The Continental Residences feature 290 homes of which half are reserved for households making less than 80% of area median income. Qualification for reserved affordable housing includes verification that applicant’s household income level must not exceed 60- 80% of the area median income, divided by twelve. When browsing our on-line floor plans, apartments labeled with -60 or -80 require meeting the affordable housing guidelines.
INCOME RESTRICTIONS
Minimum gross income to qualify is 2.5 times the amount of the monthly rent.
Maximum annual household income for 60% units is $57,960.
Maximum annual household income for 80% units is $77,280.
In order to complete your application, the following items must be provided:
FEES
- Application Fee: $55
- Admin Fee: $150
DOCUMENTATION
- A driver’s license or another form of identification
- Proof of income – up to eight (8) weeks of most recent consecutive paycheck stubs, or proof of retirement or benefit income
- The most recent two (2) months of bank statements
- Employment verification
- Child support verification
*There may be additional items needed that relate to your specific situation. We appreciate your cooperation in providing this documentation in order to process your application quickly.
Lat's chat! we are happy to discuss your household needs and help determine your eligibility.