Essential Housing Program in Dallas

Banyan Flats is an active participant in the Essential Housing Program, which offers affordable housing solutions to tenants who qualify based on annualized household income limits.

Please review the application checklist below prior to submitting an application to ensure you qualify for Essential Housing.

Do I Qualify?

To qualify for an apartment under the essential housing program (60% or 80% AMFI), total household income must be at least 2x the monthly rent but no more than the income limits of the chart outlined below. For example, if your household is one person, your gross annual income must be less than $46,320.00 to qualify for a 60% AMFI apartment.

All presented incomes are based on GROSS annual income (income before taxes).

Income Verification

1. Two months of consecutive current bank statements. ALL pages must be included and be one sided.

2. Two months of consecutive paystubs

Pre-Qualification Requirements

To complete the application process, each applicant is required to produce the following:

1. Complete application for every household member 18 years of age and older

2. Income Verification Items

3. Additional documents that may be required depending on each person’s individual income and assets

4. Two years of Resident or Rental Verification if applicable

 

 

We are an Equal Housing Opportunity provider and seek to process all applicants in a fair and consistent manner.