Resident Selection Criteria
General Eligibility Criteria: All applicants must meet the requirements within the Resident Selection Criteria. The Resident Selection Criteria is used to demonstrate the applicant’s suitability as a resident, using verified information on current and past behavior to document the applicant’s ability (either alone or with assistance), to comply with the rules governing tenancy. Revisions of the Resident Selection Criterion may be implemented from time to time. A copy of the current Resident Selection Criteria can be obtained from the leasing office and a copy will be given to each applicant before their application is processed.
General Rental Standards:
- Equal Housing: Columbia Residential will offer to rent to qualified persons regardless of age (except when age is related to eligibility), race, color, sexual orientation, gender identity, religion, national origin, creed, handicap, mental or physical disability, marital status, or familial status in compliance with all federal, state, and local laws.
- Credit: All applicants are subject to approval through a third party applicant screening agency. Approvals of all applicants are based on an empirical system and the primary criterion used to determine rental decisions is a statistically based Leasing Desk Score. A Leasing Desk Score of 0-349 Fail and 350-1000 Pass. In addition to the Leasing Desk Score, eviction(s) within the past forty-eight (48) months will not be approved; discharged bankruptcy judgements or foreclosures within the prior twenty-four (24) return as conditional, and must have their credit report reviewed by Management. Previous landlord debt or unpaid utility account balances must be paid in full in order to be considered for conditional approval. Should any applicant be approved with conditions, an additional security deposit is required. No additional deposit required for PHA applicants.
- Criminal Background Check: All applicants eighteen years old or over must successfully pass an investigative criminal background check. Parents/guardians of minors (under the age of 18) must also certify that the minor household members do not have a criminal record. Misdemeanors and Felonies are scored using the same criterion, under a 10 year look back period. With the exception of crimes against people, children, and society, including weapon & Felony drug charges, the look back period is indefinite, all years.
- Prior Landlord Reference: An applicant who meets the income and credit & background qualifications may be disqualified based on a poor reference from a prior landlord. A poor reference would consist of 1) later rent payment three (3) times during past twelve (12) months; (2) a resident being evicted in the past forty-eight months (48) or asked to leave for non-payment of rent or violation of rental policy; or (3) a statement from the prior landlord that they would not re-rent to the applicant because of undesirable characteristics such as loud music, fighting or not obeying apartment rules and regulations. Applicants cannot have any outstanding judgements from another apartment community. Applicant must provide evidence that the judgement is paid.
- Minimum Income Requirements: (1) Applicants 18-67 must be employed or provide proof of anticipated employment, unless disabled, or participating in an approved special needs program. The household must have a gross income of 2.5 times the resident paid rental rate. (2) Elderly Applicants 62+: Gross income must be 2 times the resident paid rent.
- Public Housing Units: Applicants must adhere to the Work Requirement guidelines as follow:
- Unless Disabled, applicants 18 – 61 years of age must be legally employed with verifiable income and working a minimum of twenty (20) hours a week at all times while participating in the Public Housing Program (PHA) or PBV (PBRA) subsidy programs.
- IDENTIFICATION: All Applicants eighteen (18) or older must present picture identification (ID) issued by local, state, or federal government agency, (i.e., driver’s license, valid passport, travel visa, etc.) Applicants must also provide a US issued Social Security card for credit screening purposes. If a Social Security card has not been obtained, an individual Taxpayer Identification Number (RIN) may be considered. All provided forms of identification must be valid through the term of the lease.
- Rejected Applications: If an applicant fails to meet the eligibility requirements as described in the Resident Selection Criteria, a letter disclosing the reason for denial will be mailed. Applicants had the right to submit a written appeal to management for potential reconsideration within 14 days of denial. Applicants must provide proof of reformation. Falsification of any part of the application and/or providing false documents or statements, will not be reconsidered.
- Application Process: Applicants eighteen (18) or older must complete an application for and report all household income & assets. Completed applications will be reviewed for eligibility under the applicable housing program(s). All applicants must confirm that there has been no change to household status (i.e., income, assets, occupancy, etc.) declared on the application as of the date of the effective date of the lease. An applicant’s credit, criminal background, income, and rental history are part of the household’s overall score of which determines a pass, fail or conditional decision.