REQUIREMENTS TO LEASE AN LPPM APARTMENT

  • Applicant must show income of 40 TIMES THE MONTHLY RENT (may be combined among multiple applicants)

  • Guarantor must show income of 80 TIMES THE MONTHLY RENT (may NOT be combined with applicant)

  • Application package must be submitted in full as detailed below.  Only COMPLETE applications will be reviewed and considered for tenancy.

  • An application will NOT remove an apartment from the market.

IN ORDER TO PROCESS YOUR APPLICATION YOU MUST PROVIDE: 

1 - Completed and Signed application by applicants (and guarantor(s) if necessary)

CLICK HERE TO DOWNLOAD THE APPLICATION

2 - $50.00 Non-refundable processing fee per adult applicant and per guarantor (Money  order  or  cashier’s  check  ONLY!)

 

3 - Driver’s  License  or  Photo  ID (18 & over)

 

4 - Social Security Card

 

5 - Financial Statement – First Page (Checking, Savings and/or other assets)

 

6 - Previous year tax returns (First Page) with a copy of the W2.

 

7. - Proof of Employment (official documented income)

 

If you work for a company:

  • Letter on company letterhead including length of employment, salary & position

  • Last 4 paystubs (If paid weekly)

  • Last 2 paystubs (if paid bi-weekly or semi-monthly

 

If you are Self Employed:

 1. Previous 3 years tax returns

2. Notarized Letter from your accountant on his/her company letterhead verifying:

          A. Nature of the business

 

          B. Length of employment 

 

          C. Income holdings

 

          D. Projected annual income expected for the current year and upcoming year.

 

If You Are a CORPORATE APPLICANT:

CORPORATE APPLICANTS MUST SUBMIT A SEPARATE APPLICATION ALONG WITH:

  • $150.00 Non-refundable application fee

 

  • Corporate officer as a guarantor

 

  • Information of the company employee that will occupy the apartment

 

  • Certified Financial Statements

 

  • Corporate Tax Returns (two (2) most recent consecutive returns) 

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