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Qualifications and Income Guidelines

Affordable Housing Program

Parks Edge Apartments offers affordable housing options through the Low-Income Housing Tax Credit (LIHTC) program. This program provides quality housing at reduced rental rates for eligible low to moderate-income households.

Qualifications and Income Guidelines

INCOME LIMITS

To qualify for our affordable housing program, your household income must not exceed the following limits based on the number of people in your household:

Income Limit Category 1 Person 2 Person 3 Person 4 Person 5 Person6 Person7 Person
40% AMI Income Limits $38,760 $44,280 $49,800 $55,320 $59,760$64,200$68,600
50% AMI Income Limits $48,450 $55,350 $62,250$69,150 $74,700$80,250$85,750

REQUIRED DOCUMENTATION

If you are interested in applying for one of our apartment homes, we require the following documents at the time of application. Each household may differ and could require additional documentation. Our team will contact you after your application is submitted if anything further is needed. Your timely response will help avoid delays.

Valid, unexpired photo ID
For all adults age 18 and older
Birth certificates
For all minors age 17 and under
Proof of Housing Choice Voucher
If applicable
Federal income tax return
Required for all self-employed applicants
Four (4) most recent pay stubs
Must be consecutive and current
Most recently dated statements/documents from:
  • Child support
  • Alimony
  • Social Security benefits
  • Veterans benefits
  • Unemployment benefits
  • Pension and/or retirement income
  • Disability income
  • Regular gifts or contributions from persons not in the household
  • Public assistance
  • Any other income not listed above
Self-declaration of assets affidavit
Required for all households
Asset verification documents
If additional documentation is requested

HAVE QUESTIONS?

Our leasing team is here to help you understand our qualification requirements and guide you through the application process.

Contact Us