Riverside Homes Selection Criteria

RIVERSIDE HOMES SELECTION CRITERIA

Mutual Management Company is a fair housing provider. We do not discriminate against persons on the basis of race, color, religion, national origin, sex, familial status, disability, creed, marital status, public assistance, ancestry, or sexual orientation.

APPLICATION REQUIREMENTS

Each adult must complete an application and be screened. Applications must be filled out completely and accurately. Information must be legible and verifiable. An incomplete application may be rejected or not processed. Any misstatements or omissions on your application, intentional or unintentional, whether or not it is discovered before you move into a building, is grounds for denial of an application or termination of an existing lease. If information given on the application cannot be checked and verified, this is a reason for rejection. Omission of information requested may be grounds for rejection.

IDENTIFICATION REQUIREMENTS

Each adult must provide the following: State issued ID AND original social security card.

Section 8 applicants must also provide: Original birth certificates for each person 17 and younger AND proof of citizenchip or eligible non-citizenship (birth certificate, I-94, Certificate of Naturalization, alien card, etc)

Photocopies and faxes will not be accepted.

HOUSING HISTORY

All applicants must have a positive housing history. We require the name and last known telephone number of each landlord/property manager/mortgage company for EACH address that you have had for the past three years (whether or not you were on the lease). Roommate referrals are not acceptable. If the applicant or any member of the applicant houshold fails to fully and accurately disclose rental history, the application may be denied based on the applican’s “misrepresentation” of information. The refusal of a landlord to give a reference, the non-response of a landlord, or a negative reference may be grounds for rejection.  Unlawful detainers, evictions, and/or lease termination may be grounds for rejection.

CREDIT

All applicants must have a positive credit history. An adverse reference, high debt, past due or dishornored debt, or the absence of credit history may be grounds for rejection.

OCCUPANCY

Number of Bedrooms

Max # of people in household

Min. # of people in household (S8)

0

1

1

1

2

1

2

4

2

3

6

3

4

8

4

5

10

5

INCOME and Assets

All forms of income and assets will be third party verified, if third party verifications are unable to be obtained applicant maybe required to provide proof. Income from all sources must be sufficient to pay the rent and other predictable living expenses. To be counted as income, amounts must be verifiable, reliable, and predictable.  Maximum income guidelines apply to all applicants of Riverside Homes. Households over the income limits will be rejected.

# of people in household

Section 42 Income Limit

Section 8 Income Limit

1

$35,280

$29,400

2

$40,320

$33,600

3

$45,360

$37,800

4

$50,400

$41,950

5

$54,480

$45,350

6

$58,500

$48,700

UNIT TRANSFER POLICY

Unit transfers are processed in accordance with management company policies and the program requirements of the Section 42 and Section 8 programs attached to the Riverside Homes units.  These are detailed in each co-op’s Resident Handbook and in the  Lease Agreement that is initiated when you move into the property.   Resident Handbook’s are available upon request at the time of application

SECTION 8 WAITING LIST

Section 8 Waiting Lists for the property will be opened when it is determined that more applications are needed to fill units in a timely manner.  Current waiting list applicants will be sent updates annually to determine if they are still interested and eligible for Section 8 assistance.  Failure to return waiting list updates will result in your name being removed from the list and you will b e required to re-apply when the list re-opens.  To check on waiting list opening status 24/7 you can call 763-231-6435.

Current status as a HUD recipient

In addition, HUD provides the owner/agent with information about an applicant’s current status as a HUD housing assistance recipient. The owner/agent will use the Enterprise Income Verification System to determine if the applicant or any member of the applicant household is currently receiving HUD assistance. Nothing prohibits a HUD housing assistance recipient from applying to this property, however the applicant must move out of the current property and/or forfeit any voucher before HUD assistance on this property will begin. Sources of verifications may include the Enterprise Income Verification (EIV) System provided by HUD, the Department of Health & Human Services (HHS), the Social Security Administration (SSA), and Medicare/Medicaid.

CRIMINAL HISTORY

Applicants with any criminal history may be rejected.

STUDENTS

Households which consist entirely of full time students are NOT eligible for housing unless one of the following exemptions is met:

  • All members of the household are married and are qualified to file a joint tax return (proof required)
  • Household consists of single parents and their children and neither parent or children are dependent of another individual
  • At least one member of the household receives public assistance (AFDC, TANF, or MFIP),
  • At least one member of the household participates in the Job Training Partnership Act or other similar federal, state, or local program (including programs operating under the Workforce Investment Act and Dislocated Worker Program.
  • Household consists of at least one student who was previously under foster care within 5 years of move-in.
  • Project based Section 8 only units with no other subsidies or programs attached to unit a student who is independent of his/her parents, is of legal contract age under state law, has established a household separate from parents for at least one year prior to application for occupancy, cannot be claimed as a dependent by parents and must be able to obtain a certification of the amount of financial assistance that will be provided by parents.

APPLICATION FEES

Each adult will be charged a non-refundable application fee of $35.00. This must be paid with a personal check (of applicant, no third party checks) or money order. A pre-lease deposit of $100.00 is also required before an application will be accepted. (The $35 app fee & $100 pre-lease deposit  does not pertain to Section 8 waiting list applicants). Section 8 applicants will be charged by the co-op a $10 credit report fee. IF ANY CHECKS FOR FEES AND/OR DEPOSITS ARE RETURNED FOR ANY REASON, THE APPLICATION WILL BE REJECTED and you will be charged a $25 fee per returned item.

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