The Summit
Studios / Very low 50% AMI
OPPORTUNITY #743
3 Units - Studio / 1 bath
#406 - no longer available
#415 - $1,134
#425 - $1,134
Approx. 390 Sq. Ft
Occupancy Standard: Minimum Household size 1, Maximum 2 people (confirmed)
Property Designated AMI: Very Low Income, Up to 50%
Step 1. Contact Aleah at The Summit to complete a tenant screening for all adult household members (credit, background, etc). The Summit manages its own waitlist for the two units left: #415 & #425.
Aleah Barrientes
Community Manager
P: 805.439.2554
aleah.barrientes@AssetLiving.com
Step 2: The property will submit the names of applicants who passed the Summit’s Tenant Screening to HouseKeys for Program Eligibility review.
Step 3. HouseKeys will request the initial file from the applicant to ensure that the applicant qualifies for the BMR Rental Program.
Initial items that will be requested can be found here: Minimum Documents Checklist — HouseKeys
Applicants must pass BOTH the Tennant Screening at The Summit and HouseKeys’ Program Underwriting before signing a lease.
Household and Income Restrictions
These BMR Units have household and income restrictions. Applicants must meet the landlord's/property manager criteria and all the BMR program eligibility and qualification requirements before moving into a BMR rental unit. There will be an annual compliance certification each year to confirm continued program eligibility and qualification. During the annual compliance certification, the tenant/household will have to resubmit a complete application, income, asset documentation, and other information in a timely manner. HouseKeys and the landlord will determine if the household still qualifies for the program. If the household exceeds the income limits and no longer qualifies for the program, a notice to vacate the unit will be issued by the Property Manager/Landlord depending on the Apartment Complex you applied for.
