Discover affordable apartments in Austin at The Martingale. Select apartment homes participate in an affordable housing program for households that meet specific income guidelines. Explore available homes, review qualification information, and learn what to expect before applying.
Could You Qualify?
- Minimum household income: 3x the monthly rent.
- Maximum total household income: $107,520 annually.
- Household income may include wages and applicable additional sources such as child support, disability income, VA benefits, asset income, and financial aid.
*Final eligibility is subject to verification and PFC/compliance approval.
How the Affordable Housing Program Works
- Find Your Home: Explore apartment homes identified as Affordable on the floor plan/availability page.
- Apply & Complete Screening: Complete the standard online application to reserve the apartment and begin initial screening.
- Verify Eligibility: Complete the required affordable housing forms and provide documentation needed to verify household income and applicable assets.
- Compliance Review: Once required documentation is complete, the file is submitted for PFC compliance review and final approval.
Documents to gather before you apply
W-2 Employees: One month of recent paystubs and/or employment verification completed directly with the employer.
1099 / Self-Employed Applicants: Two years of recent tax returns and additional notarized employment/income verification.
Additional Documentation: Additional forms and documentation may be required to verify household income and applicable assets.
Approval Timeline
Initial onsite screening is typically completed within 48 hours. PFC compliance approval is typically completed within 7 business days after all required documentation is submitted. Corrections, missing documentation, or additional verification may extend the timeline.
Affordable Housing FAQs
Select homes at The Martingale participate in an affordable housing program with specific household income and qualification requirements. Qualified households receive program-based rental rates rather than standard market pricing.
How do I qualify for an affordable apartment at The Martingale?
Applicants must meet applicable minimum and maximum household income requirements and complete the required verification and compliance process.
What income is considered when determining eligibility?
Household income may include wages and other applicable sources such as child support, disability income, VA benefits, asset income, and financial aid.
Why do I need to complete additional affordable housing forms?
Additional documentation is required to verify household income and applicable assets as part of the program's compliance review.
Why are there two applications?
The initial online application reserves the apartment and begins standard screening. After screening, affordable housing applicants complete additional documentation required for PFC compliance review.
How long does affordable housing approval take?
Initial screening is typically completed within 48 hours. PFC compliance review typically takes up to 7 business days once all required documentation is submitted.
Can I qualify if I am self-employed or a 1099 worker?
Yes, subject to program eligibility. Additional income documentation is required, including two years of recent tax returns and employment/income verification.
Why is information about my assets required?
The qualification process requires verification of household income and applicable assets to determine program eligibility.
S1
80% MFI
A1
80% MFI
A2
80% MFI
A3
80% MFI
A4
80% MFI
A7
80% MFI
B1
80% MFI
C1
80% MFI
Contact The Office For Pricing & Details