SECURITY DEPOSIT + APPLICATION FEE A security deposit of $800 and an application fee of $50/adult are due with the completed application. OCCUPANCY The initial maximum number of residents in a unit is equal to two persons per bedroom unless otherwise stated in the property's Resident Selection Plan, where applicable. Each unit is limited to no more than two unrelated or four related adult persons per unit. Lloyd Management defines a related adult person as either a child, dependent, or parent of the head of household. General occupancy standards and any federal, state, or local housing ordinances will supersede this policy. INCOME RESTRICTIONS Income restrictions apply to select units which are funded through an affordable housing program called TIF. Income limits are required to qualify for these units. Please call Nolan at (612) 751-9503 for additional information about these TIF units.   HOUSEHOLD SIZE ANNUAL INCOME LIMIT 1 Person $43,500 or less per year 2 People $49,700 or less per year 3 People $55,900 or less per year 4 People $62,100 or less per year.