For LIHTC: Do you require a deposit at time of application?

Topic Author

a Guest

6 years 1 month ago #21506 by a Guest

For LIHTC: Do you require a deposit at time of application? was created by a Guest

For LIHTC: Do you require a deposit at time of application? It so, do you forfeit the deposit if the applicant is approved and does not move in?

6 years 1 month ago #21506 by a Guest

Topic Author

a Guest

6 years 1 month ago #21507 by a Guest

Replied by a Guest on topic For LIHTC: Do you require a deposit at time of application?

If this is listed in your Selection criteria it can be done.

6 years 1 month ago #21507 by a Guest

Topic Author

a Guest

6 years 1 month ago #21508 by a Guest

Replied by a Guest on topic For LIHTC: Do you require a deposit at time of application?

Yes. We require a $250 holding fee that is applied to the security deposit. It is fully refundable for the first 72 hours once they are applied to an apartment. If they cancel it is not refundable. If denied we refund

6 years 1 month ago #21508 by a Guest

Topic Author

a Guest

6 years 1 month ago #21509 by a Guest

Replied by a Guest on topic For LIHTC: Do you require a deposit at time of application?

Yes, if you apply and I held the apartment off the market for you, the next person that wanted that unit got turned away. You can’t get it back

6 years 1 month ago #21509 by a Guest

Chris Peterson

Posts: 17
Thank you received: 1

5 years 10 months ago #23628 by Chris Peterson

Replied by Chris Peterson on topic For LIHTC: Do you require a deposit at time of application?

We require 1/3 of the security deposit within 72 hours of approval. It is non-refundable if they back out.

5 years 10 months ago #23628 by Chris Peterson

Moderators: Manh