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Certain apartments at Akin are designated as inclusionary, with federal funds specifically allocated for this kind of housing.
We commit to maintaining low rent levels over an extended period and pledge to lease these units exclusively to the intended target households.
The Federal Department of Housing and Urban Development (HUD) annually releases the income thresholds required for eligibility.
Here are a few of the steps in determining income eligibility. This is not meant to be a complete list. Contact our leasing staff for more details.
Income includes, but is not limited to:
You will need to fill out forms providing details about your household income, family makeup, student status, and financial assets. This information will help the office team assess your eligibility. The office staff is available to support you throughout the application process.
Once you have moved in, the staff will annually need to reconfirm your household's income and check your household's student status.
This building undergoes more inspections than typical ones. Public agencies and private investors who finance the inclusionary rents require these checks to ensure that we are managing their investments responsibly. Each year, they conduct reviews of your records, assess the building's condition, and inspect a certain proportion of the apartments.
The following units at Akin have been designated as inclusionary.
