antiques, cllectins, etc.)
2 Applicants must have a verifiable rental/mrtgage histry. Guarantrs/c-signers cannt be a substitute fr this requirement. Applicants must have a favrable credit histry. Any applicants wh have been determined t have criminal cnvictin r current indictment fr pssessin, sale, manufacture r distributin f cntrlled substances, prstitutin, theft, burglary, felny, fraud, r fr any crimes invlving firearms, weapns, r crimes against persns r prperty will be denied residency and ccupancy. Guarantrs/c-signers cannt be a substitute fr this requirement. T be eligible t rent a wrkfrce apartment, the applicant s ttal grss annual husehld incme (including rental assistance) must be within the incme guidelines listed belw: Family Size 1 2 Minimum Incme/Sectin 8, RAP r ther rental assistance Maximum Incme Apartment Price $35, $51, Studi - $1,170 $37, $51, $37, $58, $44, $58, $44, $65, $44, $73, Bedrm - $1,240 1 Bedrm - $1,240 2 Bedrm - $1,477 2 Bedrm - $1,477 If yu qualify fr the wrkfrce husing prgram, yu will be added t ur waiting list f Certified Applicants. Please nte that apartment hmes included in ur Wrkfrce husing prgram are nt deemed emergency husing r subsidized husing. Apartments will be assigned n a first cme first served basis. We will ntify yu nly when a unit is available and yu are the next persn n the list. Our wrkfrce husing applicatin is fr wrkfrce apartments within the One Glver Develpment. Apartments are assigned n a first cme first served basis thrughut the develpment, specific building r apartment requests will nt be accmmdated. If yu refuse the apartment assigned t yu will be placed at the bttm f ur waiting list. Wrkfrce apartments can nly be refused nce, when called again if yu refuse yu will be remved frm ur waiting list. Cmpleted applicatins with supprting dcumentatin must be hand-delivered r mailed t any f ur leasing ffices. Yu will be ntified by a reasnable cmmunicatin methd f the determinatin f yur eligibility r if any additin infrmatin is required. The term Husehld refers t all persns intending t live in the apartment, whether r nt they are related by bld, marriage r therwise. Infrmatin abut all persns intending t reside in the apartment is required. Fr timely prcess f yur applicatin, all required infrmatin must be prvided at the time f initial applicatin. Incmplete applicatins and/r thse with missing dcuments will result in prcess delays and ptential disqualificatin.
3 Applicatin fr Apartment Hme Rental Nte: This ENTIRE applicatin must be filled ut r it may nt be cnsidered fr acceptance. Please read the qualificatins prir t cmpleting applicatin. All applicants ver 18 years f age must submit separate applicatins. : Prperty Name: Apt #: Last Name: First Name: MI: Sr., Jr., address: Preferred Phne #: Ttal # f Occupants: Please list all ccupants under the age f 18 Name: Relatinship: Sex: f Birth: / / Name: Relatinship: Sex: f Birth: / / Name: Relatinship: Sex: f Birth: / / HOUSING INFORMATION: Present Address: _ City: State: Zip: Hw lng have yu lived there? Rent: $ Landlrd (C. r persn): Landlrd s Phne: Landlrd s Fax: Reasn fr mving: Previus Address: City: State: Zip: Hw lng have yu lived there? Rent: $ Landlrd (C. r persn): Landlrd s Phne: Landlrd s Fax: Reasn fr mving? EMPLOYMENT INFORMATION: Present Emplyer: Psitin: Address: City: State: Zip: Start : Supervisr: Supervisr/ HR Phne #: Please Include Salary Amunt at Very End f Applicatin OTHER INCOME: Surce Descriptin: Please Include Other Incme Amunt, if Applicable, at End f Applicatin VEHICLE INFORMATION: Vehicle/Recreatinal #1 (Make, Mdel, Year): License Plate #1: State: Clr: Vehicle/Recreatinal #2 (Make, Mdel, Year): License Plate #2: State: Clr: PET INFORMATION: Maximum f tw pets per apartment. A current dg license is required as well as a pht f the pet(s). INTITIALS I have received a list f restricted breeds and cnfirm that the pets listed belw are nt a match (r mix/partial breed) t any f the restricted breeds. Pet #1 Type: Breed: _Name: Pet #2 Type: Breed: _Name:
4 EMERGENCY CONTACT INFORMATION: Name: Relatinship: Cntact #: Address: City: State: Zip: Allw Permissin t Enter authrizatin: Yes: N PRIME REAL ESTATE, LLC RESERVES THE RIGHT NOT TO LEASE TO ANY INDIVIDUAL WHO HAS BEEN EVICTED, BROKEN A PRIOR LEASE, DECLARED BANKRUPTCY, BEEN SUED FOR NON-PAYMENT OF RENT OR DAMAGE TO RENTAL PROPERTY, CONVICTED OF CERTAIN CRIMES, ARRESTED FOR CERTAIN CRIMES WHERE A TRIAL IS PENDING, OR WHO IS LISTED BY THE FBI AS A FUGITIVE OR A TERRORIST. TO DETERMINE APPLICANT'S ELIGIBILITY, PLEASE ANSWER THE FOLLOWING QUESTIONS: HAS ANY APPLICANT EVER BEEN EVICTED OR ASKED TO MOVE OUT? YES NO BROKEN A RENTAL AGREEMENT OR LEASE? YES NO DECLARED BANKRUPTCY? YES NO BEEN SUED FOR NON-PAYMENT OF RENT OR FOR DAMAGE TO RENTAL PROPERTY? YES NO HAS ANY APPLICANT EVER BEEN CONVICTED OF A FELONY, ANY CRIME INVOLVING VIOLENCE, ANY CRIME INVOLVING DRUGS, DAMAGE TO PROPERTY, OR A SEXUAL OFFENSE? YES NO BEEN ARRESTED FOR ANY OF THE FOREGOING OFFENSES WHERE A TRIAL IS PENDING? YES NO IF "YES" IS MARKED FOR ANY RESPONSE, PLEASE PROVIDE FURTHER DETAILS ON THE REVERSE SIDE OF THIS APPLICATION (E.G., DATE OF CONVICTION AND TYPE OF OFFENSE). FURTHER INFORMATION MAY BE REQUIRED TO DETERMINE ELIGIBILITY FOR A RENTAL. By submitting this applicatin, I agree t enter int a lease agreement fr apartment # n/r befre with Prime Real Estate, LLC fr the apartment hme under the terms specified in this applicatin. I understand that this applicatin fr an apartment is subject t acceptance r denial. I hereby state that the infrmatin set fr abve is true and cmplete and authrize verificatin f the infrmatin and references given including the investigatin f a prfessinal credit check, arrest/cnvictins recrd and backgrund check fr all applicants. Shuld any statement made abve be a misrepresentatin r untrue, the applicatin fr ccupancy will be denied and the applicatin fee will be retained t ff-set expenses related t applicatin prcessing. I have submitted the sum f $ which is a nn-refundable applicatin fee fr a credit check and ther prcessing csts f this applicatin. This sum is nt a rental payment r security depsit and will be retained by Prime Real Estate Services, LLC t cver the csts f prcessing the applicatin whether my applicatin is accepted r declined. I have als submitted a Hlding Depsit in the amunt f $, which will be treated as fllws: If I am nt accepted as a resident, r if I cancel this applicatin by written Terminatin Ntice delivered during regular business hurs t a Prime Real Estate, LLC representative at the leasing ffice where the Apartment Hme is lcated within 24 hurs f the date f this Applicatin (r during the next business day if the leasing ffice is clsed), I will receive 100% f the Hlding Depsit back. If I cancel after 24 hurs, I will frfeit 100% f the Hlding Depsit, which will be applied t a Reservatin Fee in an amunt equal t the greater f the Hlding Depsit r the prduct f (i) the number f days frm the date f this Applicatin until we received the Terminatin Ntice; multiplied by (ii) the base rent that wuld have been payable by yu under the Lease fr the Apartment Hme (calculated n a per diem basis). After ur receipt f the Terminatin Ntice we will calculate the Reservatin Fee, and if the Reservatin Fee exceeds the amunt f the Hlding Depsit yu will we us the difference. If I d nt cancel this applicatin, the Hlding Depsit will be applied t the Lease depsit. I hereby cnsent t allw Prime Real Estate Services, LLC, thrugh its designated agent and it emplyees, t btain and verify my credit infrmatin and criminal backgrund check fr the purpse f determining whether r nt t lease an apartment t me. I understand that shuld I lease an apartment, Prime Real Estate Services, LLC and its agent shall have the cntinuing right t review my credit infrmatin, criminal backgrund infrmatin, rental applicatin, payment histry and ccupancy histry fr accunt review purpses and fr imprving applicatin review methds. APPLICANT SIGNATURE: LEASING SPECIALIST: : : FOR OFFICE USE ONLY Apprved/Declined By: : ID Verificatin Type: Exp. : We take yur persnal infrmatin seriusly and will shred the details belw nce yur applicatin is prcessed. Thank yu. Annual Incme: Other Incme: Driver s License #: State f Issue: Expiratin : Scial Security #: - - f Birth: / /
5 Wrkfrce Husing Emplyment Verificatin Applicant: Please cmplete the tp prtin f this frm and submit t yur applicatin, ur leasing ffice will cntact yur emplyer. Emplyer: Please cmplete the lwer prtin f this frm and return t Prime Real Estate, LLC. T (Name & Address f Emplyer): Name & Address f Applicant: Frm: Prime Real Estate, LLC Attn: Wrkfrce Husing Prgram 1 Elmcrft Rad, Suite 500 Stamfrd, CT I hereby authrize release f my emplyment infrmatin. Signature TO BE COMPLETED BY EMPLOYER: Present Jb Title: Presently Emplyed? Yes: N Term : s f Emplyment: t Seasnal Part Time Full Time Current Base Pay: Annual Earnings: T Past Year Mnthly Base Pay Semi Mnthly Overtime Weekly Tips Hurly Cmmissin/Bnus Grss Earnings Previus Year: Grss Earnings Year t : Indicate Future Raised and when due: Average Hurs Wrked per week: Average vertime hurs wrked YTD: Miscellaneus Ntes: Signature f Emplyer r Agent fr Emplyer Title
6 Wrkfrce Husing Asset Verificatin Applicant: Please cmplete the tp prtin f this frm and submit t yur applicatin, ur leasing ffice will cntact yur bank. Financial Institutin: Please cmplete the lwer prtin f this frm and return t Prime Real Estate, LLC. T (Name & Address f Financial Institutin): Name & Address f Applicant: Frm: Prime Real Estate, LLC Attn: Wrkfrce Husing Prgram 1 Elmcrft Rad, Suit 500 Stamfrd, CT I hereby authrize release f my financial infrmatin. Signature TO BE COMPLETED BY FINANCIAL INSTITUTION: TYPE OF ACCOUNT ACCOUNT # CURRENT BALANCE AVG. BALANCE FOR PREVIOUS 6 MONTHS DATE OPENED DATE CLOSED Ntes: Signature f Bank Official Title
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