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White Logo at Falkland Chase, Silver Spring, 20910

Affordable Housing

Affordable Housing

Affordable housing is for individuals in all industries and positions to have the ability to find attainable housing. Please review the application checklist below prior to submitting an application. We are an Equal Housing Opportunity provider and seek to process all applicants in a fair and consistent manner.

ARE YOU A QUALIFIED APPLICANT?

Any applicant or household living in one of these apartment homes can earn up to the following annual incomes. Please use the below guidelines to identify homes that best fit your approved income limit.

Your annual household income must fall at or below the limits stated within the 40%, 60%, and 65% Area Median Income (AMI).

Maximum Income Limits by Number of Occupants

AMI 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
40% $45,920 $52,480 $59,040 $65,560 $70,840 $76,080
60% $68,880 $78,720 $88,560 $98,340 $106,260 $114,120
65% $74,620 $85,280 $95,940 $106,535 $115,115 $123,630

*Please call for any additional details on acceptable proof of income.

The following documentation will be required (no photocopies allowed) before your application can be processed and again, annually upon renewal:

  • Valid passport, drivers license, or personal identification card for every household member 18 years and older.
  • Two months of consecutive pay stubs, bonus and overtime will be calculated as part of the income.
  • Award letter or verification form for any social security benefits, SSI, pension funds, child support, etc.
  • Asset - If total value is under $50k, then self-certification/attestation is sufficient. If over $50k, provide (2) bank statements.
  • All full-time student households are not permitted unless one of the student exceptions are met.
  • Affordable housing lease terms are for 12 months.

IMPORTANT INFORMATION! Apartments will be monitored for compliance with applicable income and eligibility requirements and are subject to other restrictions. Residents are subject to annual re-certification.