Affordable Housing at The Residences at Pacific City

The Program requires that all applicants complete a Tenant Income Certification Form at both Initial Certification and Annual Recertification and provide the following income documents. Additional documents may be requested if needed to determine eligibility. We also require a minimum of 2.8 times the monthly rent to qualify.

• Paycheck stubs from the three (3) most recent months from every employer for each employed member of the household.

• If employed and paystubs are not available, we will consider other sources of employment verification, subject to additional documentation and a signed Self Employment Affidavit.

• Three (3) months of bank statements – all pages from every account. Additional explanation may be required for certain deposits.

• Account statement reflecting household assets (e.g., savings accounts, stocks, interest-bearing checking accounts). Note: 10% of all household assets over $5,000 are added to your annual gross income.

• Signed copies of the two (2) most recent income tax returns. If not filed, an IRS confirmation letter is required. Assistance can be provided to obtain this.

• If receiving other benefits (e.g., Social Security, Disability, Child Support, Alimony, Royalties, Pension, etc.), additional documents may be requested.