Indian Wells Apartments

What Indian Wells Apartments's governing documents say

Indian Wells Apartments is a 176-unit rental community in Apache Junction, AZ, where 100 units are permanently affordable to low-income households and 76 units rent at market rates. This document is a federal affordability-compliance covenant (not a lease) that binds the owner to maintain rent restrictions through January 2052 and prohibits wrongful eviction or discrimination. If you move into a low-income unit, you must certify your income annually, but you cannot be evicted without good cause—even if your income rises.

• Affordability & unit breakdown: 100 of the 176 units are permanently restricted to low-income households; 76 units rent at market rates. The affordability requirement runs through January 1, 2052.
• Income caps for occupancy: Low-income units are divided by income threshold: 10 units for households at ≤20% area median income (AMI); 10 at ≤30% AMI; 10 at ≤40% AMI; 40 at ≤50% AMI; and 30 at ≤60% AMI. Your income is recertified annually.
• Eviction protections & income changes: Tenants in low-income units cannot be evicted except for good cause. If your income rises after move-in, you can stay even if it exceeds the low-income threshold—you are only at risk if income exceeds 140% of the limit AND the owner rents a comparable unit to a market-rate tenant.
• Anti-discrimination & voucher acceptance: The owner cannot discriminate based on race, creed, color, sex, age, handicap, marital status, or national origin. Tenants holding Section 8 housing vouchers must be accepted for occupancy.
• Special-needs designations: 10 units are designated for physically disabled persons (with design exceeding Fair Housing standards); 10 units for migrant and seasonal farm workers; 88 units for households requiring 3–4 bedrooms.
• What this document doesn't cover: This is a compliance covenant, not a lease or resident rulebook. It does not specify rent amounts, lease term minimums, pet policies, parking rules, maintenance responsibilities, or community rules—those are in the actual lease and resident handbook.

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.