Ak-Chin Homes II

What Ak-Chin Homes II's governing documents say

Ak-Chin Homes II is a 25-unit affordable rental community in Ak-Chin Village, AZ, funded by federal Low-Income Housing Tax Credits. This document is a legally binding agreement between the property owner and the Arizona Department of Housing, not a set of rules for residents. It ensures the property remains affordable for low-income households through at least 2038, but it does not govern day-to-day tenant conduct.

• Affordability & income limits: All 25 units are designated as low-income units, restricted to households earning 60% or less of the area median gross income (AMI). Income must be certified annually, and the affordability commitment runs through the Extended Use Period ending December 31, 2038.
• Renter protections: Tenants in low-income units cannot be evicted except for good cause, and gross rent increases are limited to what Section 42 of the Internal Revenue Code permits. The owner must also accept tenants with Section 8 vouchers and cannot discriminate based on race, color, religion, sex, age, handicap, marital status, or national origin.
• What this document doesn't cover: This document does not address typical homeowner or tenant rules such as pets, parking, noise, landscaping, or use of common areas. It is a regulatory agreement between the owner and the state; residents should refer to their individual lease agreements for specific terms.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.