ATLAS PROPERTY GROUP, INC. (APG) Resident Selection Plan

ATLAS PROPERTY GROUP, INC. (APG)

Resident Selection Plan

For

1335 Folsom Street

I. Applicant Eligibility Determination

Unit Size

Minimum Gross Income

(equal to or greater than 2.5x

rent)

Maximum Income

55% of Area Median Gross

Income for 2017

Single Resident Occupancy

Monthly Rent - $833.00

One person $2,082.50

Two Persons $2,082.50

One Person $44,400/year

Two Persons $50,750/year

a. Applicant must be income eligible per the standards of the Inclusionary Affordable

Housing Program (“AHP”) governed by San Francisco Planning Code Section 415 et.

seq., and administered by the San Francisco Mayor’s Office of Housing and Community

Development (“MOHCD”).

b. Applicant household size must meet the property’s occupancy standard.

c. Applicant must meet other program regulated eligibility requirements.

d. Applicant must show that applicant does not own an interest in a housing unit as of the

date of application.

e. Applicant must agree to pay the rent.

f. Applicant must complete and sign an application before being considered for occupancy.

Each household member must provide the following:

i. Consent for verification of all sources of income or other information relative to

occupancy.

ii. Sufficient information for APG to make an initial determination of the income

eligibility of the household.

iii. The unit size desired or needed.

iv. Information regarding Applicant’s prior landlord history (including property

address and contact information of prior landlord).

v. Consent to APG’s requirement to obtain a credit and unlawful detainer

background history.

vi. Must provide sufficient information to enable APG to conduct credit report

search and unlawful detainer background history search.

II. Applicant Selection Criteria

All members of the household who are 18 years or older must attend the interview with APG. The

following requirements will be used for each applicant.

a. A credit report indicating a current FICO score of at least 620 or higher with financial

responsibilities and a comprehensive unlawful detainer check will be obtained for each

adult applicant. There must be no judgments; no accounts rated over 90 days delinquent

or a bankruptcy within the previous one year to make the credit report acceptable.

b. A credit score below 620 where the report contains no judgments, no accounts rated over

90 days delinquent or a bankruptcy within the previous one year will result in an

applicant being accepted and required to pay an additional deposit equal to 1.5x the

standard deposit.

c. A credit score below 620 where the report contains any judgments, any accounts rated

over 90 days delinquent or a bankruptcy within the previous one year, unless

satisfactorily explained, will result in the applicant being denied. Guarantors not

accepted.

d. Applicant will not be denied for not having any credit history. Medical debt and/or

student debt will not be held against an applicant.

e. Applicant must demonstrate ability to meet all monthly financial obligations.

f. All income/assets will be verified in writing from the income/asset sources on appropriate

income verification forms.

g. Both the current and previous landlords for the past 3 years will be contacted for

information concerning the applicant’s compliance history with lease requirements,

including any documented lease violations and for cause evictions. Ellis Act or Owner

Move In Evictions will not be held against an applicant.

h. Applicant must demonstrate ability to pay the asking rent as defined in the Lease

Agreement by meeting the minimum rent to income ratio set at 2.5 x the monthly rent.

Applicant will not be declined for any lack of previous rent paying history.

i. Applicant must have the ability to maintain the housing unit in accordance with local

health standards. No distinction will be drawn between a person who keeps his/her own

house and one who does so with the assistance of an attendant.

j. Applicant must be income eligible per Program regulations and meet other Program

eligible requirements.

k. Applicant’s prior arrest and conviction records will not be considered until Applicant has

been qualified for housing in accordance with the San Francisco Fair Chance Ordinance

for People with Prior Arrests or Convictions records.

III. Reasons for Denial

If Applicant is denied by APG with MOHCD’s consent, Applicant will receive a written Notice of

Denial and the Applicant has 3 business days from the date of the Notice to appeal and submit

additional documentation to MOHCD. MOHCD shall respond by the end of the 7

business day from

the date of receiving the appeal. Applications will be denied for the following reasons:

a. Not all members of the household who are 18 years of age or older attended the

interview.

b. Applicant or applicant’s household exhibits blatant disrespect, disruptive or antisocial

behavior towards APG’s staff.

c. A negative landlord recommendation, encompassing any documented lease violations or

For Cause evictions within the previous 3 years.

d. Any denial for prior arrest or conviction record must be in compliance with the San

Francisco Fair Chance Ordinance for People with a Prior Arrest or Convictions records.

e. A derogatory credit report as previously defined.

f. Falsification of any information of the application.

g. Applicant’s eligibility income exceeds the maximum allowed by the Program regulations.

h. Applicant’s household size does not meet the established occupancy standards.

i. Applicant does not meet Program regulated eligibility requirements.

j. Applicant declines a unit when offered.

k. Applicant fails to provide documents necessary to process the application.

l. Other good cause such as documented serious or repeated violation of the material terms

and conditions of the Lease or a violation of applicable Federal, State or local law.

IV. Mitigating Circumstances

If an applicant fails to meet one of more of the Applicant Selection Criteria, APG will determine whether

it is possible to admit the applicant through consideration of mitigating circumstances or by applying

reasonable accommodation.

Mitigating circumstances would be verifiable facts that would overcome or outweigh information already

gathered in the resident screening process. Mitigating circumstances shall be verified and the verifier

must corroborate the reason(s) given by the applicant for the disqualifying circumstances, and indicate

that the prospect for lease compliance in the future is good because the reason for his/her disqualifying

circumstances is either no longer in effect or otherwise controlled. If the evidence of mitigating

circumstances presented by the applicant relates to a change in medical condition or course of treatment,

APG shall have the right to refer such information to persons qualified to evaluate evidence and verify the

mitigating circumstance(s).

V. Fair Housing Statement

We are committed to compliance with all federal, state, and local fair housing laws. We do not

discriminate against applicants based on race, color, age, religion, national origin, sex, familial status,

disability, sexual orientation, gender identity, marital status or any other legally protected classification or

status. All persons involved with the leasing and operation of our communities receive training on fair

housing laws. We will consider requests for reasonable accommodations based upon a disability. We will

consider reasonable modification of existing premises, which may be at the expense of the person

requesting the modification.

VI. Pets

The following breeds and any mix of any of the below are restricted from this community:

Pit Bull Terriers/Staffordshire

Rottweilers

Doberman Pinschers

Chows

Presa Canarios

Akitas

Alaskan Malamutes

Wolf-hybrids

German Shepards

Mastiffs

Cane Corsos

Great Danes

Siberian Huskies

If you have pets, please see your leasing representative for more information. APG does not accept dogs

that are 50lbs or heavier. If a pet is deemed aggressive by APG, APG will not approve the pet. These

restrictions and deposit requirements do not apply to qualified service or assistance animals, unless such

animals exhibit aggressive and harmful behavior on more than one occasion.

VII. Non-Smoking Community

The property you are applying for is a non-smoking community. There is a no smoking policy in

all of the apartments. There is no smoking permitted in the building, garage, balconies, or

common area at any time. Any smoking must be off the property.

I HAVE READ AND UNDERSTAND THE RENTAL POLICIES OF THIS COMMUNITY.

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Resident Signature/Date

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Resident Signature/Date

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