Application Cover Sheet

Transcription

1 Application Cover Sheet Belmar Apartments 1725 Ocean Ave, Santa Monica, Ca Thank you for your interest in Belmar Apartments, a new affordable housing community featuring 158 beautiful Studio, 1, 2 and 3 BR apartment homes. Amenities will include on site subterranean parking, steps from the new Tongva Park, bike storage, outdoor lounge and BBQ grills, community room, fitness center, computer lab, and on site professional management. Please complete the attached Application for Occupancy. Please note that all adult applicants must sign and date the application. Please mail a fully completed application to: BELMAR APARTMENTS P.O. BOX 7250 SANTA MONICA, CA Applications received will be selected utilizing a random lottery process and will then be dated, numbered and logged in the order that they are opened. APPLICATIONS MUST BE POSTMARKED NO LATER THAN JANUARY 2, 2014 TO BE INCLUDED IN THE LOTTERY. Ten studio units have been set aside for Artists as Live/Work units. Eligibility is determined by household size and income for all units. Maximum income limits apply up to 60% of the Area Median Income. Household Size Bedroom Size Rents * Household Income Limits * 1 or 2 persons Studio (Live/Work Unit) From $439 to $888 From $13,440 to $39,780 1 or 2 persons One Bedroom From $468 to $949 From $14,400 to $39,780 2 to 4 persons Two Bedrooms From $561 to $1138 From $17,280 to $49,680 4 to 6 persons Three Bedrooms From $648 to $1314 From $19,980 to $57,660 * NOTE: Income Limits and Rents are subject to change based on area median income data when published by HUD. A copy of our rental screening criteria has been included on the reverse side of this cover sheet. EQUAL HOUSING OPPORTUNITY

2 Rental Selection Criteria Effective December 3, 2013 CREDIT HISTORY The first step in the application process is a credit report which will be processed on each adult applicant. The credit report will be part of a scoring model. Approval will be based on the indicators of future rent payment performance. A positive credit score must be obtained for the approval process to continue. CRIMINAL BACKGROUND Applicants acknowledge that a criminal background check of all adult household members will be part of the application process. INCOME Applicant(s) must have a verifiable source of income that when combined the gross amount is equal to a minimum of 2.5 times the monthly rent. The minimum income requirement is waived for Section 8 voucher holders as rent will be calculated based on the household gross monthly income. PROOF OF INCOME When applying, it is the obligation of the applicant(s) to provide proof of all household income. For employment we require copies of the last 3 months of paycheck stubs; or job offer letter stating the start date and salary on company letterhead. For self employed individuals the previous two year s of filed tax returns, Schedule C and 1099 s. RENTAL HISTORY Applicants must provide cancelled checks or rental payment receipts/payment history for the past 6 months. We will verify rental history for the last 3 years and will only verify with a landlord, apartment community or mortgage company, (including a prompt payment record and compliance with all community policies). CONDITIONAL APPROVAL An Additional Deposit will be required if the credit score is in the conditional approval range. AUTOMATIC DENIAL FOR RESIDENCY An Applicant will automatically be denied for the following reasons: Inappropriate household size for the unit Total household income exceeds the applicable income limits published by HUD or does not meet the minimum income limit. Insufficient points on our credit scoring model. Anyone currently in the process of filing a bankruptcy or with a bankruptcy filed in the past 12 months. History of late payment of rent that demonstrates more than 2 late rental payments per year of residency or more than 1 returned check (NSF) in a one year period. Any evictions by a previous landlord in the past three years. Any unresolved debts to a landlord or mortgage holder, (unless debt is paid prior to approval of rental application). Negative landlord reference(s). Rental applicants who have been convicted of one or more criminal offenses involving fraud, violence, sexual offenses, drug related activity, injury to person or damage to property, including, without limitation, homicide, battery and assault, sexual assault, possession or sale of an illegal substance, burglary or theft, illegal possession or sale of weapons, or any other activity that may threaten the health, life, safety of any individual. Rental applicants who have pleaded guilty or no contest to one or more of such criminal offenses. Rental applicants who have had one or more of such criminal offenses disposed of other than by an acquittal or finding of not guilty. Household cannot pay the full security deposit at move in. Household refuses to accept the second offer of an apartment. Providing or submitting false or untrue information on your application or failure to cooperate in any way with the verification process. Household fails to respond to interview letters or otherwise fails to cooperate with the certification process or failure to sign consent forms. ANY adult household members fail to attend eligibility interview. Household is composed entirely of full time students and does not meet the exceptions outlined in Section 42 of the Internal Revenue Code. Applicant has failed to provide adequate verification of income or we are unable to adequately verify income and/or income sources. Unit assignment will NOT be the family s sole place of residency. Family members, age 6+ failed to provide proof of a social security number or refused to certify that they have never been assigned a number. GRIEVANCE/APPEAL PROCESS Failure to meet one or more of the foregoing screening criteria may be grounds for rejection, however, each application is considered as a whole and the above factors are considered as part of a weighted formula. Should the applicants fail to meet the screening criteria, they will receive a notice in writing indicating that they have the right to appeal the decision. This notice must indicate that the applicant has 14 days to dispute the decision. EQUAL HOUSING OPPORTUNITY

3 Application For Occupancy BELMAR APARTMENTS P.O. BOX 7250 SANTA MONICA, CA A Smoke Free Community For office use only received Application # W/L: This information is to be filled out by the head of the household. Please complete all sections and have all applicants age 18 and older sign the last page. Name: Street Address/Apt #: City, State: Zip Code: Home Phone: Work Phone: Address: Check what size units you would want to be considered for: Studio (Artist Live/Work) One Bedroom Two Bedroom Three Bedroom Please indicate if you are requesting a unit with special accommodations for any member of your household due to: Mobility Disability Housing Status Name & Address of Present Landlord: City, State: Zip Code: Name & Address of Managing Agent: City, State: Zip Code: Landlord Telephone Number: Managing Agent Telephone Number: Is the apartment lease in your name? Yes No Are you sharing your apartment? Yes No Is your landlord a relative? Yes No Monthly rent: $ How much do you contribute to the monthly rent? $ (If you do not contribute anything, write 0 ) How long have you lived at this address? years months Do you pay your own rent? Reasons for wanting to move? Yes No If not, who does? Does your rent include utilities? Yes No Average monthly utility expenses: $ Please check the size of your current residence: Studio 1-Bedroom 2-Bedroom 3-Bedroom Other: Do you currently have a Section 8 voucher? Yes No List your prior landlord information below if you have lived at your current address for less than 3 years: Previous Landlord/ Name and Address Telephone Number Previous Managing Agent Name: Reason for moving: How long did you live at this address? Previous rent per month:

4 Household Information List all persons who will occupy the apartment, including yourself and persons anticipated to join the household (e.g., unborn child/children of expectant household members, children to be adopted, etc): 1 Full Name Relationship to Head-of- Household HEAD OF HOUSEHOLD Sex Birth date Last 4 Digits Social Security # Income from Employment List all current full- and/or part-time employment income for all household members. (Include self-employment gross earnings and net taxable income.) See below for non-employment sources of income. Household Member Occupation Name and Address of Employer Length of Employment Gross Earnings Before Any Payroll Deductions and Taxes $ /Per Or hourly rate $ # hours/per week $ /Per Or hourly rate $ # hours/per week $ /Per Or hourly rate $ # hours/per week Income from Other Sources (Examples: List all Social Security, S.S.I., AFDC/TANF, pension, disability compensation, Armed Forces regular and special pay, unemployment compensation, alimony, child support, annuities, dividends, income from rental property, recurring monetary contributions, interest income, babysitting, care-taking, scholarships, and/or grants etc., ALSO ANY OTHER SOURCE OF INCOME NOT PREVIOUSLY LISTED): Household Member Type of Income Amount

5 Assets Complete each category as applicable. Checking Account Balance/: Checking Account #2 Balance/: Stocks and Bonds Value: $ Do you receive any income (either earned and/or unearned) in the form of a prepaid debit card? Yes No Do you own any real estate? Yes No Have you ever owned any real estate? Yes No Has any adult family member sold, given away, or otherwise disposed of any assets during the past two years? Yes No Educational Background 1) List all persons who attend school presently: Savings Account Balance/: 401k / Other Retirement Account Balance/: Other Assets: : (please describe) $ Balance/: $ / as of If yes, what is the current value? If yes, when? When sold? For how much? If yes, list each asset and the amount received for each asset. Household member School Name/Address Major Full or Part time ) Complete for all other household members: Household member Did you complete High School or equivalent? Did you complete College or equivalent? Major/Field Highest Grade level completed or degree received Program Information Do you presently reside in a development where your rent is based upon your income? Yes No If yes, explain: How did you hear about our development? Why are you applying to our development? Were you or any member of your household ever convicted of a felony? Yes No Have you or any member of your household ever been evicted? Yes No Has anyone in your household been convicted of violating any drug-related laws? Yes No If yes, when? Explain circumstances briefly. If yes, when? Explain circumstances briefly. If yes, when? Explain circumstances briefly.

6 Additional Information Do you currently live in the City of Santa Monica, California? Yes No Have you been displaced or face permanent displacement from housing in the City of Santa Monica, California? Yes No Are you an Artist (see definition below) Yes No Is any household member currently employed in the City of Santa Monica, California and working at least 36 hours per week? Yes No Was any household member previously employed in the City of Santa Monica, California and currently receiving unemployment, worker s compensation or vocational rehabilitation benefits, disability benefits or retirement benefits? Yes No Is any household member currently enrolled in a job training program in the City of Santa Monica, California? Yes No "Artist" means a person who is recognized by critics and peers and has verifiable training and/or a reputation and credentials and works in one or more of the following areas: 1. A person who works in or is skilled in any of the fine arts, including but not limited to painting, drawing, sculpture, book arts, and print making 2. A person who creates imaginative works of aesthetic value, including but not limited to literature, poetry, play writing, film, video, digital media works, literature, costume design, photography, architecture, music composition and conceptual art 3. A person who creates functional art, including but not limited to jewelry, rugs, decorative screens and grates, furniture, pottery, toys and quilts 4. A performer, including but not limited to singers, musicians, dancers, actors and performance artists. I acknowledge that a criminal background check of all adult household members will be part of the application process and I authorize it. Signature of Head of Household I DECLARE THAT THE STATEMENTS CONTAINED IN THIS APPLICATION ARE TRUE AND COMPLETE TO THE BEST OF MY KNOWLEDGE. Signature of Head of Household: Signature of Other Adult Member: Signature of Other Adult Member: Signature of Other Adult Member: WARNING: MISLEADING WILLFUL FALSE STATEMENTS, MISREPRESENTATIONS, OR INCOMPLETE INFORMATION IN THIS APPLICATION WILL BE GROUNDS FOR REJECTION OF THIS APPLICATION. Attention Duplicate applications or applications submitted by more than one household member will not be accepted. The filing of this application in no way guarantees you an apartment. Positively no pets, large appliances, or waterbeds are permitted without the owner s prior written approval and signed agreement. We do not insure your personal property; we encourage you to purchase renter s insurance for your personal belongings. Belmar Apartments is a Smoke Free Community. No smoking within 25 of any buildings.