Application fee: $75
Income verifications:
• Four weeks of most recent consecutive paycheck stubs.
• First pay stub of the year when GROSS and YTD amounts are the same.
• IRS form 1040 with schedule C for last 2 years (self-employed only).
• Social security award letter not more than 120 days old.
• Current statement of retirement or pension plan. 401k statement not more than 120 days old.
Income Requirements:
Minimum Income - Gross income at least 3 times the amount of the monthly net rent. Maximum Income - $106,000 is the maximum income. 80% of the AMI in Travis County is $126,000; income limit is per household. 60% of the AMI in Travis county is $93,720; income limit is per household.