2400-2424%20USDA-RD%20Application%20Packet

Sep 19, 2026

Upload by Hazel

USDA RD multi-family subsidized apartment application packet for Cheney Real Estate Management,Inc.,covering 2400 University Place Apartments and 2424 University Place Apartments. Describes eligibility for very low,low and moderate-income households,unit types and basic rent based on household income or base rent,including utility assumptions. Explains application requirements,student dependency rules,how to complete and sign USDA RD and rental applications,authorization to release information,and submission options. Provides waiting list updates,screening fee steps,ID and documentation needed,plus property policies and key amenities.

LanguageEnglish

CategoryForms

FormatPDF

Pages25

Reading Time9 min

AccessFree to download

USDA Rural Development Multi-Family Subsidized Apartments Eligibility Requirements

Age Requirement

Income Tax Return

Identification Verification

Certification Requirements

Employment

Cheney Real Estate Management,Inc.2400 UNIVERSITY PLACE APARTMENTS2424 UNIVERSITY PLACE APARTMENTS Thank you for applying at 2400 University Place Apartments and 2424 University Place Apartments!We are an equal opportunity housing provider and our apartment complexes are federally subsidized by USDARural Development (USDA RD)and are designed for very low,low and moderate-income families. The project consists of one and two bedroom apartments.The basic rent is as follows: $324-$445 for 1-bedroom apartment,30%or your adjusted income with a minimum of $324$413-$583 for 2-bedroom apartment,30%or your adjusted income with a minimum of $413 The rent amount you pay is basic rent or 30%of household income (after the average utility amount is subtracted),whichever is greater.Twelve of the apartments are deep subsidy for very low-income families and rent will be 30%of household income(after the average utility amount is subtracted).The utilities you pay,electricity and sewer,arepaid directly to the City of Cheney.Average utility estimates are approximately $95.00 per month for a one bedroomand $103.00 per month for a two-bedroom apartment. This application packet includes information concerning USDA RD eligibility requirements ®ulations,informationabout the apartments,our Application Acceptance Policy,a USDA RD application and a Cheney Real EstateManagement Rental Application.Prospective adult residents must complete the USDA RD Applicant or Co-Applicant Application and a separate Rental Application each. If you are a student,you may not be claimed as a dependent on income tax returns by parents or legal guardians(evidence required).You must be an independent household to qualify for this project. When completing the USDA RD Application Income/Asset portion,please fill it out to the best of your knowledge ofwhat will be your income projected for the 12 months.Be sure to sign and date the applications.By signing theapplications,you are authorizing the release of information related to your income,rental history,credit history,criminal or public records.If you need assistance in completing the applications,we will be happy to help you.If youhave a disability and require a reasonable accommodation related to the completion and retum of theseapplications,please feel free to make that request. Once you have completed and signed our applications,you will need to either bring them back to our office,email,fax or mail them.We will then determine if it is a completed application and will either offer you an apartment,placeyou on our waiting list or find you ineligible.Regardless of the disposition of your application,we will advise you inwriting within ten(10)days of receiving your completed application(s). If you are placed on the waiting list,it is important that you update us with any changes in your household.Suchchanges are as follows:change of address,phone number,household size or members or change of income.Youwill also need to contact us every six months to inform us that you wish to remain on our waiting list.If you fail tocontact us every six months,we will assume you are no longer interested in living at 2400 University PlaceApartments or 2424 University Place Apartments and we will remove your name from our waiting list.You will benotified in writing to your last known address of our intent to remove your name from our waiting list. Once an apartment of the appropriate size for your household is coming available,or will be soon,and your name isnear the top of our waiting list,we will contact you to pay the application screening fee of $35.00(subject to change)per person.You will also need to bring in picture ID for all adult household members and social security cards for allpersons intending to reside in the apartment.Your rental application with your signature authorizing the releaseinformation will be faxed to our screening company,FasTrak. ·Onsite laundry facilities ● Accessible units ·On-site manage

FAQs

Who is eligible to apply for USDA RD subsidized units?

All applicants must be at least 18 years old,be able to qualify as an independent household,and meet USDA RD eligibility requirements for very low,low and moderate-income families.

What rent rules determine what an applicant pays?

Rent is either the basic rent or 30% of household income (after subtracting the average utility amount),whichever is greater. Deep subsidy units require rent to be 30% of household income after the average utility amount is subtracted.

What identification and documentation are required?

Adults must provide proper picture identification,admitted minors require a birth certificate,and all persons issued a Social Security number must provide Social Security cards. Applicants also need yearly tax return copies or W2s and employment income reporting subject to third-party verification.

Sep 19, 2026

Upload by Hazel