PRINCE GEORGE’S COUNTY INCOME AND RENT REQUIREMENTS

All individuals and family household income must be less than 80% Area Median Income (AMI) at the time of move in to qualify. The income limits and maximum rents allowed for most Affordable Rental Units in Prince George’s County are listed below as of May 2023. Maximum incomes are published annually by the Department of Housing and Urban Development (HUD).

Maximum Income Requirements


Income and Rent Requirements Image 3


Note: Maximum incomes allowed for residents of affordable rental units are based on the number of persons in the household, not on the size of the unit. Median Family Income shall mean the median income, adjusted for household size, as determined. 

Median Family Income shall mean the median income, adjusted for household size, as determined. All Greystar communities accept Section 8 Housing Choice Vouchers and Housing Grants.

All Greystar communities accept Section 8 Housing Choice Vouchers and Housing Grants.


Frequently Asked Questions

To assist you with your decision on your new home, we are providing answers to frequently asked questions regarding the qualification requirements for residency in this community.

At the time of application, what documents should I provide to determine eligibility?

To verify family household and to determine eligibility of the applicants, proof of identification and income is required. Each household differs and may require further documents than what is listed below. Our team will contact you after application submission if further documentation or clarification is needed. Your timely response to documentation requests will prevent any potential delays in the processing of your application.

Identification
  • Valid Government-Issued Photo ID
Proof of Income (Which May Include the Following):
  • Recent Tax Returns
  • Most Recent W-2
  • Two (2) pay stubs
  • Employer verification
    • Written Verification
      • Letter from employer stating employee amount/pay period
        • For grad students who earn a stipend but are not actual employees of a university, this letter can come from the University stating their annual stipend
      • Employer Verbal Verification 
        • Call directly with third party (employer) to verbally verify income 
          • If this is used to verify income, the resident file should be noted with the details of the call (date/time of call, person who verified, what $ income was verified)
  • Self employed verification
    • Tax returns (if available)
      • If not available, would need to complete a Self Employment Affidavit
What kind of income should I report?

You must report all income that anyone in your household receives. This information is then reviewed by our team, and it is required that you provide documentation to verify all income. 

What are the required fees to apply for this community?

To apply for an apartment home, we require a $25 application fee and a $250 administrative fee totaling $275.

Is a credit and criminal background screening required?

Yes, both are required. We obtain a credit report on each applicant. Our credit reporting agency evaluates credit (which may include rent payment history) as an indicator of future rent payment performance. An unsatisfactory or insufficient finding will result in the requirement of an additional deposit, guarantor, or denial. Applicants are responsible for ensuring their credit history is accurate.  

We also obtain a criminal background check on each applicant who will reside in the apartment home. It is possible your application will be denied due to criminal convictions.

What if I have an adult dependent that will reside in the apartment home?

If there is a person aged 18 or older who will reside in the apartment home but who will not be executing the lease documents, that person will need to qualify as an “Adult Dependent.” To qualify someone as an Adult Dependent, you must execute the Adult Dependent Certification, and the proposed Adult Dependent must be approved through our regular criminal background check process. The leaseholder(s) will be responsible for ensuring that the Adult Dependent complies with all community rules and requirements in the lease documents, but the Adult Dependent will not be financially obligated to pay rent or other amounts due under the lease documents.

What size unit do I qualify for?

The following occupancy standards apply based on two persons per bedroom, plus one per apartment home. The maximum income allowed for tenants of affordable rental units is based on the number of persons in the household, not on the size of the unit.

  1. Gross maximum 80% AMI rent limit as of May 2023
  2. Net (inclusive of Utility allowance) maximum 80% AMI maximum rent limit as of May 2023
What is the utility allowance and how is it determined?

The utility allowance is an amount used to determine the average utility bills for a specific area based on unit size. The utility allowance is used to calculate the gross rent for the family’s unit. The gross rent is the sum of the rent to the owner plus an allowance for tenant-paid utilities, called the utility allowance. The allowance is intended to reflect “typical” utility costs, not actual bills or costs paid by an individual household. The utility allowance would cover utilities such as electric, gas, oil, water, sewer, and trash. Please note that all utility accounts at the time of move in would need to be placed in the household’s name.