Application fee: $75
Admin fee: $200 (This will be charged at the time of application approval).
Income verifications:
- Four weeks of most recent consecutive paycheck stubs.
- First pay stub of the year when GROSS and YTD amounts are the same.
- IRS form 1040 with schedule C for last 2 years (self-employed only).
- Social security award letter not more than 120 days old.
- Current statement of retirement or pension plan. 401k statement not more than 120 days old.
Income Requirements:
- Minimum Income – Gross income at least 2.5 times the amount of the monthly net rent.
- Maximum Income - $88,240 is the maximum income. 80% of the AMI in Dallas County is $110,300 ($110,300 x 80%); income limit is per household.
*Note: If approved, a deposit ($200 for one bedroom, $300 for 2 & 3 bedroom is due on move-in day. 1 month’s rent deposit is approved with conditions. Applicants with all forms of Rental Assistance are welcome.