535 N. Union St., Wilmington, DE TTY711

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1 The Flats Phase II 535 N. Union St., Wilmington, DE TTY711 Dear Prospective Resident, Thank you for your interest in The Flats Phase II. The Flats Phase II is a collaboration between the Todmorden Foundation and HDC MidAtlantic to provide affordable homes for individuals, families and seniors. Enclosed in an application and fact sheet that outlines property information, rents and income guidelines. Please note the following: There is a different application for every property. Please make sure you are filling out the correct application for The Flats Phase II. You must print out the application in order to complete and return it. Please contact us if you do not have access to a printer. You may NOT return your application by or fax. All completed applications must be mailed or hand-delivered to the property where you are applying for residency. Lastly, a non-refundable application fee is required with your application: $17 for one adult or $34 for two or more adults. Apartments are filled and/or applicants are placed on a waiting list in the order in which completed applications, with fee, are received. We encourage you to return your application as soon as possible to ensure your placement. This application must be returned to: The Flats Phase II 525 North Union St. Wilmington, DE If you have any questions, please contact Community Manager Elana Davis at or info@hdcweb.com. We look forward to welcoming you home. The HDC MidAtlantic Team info@hdcweb.com Equal Housing Opportunity

2 THE FLATS PHASE II RENTAL OFFICE TTY North Union St., Wilmington, DE OFFICE HOURS Monday-Thursday: 8 am-3:30 pm Friday: 8 am-3 pm Saturday-Sunday: CLOSED ABOUT THE FLATS-PHASE II The Flats Phase II offers modern, convenient affordable living in the heart of a vibrant Wilmington neighborhood. Featuring 72 newly constructed two- and three-bedroom apartment homes, The Flats Phase II is awash with amenities including open floor plans, off-street parking, free wi-fi and more. The Flats Phase II is being revitalized by the Todmorden Foundation, a Wilmington, De., based mission-driven nonprofit. UNITS & RATES Unit Type Unit Size Rate (includes water, sewer, trash) 40% Income Limit* 50% Income Limit* 60% Income Limit* 2 bedroom 945 sq. feet (approximately) $570 per month $750 per month $915 per month 3 bedroom 1,200 sq. feet (approximately) $640 per month $855 per month $1,253 per month * Income limits apply. AMENITIES Open floor plans Off-street parking 24/7 laundry facilities and washer/dryer hook-ups in every apartment Conveniently located DART stops Six daycare centers within 1-mile radius Fully equipped kitchen including dishwasher Tot Lot/Playground Community room with kitchenette and computers Community security system 24-hour emergency maintenance Adjacent to Bancroft Parkway, and close to Woodlawn Library, Woodlawn Park and Little Italy

3 INCOME LIMITS The Flats Phase II is an affordable apartment community. Maximum and minimum income limits apply. Minimum Income Limits Maximum Income Limits 2 Bedroom 3 Bedroom 1 Person 2 People 3 People 4 People 5 People 6 People 40%* 50% 60% $16,824 $19,296 $23,320 $26,640 $29,960 $33,280 $35,960 $38,640 $21,144 $24,456 $29,150 $33,300 $37,450 $41,600 $44,950 $48,300 $25,104 $34,008 $34,980 $39,960 $44,940 $49,920 $53,940 $57,960 *40% income level apartments are reserved for special populations that identify with the following (subject to verification): Persons with HIV/AIDS related illness Persons with disabilities Literally or imminently homeless Youth exiting foster care or persons Survivors of domestic violence exiting state-run institutions APPLICATION PROCESSING Credit history, criminal background, landlord history and other resident selection criteria apply. Income limits and other resident selection criteria will determine eligibility to lease. Households comprised entirely of fulltime students will not qualify unless certain exceptions are met. All statements made on the rental application must be verified in writing through a third party not related to the applicant s household.

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