Rental Acceptance Criteria

Market Rate and Subsidized Rental Acceptance Criteria

FAIR HOUSING STATEMENT

Greater Minnesota Management is a fair housing provider and does not discriminate against persons on the basis of race, religion, disability, national origin, sex, marital status, public assistance, disability, familial status, age, sexual orientation, gender identity, and victims of domestic violence.

APPLICATION REQUIREMENTS

Your application must be filled out completely and accurately. An incomplete application may be rejected or not processed. Any misstatements or omissions made on your application, whether or not discovered before you move into the building, is grounds for denial of an application or termination of an existing lease. Information must be legible and verifiable. Your application may be rejected if any requested information (such as an address or employer) on the application is omitted or cannot be verified.

BUSINESS RELATIONSHIP

The relationship between a landlord and tenant is a business relationship. A courteous and businesslike attitude is required from both parties. The Property reserves the right to refuse rental to anyone who is verbally abusive, swears, is disrespectful, makes threats, has been drinking, is argumentative, or in general displays an attitude at the time of the unit showing and application process that causes the Property to believe it would not have a positive business relationship.

OCCUPANCY STANDARDS

WAITING/INTEREST LIST

• Some Market Rate properties may have an "Interest List" and in the case of a vacancy, interested people will be contacted. The unit will be reserved (for up to 30 days) to the first person that secures it with a deposit, contingent upon application approval
• Subsidized property waitlists are managed per HUD standards

INCOME ELIGIBILITY

• Income from ALL sources must be verifiable and provided in a written form acceptable to the Property, including a pay stub, verification of income letter (on company letterhead), a letter of benefit assignments or tax statements of the applicant. Examples of income include, without limitation, all wages, salaries, tips, social security benefits, retirement, pension or savings accounts, stocks, bonds, child support or alimony payments, unemployment benefits or public assistance.
• Subsidized: The household must meet income restrictions that apply to their household size.
• Market Rate Housing: For General Occupancy application total combined gross monthly income from all sources must be at least 3 times the amount of monthly rent (i.e., $850 monthly rent x 3 = $2,550 monthly income) to be approved. If income falls between 2.5-3x the monthly rent will be considered with a higher security deposit equal to 2 times the standard deposit amount (this does not apply to market rate units within a subsidized housing property). For 55+ Properties, the total combined gross monthly income from all sources must be at least 2x the amount of monthly rent (i.e.: $850 monthly rent x 2 = $1,750 monthly income) to be approved.

CREDIT HISTORY

• Credit history will be weighed in conjunction with all other rental criteria. The Property reserves the right to deny any applicant based on a history of any delinquent credit activity, such as any open or recent bankruptcy filings, unpaid tax liens, collections, charge-offs, judgements, late payments, monies owed to a housing or utilities provider, etc.
• Medical bills are disregarded when considering one's credit worthiness, however it may impact income to rent formula.
• Insufficient credit history (no credit, thin credit file) will not be grounds for denial unless applicant withholds relevant credit information in bad faith.

RENTAL HISTORY

Must have good housing history. Reasons for denial may include, but are not limited to:

• Current or past evictions.
• Any outstanding balance owed by you to any previous or current landlord.
• A negative rental reference or a history of lease violations, including but not limited to: disruptive behavior, poor housekeeping, or any broken lease terms.

CRIMINAL HISTORY

A thorough criminal background check will be performed on all prospective applicants. Reasons for denial may include, but are not limited to:

• Applicants Registered as a Sex Offender
• Applicants on the OFAC Global Terrorist Watch List
• Drug related criminal activity
• Violent criminal activity
• Other criminal activity based on criminal conviction, such as the nature, severity, and time period of the criminal conduct.
• The existence of pending legal issues involving criminal activity.

PROPER IDENTIFICATION

• Applicants must show a Government Issued Photo Identification of the applicant to verify that the individual signing the application and lease is that person.
• Applicants that have any potential SSN fraud warnings come up during the screening process will be required to perform a CBSV verification of their identity.

APPLICATION FEE

Market Rate and USDA Rural Development Units: Payment of a $35 application fee per adult (18+) application is required at the time you apply for the apartment. THE APPLICATION FEE IS NON-REFUNDABLE unless the applicant is rejected for any reason not listed in the required disclosed criteria; or prior applicant is offered the unit and agrees to enter into a rental agreement. This fee is not an obligation to rent an apartment nor is it a contractual agreement or guarantee that an apartment will be rented to the applicant.

NOTICE OF DENIAL

Applicants will be notified within 14-days of rejecting a rental application, identifying the criteria the applicant failed to meet.

SCREENING AGENCY

All applications are processed by Rental History Reports. Please direct all inquiries regarding your file to the following address:

Rental History Reports
7900 West 78th Street, Suite 400
Edina, MN 55439
Telephone (952) 545-3953 | (888) 389-4023
www.RentalHistoryReports.com

APPEALS

Applicants may request an appeal if background information is incorrect or to provide information on other mitigating circumstances.

• Appeals must be requested in writing by the applicant within 14 days of denial.
• Applicant will be notified of the outcome within 5 business days following the appeal meeting.