Artspace Tannery Lofts Resident Selection Criteria and Process

When openings do occur the following Resident Selection Criteria must be followed very carefully for all Artspace Tannery Lofts (ATL) applicants. Fair Housing Laws require Management to use the same criteria for determining eligibility for all applicants. There are no exceptions. ATL is a 100% Tax Credit property and must follow Section 42 of the IRS Code, along with all Calif. Tax Credit Allocation Committee rules.

The Artspace Tannery Lofts provides 100 units of affordable housing with a tenant selection preference given to Santa Cruz County households who participate in, and are committed to, the creative arts.

Income

Annual gross income cannot exceed the Area Median Income (AMI) for Santa Cruz County per the chart below. The AMI income limits are updated and published yearly by the California Tax Credit Allocation Committee (CTCAC). Management is required to obtain third party income verification on all sources of income. Income calculations are based upon the applicant’s expected annual gross income. For purposes of determining income eligibility, the income of personal care attendants will not be counted as household income but they will be included for the purpose of determining unit size.

2015 Maximum Income Limits (Subject to Change With Published Allowable Limits)

Percentage of Area Median Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person
30% $21,180 $24,210 $27,240 $30,240 $32,670 $35,100 $37,500
40% $28,240 $32,280 $36,320 $40,320 $43,560 $46,800 $50,000
50% $35,300 $40,350 $45,400 $50,400 $54,450 $58,500 $62,500

Identity

All adult family members must provide a copy of their Social Security card. A second document or identification such as Drivers License, and/or a valid government issued Passport. government issued Passport, or picture ID, etc. is required for all adult members of the household. Copies of Birth Certificates are required for all minors.

Household Size

Prospective Residents must accept an apartment based on their household size at move-in per the household size chart below. Two pets per household is allowed per the ATL pet policy, including dogs up to 60 lbs.

Studio 1-2 Persons
1 Bedroom 1-3 Persons
2 Bedrooms 2-5 Persons
3 Bedrooms 4-7 Persons

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