Capistry Town Home Apartments - Marshfield
Capistry Town Homes (CTH) is an equal opportunity housing provider and will not discriminate because of race, color, religion, sex, handicap, family status, national origin, sexual orientation or gender identity. The Capistry Town Homes also complies with all applicable Federal, State and local statutes and ordinances with respect to the Fair Housing and discrimination.
· All applicants listed on the application must meet HUD established income limits for total household income not greater than 30% of the County Median Income (CMI) limits.
· Application must be complete with no unanswered questions, if the application is incomplete the applicant is denied due to being an incomplete application
· Application is date and time stamped immediately upon its receipt in the Marshfield office location and placed on the waiting list
· If there is not at waiting list at time of vacancy NCCAP will select the next applicant on a first come first serve basis who meets the eligibility criteria
· NCCAP does conduct a criminal, rental and eviction history check with information provided from application of previous landlords, the Circuit Court Access system and with local police department of last known address
Waiting List Requirement
· Completed application
· Established by date and time, oldest applicant first and then working to the newest applicant
· Established income eligibility (income below 30% of CMI)
· Rental, Eviction, and Criminal history check is favorable
· Homelessness becomes a priority over anyone on the waiting list
· Any applicant that is homeless and put on waiting list should be updated within 30 days of original application and the priority is re-determined
· The rent and utilities do not exceed 50% of the 65% Rent Limit of the most current HUD/HOME Fair Market Rent.
Income Eligibility and Calculation
· Income is a projection from the previous 6 months income to establish an annual adjusted gross income
· The adjusted gross income must be below 30% of the current CMI level
· The income is assessed annually upon the renewal of the 12 month lease
· If a tenant’s income increases above 30% but not over 80% CMI level the unit becomes temporarily out of compliance
· Termination of a tenant cannot be based solely on income
· If the tenants monthly adjusted income increases above 30% CMI the Tenants rent will be adjusted as soon as the lease permits to 30% of the Families adjusted monthly income, the rent adjustment will stay in place until tenant vacates the unit or income decrease below the 30% CMI
Utilization of a 12-month lease signed by the tenant and the owner
Tenant will be notified by CTH agent 60 days prior to lease expiring that they will need to renew their lease or if there will be a non-renewal of the lease.
Terms of Tenancy and Termination
The Tenant will reside in the contract unit
The Tenant will notify CTH Agency of any changes in the household composition immediately
Tenant may not sublease or transfer the unit
Rent to owner may not exceed the amount approved by NCCAP in accordance of the current HUD/HOME Fair Market
Rents Method Payment:
All rent payments by tenant are paid directly to the owner NCCAP.
NCCAP will hold Security Deposits until tenant vacates the apartment and a positive move out inspection has been concluded.