Most landlords will verify your income when you apply for an apartment, but for tax credit properties, income verification is required by law.
Generally, assets themselves are not considered for income verification.
A landlord may also check your credit before approving your application.
Do low income apartments do background checks?
You can screen tenants for low income housing by doing background checks, asking for prior renting and income history, and doing in-person interviews. Low income housing owners should begin the rental process by contacting the local housing authority. You must ask permission before running background checks.
Do you need credit for low income housing?
The government looks only at your income and assets to determine whether you qualify for low-income housing or other government benefits, not your credit history. No matter how low your credit score might be, you can get the assistance you need as long as you meet the income requirements.
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