Trinity Management Company
Statement of Rental Policy
 
FAIR HOUSING: We are committed to compliance with fair housing laws and do not engage in unlawful discrimination on the basis of race, color, religion, sex, national origin, familial status, disability or any other characteristic protected by law. We do reserve the right to have differences in policies at our different properties, and to treat some people differently than others, based on lawful criteria. Lawful reasons we may treat people differently include, but are not limited to: rental history, credit record, criminal history, income, illegal drug use, etc. Upon request, we will make reasonable accommodations to rules, policies, practices, or services, and allow reasonable physical modifications, when required to give persons with disabilities access to and use of our property. We may require execution of an addendum regarding the approval and implementation of accommodations or modifications and any restoration obligations. This is a good faith statement of our intent to abide by applicable fair housing laws. This statement is not intended to and does not expand, extend, or create any legal obligations, right, or remedy for us or for you beyond those independently imposed by applicable fair housing
 
APPLICATION SUBMITTAL AND RIGHT TO REVIEW LEASE: Before you submit an application or pay any fee(s) or security deposit(s), we recommend you review our lease form and any community policies that will be part of the lease. You may take as long as you like to do so. Set forth below are the general policies of Trinity Management Company that will be used in determining your eligibility for leasing. All applicants deemed an “adult” by the State of Arizona must complete an application.
 
MAXIMUM OCCUPANCY: 2 persons per bedroom plus 1
 
IDENTIFICATION: All adult applicants, aged 18 years or older, must produce an acceptable form of identification (official photo ID, drivers’ license, student ID card, a United States government or foreign government issued identification card). If Applicant has been issued a social security number or taxpayer identification number as part of its application, Applicant must provide Management with Applicant’s social security or taxpayer identification card.
 
LEGAL RESIDENCY: Proof of lawful residency in the United States is required at the time an application is submitted to Management. At least one member of Applicant’s household, identified as either a signatory to the lease agreement or an authorized occupant, must provide proof to Management of their status as a lawful resident of the United States. Applicant or a member of Applicant’s household that has been identified as an authorized occupant of the premises, must provide Management with an original of all documentation intended by Applicant to verify lawful residency. 
 
RENTAL HISTORY: Applicants must provide a verification of current (within the last one year) rental history or home ownership for a period of at least 6 months from an unbiased source. No established positive rental history or home-ownership, or rental history older than one year may require an additional deposit. If your only rental history is from a biased source (i.e., family member or relative), an additional deposit may be required.
 
INCOME: Current employment or other sources of income including, but not limited to social security, disability and retirement benefits are required. Self employed applicants must provide two years of tax returns.  Six consecutive pay stubs may be required if there is no third party verification of income provided.
Minimum income level:  2.0 times the rental rate. Student loans are not considered income. ­
Maximum income level: If applicant has applied for the LIHTC program, their income may not exceed the maximum income limits set for their household size. If income does exceed the maximum income limit, the application will be denied and/or cancelled. Applicant may still apply for a market rate apartment if one is available.
 
CREDIT HISTORY:
Third party consumer credit reporting and screening agencies are used to verify applicants’ identity, credit, rental and criminal history
Applicants who are scored with minor credit risk will be approved with a standard security deposit (Medical bills and student loans are disregarded)
Credit History conditions that may require additional security deposits up to 1-1/2 month’s rent or denial of application:
·         Applicants with moderate credit risk will be approved with an additional $400 deposit.
·         Applicants with high credit risk will be approved with a one-month security deposit.
·         Applicants with severe credit risk will be denied.
·         Foreclosures alone will not be grounds for denial and may require an additional security deposit
·         Collection accounts and evictions owed to any rental community greater than 3 years may be approved with an additional security deposit.
·         Collection accounts and evictions owed to any rental community less than 3 years must be paid in full. Documentation is required.
·         Bankruptcies must be discharged. Bankruptcies discharged less than three years will require a full month’s security deposit. 
 
CRIMINAL BACKGROUND CHECKS:
Our screening criteria include a criminal background check for each occupant over the age of 18 years old.
Applications may be denied if any applicant has a felony conviction materially reflecting injury to others, property damage, the sale, manufacture or distribution of drugs, crimes against children or sex crimes.  Applications may be denied if an applicant has 2 or more misdemeanors relating to drug possession, harassment, or DUI/DWI in three (3) years. Applications may be denied if any applicant has misdemeanor convictions materially reflecting injury to others or property damage within the last five (5) years; and/or convictions for the manufacture, sale, distribution or possession of narcotics within the past seven (7) years, except that applicants who have convictions for possession or use of narcotic drugs may show proof that they are no longer using illegal substances. The community will give the applicant an opportunity to provide additional information as to why the information obtained should not disqualify them.
 
PETS: Pets are accepted and require the completion of a “Pet Application” as part of the rental application. There is a limit of 2 pets per apartment and Restricted dog breeds include those commonly known as Doberman Pinschers, Pit Bulls, Rottweilers, Chows, Wolf hybrids, Perro de Presa Canarios, Akitas, Boxers, and any other breeds considered dangerous by Management. 
 
LOW-INCOME HOUSING TAX CREDIT PROGRAM: You have applied to live in an apartment that is governed by the Housing Credit Program. This Program requires us to certify all of your income, asset and eligibility information as part of determining your household’s eligibility. Program requirements state we must verify each income and asset source as well as other claims of eligibility. We must determine this prior to granting your eligibility and, if such eligibility is granted, each subsequent year you remain in the unit.
 
ACKNOWLEDGEMENT: I have read, understand, and accept the above as qualifying standards and rental policies of this community. I am aware that a credit history, eviction search and/or criminal background check will be done in conjunction with my application.