This is a brief description of the Resident Selection Criteria; further information is available upon request. Note that properties or certain units may have additional restrictions and Aeon Management LLC encourages applicants to review the Resident Selection Criteria or discuss questions with the property staff. The complete selection criteria also includes further details regarding applicants with a verified 3rd party subsidy (like a Section 8 Voucher) paying any portion of rent, or applicants that are applying for a unit in which utilities are owner paid.
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Aeon Management LLC checks for the following:
Living History. Applicants may be denied if they owe money to previous landlords or owe money to utility companies as indicated on the Credit Report. Applicants may be denied if they have an Eviction Action within the past 12 months from application date.
Criminal History. Criminal history that would adversely affect the health, safety, or welfare of other residents or the viability of the property is not allowed. See complete Resident Selection Criteria for Criminal Criteria.
Income. Applicants must have gross (pre-tax) income equal to or above two and a half times (2.5x) the rent (a Section 8 voucher or comparable subsidy source also may be acceptable). In addition, applicants must meet income restrictions for funding programs where applicable. See complete Resident Selection Criteria document for the specific income limit for your household size.
Student Status/Homeless Requirements. Applicants must meet student status requirements, as applicable to the funding program on the unit. Additionally, if applicable to the funding program on the unit, applicants must meet homeless requirements. For HOME units only, applicants must meet student status requirements, as applicable to the funding program on the unit.
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* Based on 60%
1 Person per Household - $52,200
2 People per Household - $59,640
3 People per Household - $67,080
4 People per Household - $74,520
5 People per Household - $80,520
6 People per Household - $86,460
7 People per Household - $92,460
8 People per Household - $98,400
Each unit at Aeon’s properties has an assigned income limit between 30% - 80%. Confirm with the site staff on the applicable income limit for the unit you are applying for. The chart lists the maximum income limit, based on the limit for the unit combined with the household size of the household applying.
Please Note: Maximum income limits do not apply to units designated as Market Rate units. Some units may have HOME funds and carry additional income restrictions. Reach out to property staff for more information.
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The application fee is $30.00 per adult. The application fee must be paid prior to application being accepted. Please note that your application fee is non-refundable. Aeon Management LLC only returns application fees in the rare occurrence that you are rejected for reasons other than stated in our Resident Selection Criteria. Applicants must also pay a Hold Fee once application screening is approved. This Hold Fee will be applied toward the security deposit when the applicant moves into the development. The Hold Fee will only be returned if the applicant(s) does not income qualify or is otherwise denied for housing.
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All adult applicants must provide a photo ID. Please advise your employer that Aeon Management LLC will be faxing or mailing income verifications. Advise your employer to complete the forms immediately
Each unit at Aeon’s properties has an assigned income limit between 30% - 80%. Confirm with the site staff on the applicable income limit for the unit you are applying for. The chart below lists the maximum income limit, based on the limit for the unit combined with the household size of the household applying.