.jpg)
Qualifications
About our program:
The Reserve at Everett provides rent-restricted housing for residents over the age of 55 whose income does not exceed the maximum allowable income for their household size.
The total annual income must be at or below the following income limits depending on the number of occupants in the household*.
| 1 Person | 2 People | 3 People | 4 People | |
|---|---|---|---|---|
| Annual Income Limit | $69,060 | $78,960 | $88,800 | $98,640 |
Qualifying for our community:
There are three parts of the application process that must be completed prior to being approved for move-in:
- Age verification and eligibility
- Screening application
- Resident Eligibility Application (REA)
Each part of the application process is outlined below:
Age verification and eligibility: All household members must be 55 years of age or older at the time of move-in. Each household member must provide documentation establishing their eligibility, including but not limited to a government-issued identification card.
Screening application: Each household member must have their age verified prior to completing a screening application. The screening application includes a credit, criminal, and landlord reference check. Please note that a screening fee of $17 per person will be due at the time of the application and is non-refundable. Prior to submitting your screening application, please review our screening criteria.
Resident Eligibility Application (REA): After the screening application is approved, all applicants will be required to complete an REA. This process ensures that the total household income does not exceed the maximum allowable income for their household size.
All sources and amounts of current and anticipated annual income expected during the twelve months after move-in must be collected, verified, and reviewed by our compliance department. The compliance team will review the REA and income verifications to certify eligibility with the program.
The compliance department has a legal responsibility to ensure that all residents comply with the maximum allowable income limits at the time of move-in and is required to annually re-certify each household.