QUALIFICATIONS

HOW IT WORKS

  • In order to provide affordable housing to our community, all residents must meet certain criteria. 

  • PAH! Hiland Plaza provides rent-restricted housing for residents whose income does not exceed the maximum allowable income for their household size.

  • Please refer to the chart with income limits* based on the number of occupants in the apartment.

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HOW TO QUALIFY

There are three parts of the application and qualification process which must be met prior to being approved for move-in, these are:

The screening process includes a credit, criminal, and rental reference check. Please note that a screening fee of $35 per household member 18 years of age and above will be due at the time of the application and is non-refundable. Prior to submitting your screening application, please review our qualifying criteria.

1.

Screening Application

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All applicants will be required to complete the REA questionnaire and accompanying eligibility forms. This process ensures that the total household income does not exceed the maximum allowable income for the household size. All household members must income qualify at the time of move-in. Each household must provide documentation establishing their eligibility.

2.

Income/Asset Verification

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Most households comprised of full-time students will not qualify. Although some exceptions may apply. Every household is still welcome to complete an application, and ask about the student rule exceptions.

3. 

Student Eligibility

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NEXT STEPS

  • All sources and amounts of current and anticipated annual income expected to be derived during the twelve months after move-in must be collected, verified, and reviewed by our compliance department.

  • The compliance department reviews the household file to certify eligibility with the program.

  • We have a legal responsibility to ensure that all residents comply with the maximum allowable income limits at the time of move-in.

  • Residents are required to annually re-certify the household.

MONTHLY RENTS

The current maximum allowable monthly rents** as established by the New Mexico Morgage Finance Authority (NMMFA) are detailed in the charts below. 

*Reflects Bernalillo County annual median income effective June 2, 2022.

**Posted rents are subject to change at any time prior to a rental agreement being executed.