Leasing Requirements

Affordability Requirements

Capitol Vista is an affordable housing community. Following are the income guidelines and rental rates applicable to Capitol Vista. The following qualifying income limits apply for current and all future residents. In order to qualify, the maximum household total gross income based on the number of occupants in your home must be less than noted in the following chart.

Income Limits – Low Income Housing Tax Credit (LIHTC) at 50%

Number of Persons Maximum Income
1 $52,750
2 $60,300
3 $67,850
4 $75,350
5 $81,400

Rents – LIHTC 50%

Apartment Size Rental Rate Minimum Income
1 Bedroom $1,359 (LIHTC) $40,770
2 Bedroom $1,627 (LIHTC) $48,810

Income Limits – Housing Production Trust Fund Income Limits at 50%

Number of Persons Maximum Income
1 $49,800
2 $56,900
3 $64,050
4 $71,150

Applies to a few select units

Rents – LIHTC/HPTF at 50% use the lower to comply

Apartment Size Rental Rate Minimum Income
1 Bedroom $1,359 (LIHTC) $1,420 (HPTF) $42,600
2 Bedroom $1,627 (LIHTC) $1,600 (HPTF) $48,000

Utility Allowance

Bedroom Size Utility Allowance
1 Bedroom $54.00
2 Bedroom $69.00

Household Size Maximums

Bedroom Size Maximum Number of Occupants
1 Bedroom 3
2 Bedroom 5

Administration Fee – $30.00
21 PSH units @ 30% of the Area Median Income (AMI)