Affordable Housing

for Empowered Communities
/Ori's Action

Building Stronger Neighborhoods with Quality Affordable Homes

Ori Residential, Inc. provides rental housing to qualified residents without regard to Race, color, ancestry, sex, disability, creed, religion, age, retaliation, alternative sources of income, national origin, marital status, political ideology, parental status, sexual orientation, gender identity, use of a service animal, use of a Housing Choice Voucher or other subsidy programs, military status or veteran, criminal history, and citizenship and immigration status.

Partcipated Programs

At Ori Residential, we provide affordable housing through the MFTE and MHA programs. To qualify, your household must meet income limits based on size and number of bedrooms. After completing our application and screening process, we'll verify your income eligibility. If approved, your rent will be capped at a set amount for the lease duration.

MFTE

The Multifamily Property Tax Exemption (MFTE) Program provides a tax exemption on eligible multifamily housing in exchange for income- and rent-restricted units.

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MHA

The Mandatory Housing Affordability (MHA) program aims to provide rent-restricted, income-restricted housing opportunity for low-income individuals.

Learn More

MFTE Program 5 Income Requirements

In order to qualify for an MFTE unit, household income must be below 65% of the area median income for a studio, 75% of the area median income for a 1 bedroom and below 85% for a 2 bedroom. The minimum income we require is twice the MFTE rent per month.
*Any group of individuals leasing a unit together (1 unit & 1 lease) would be a household.
1 Person
2 Persons
3 Persons
4 Persons
5 Persons
Studio
$1,787
/mo rent/yr
$71,500

65% of AMI for a 1-person household

$81,705

65% of AMI for a 2-person household

$91,910

65% of AMI for a 3-person household

x
x
1BR
$2,209
/mo rent/yr
$82,500

75% of AMI of a 1-person household

$94,275

75% of AMI of a 2-person household

$106,050

75% of AMI of a 3-person household

x
x
2BR
$3,004
/mo rent/yr
$93,500

85% of AMI of a 1-person household

$106,845

85% of AMI of a 2-person household

$120,190

85% of AMI of a 3-person household

$133,535

85% of AMI of a 4-person household

$144,245

85% of AMI of a 5-person household

MHA Income Requirements

In order to qualify for an MHA unit, household income must be below 40% of the area median income for a studio, 60% of the area median income for a 1 bedroom and 2 bedroom. The minimum income we require is twice the MHA rent per month.
*Any group of individuals leasing a unit together (1 unit & 1 lease) would be a household.
1 Person
2 Persons
3 Persons
4 Persons
5 Persons
Studio
$1,100
/mo rent/yr
$44,000

40% of AMI for a 1-person household

$50,280

40% of AMI for a 2-person household

$56,560

40% of AMI for a 3-person household

x
x
1BR
$1,767
/mo rent/yr
$66,000

60% of AMI of a 1-person household

$75,420

60% of AMI of a 2-person household

$84,840

60% of AMI of a 3-person household

x
x
2BR
$2,121
/mo rent/yr
$66,000

60% of AMI of a 1-person household

$75,420

60% of AMI of a 2-person household

$84,840

60% of AMI of a 3-person household

$94,260

60% of AMI of a 4-person household

$101,820

60% of AMI of a 5-person household

Application Process

1. Every applicant must complete the Income Declaration (ID). Once you have completed that form, you will then fill out the forms below that apply to you. Please send a completed packet of the forms below (only fill out the form if it applies to you) to each property’s email.

(Ori Stone Way Apartments: stoneway@oriapts.comPivot Apartments: pivot@oriapts.comRoystone Apartments: roystone@oriapts.com; Mysa Apartments: mysa@oriapts.com; Niwa Apartments: niwa@oriapts.com)

  • Employment Verification: only complete personal information and the employer name/address, employer is responsible for the rest.
  • Student Certification: If you are a full-time student who is claiming no earned income (to be eligible to apply for an MFTE unit, students must have completed a FAFSA or WASFA and be receiving another need-based loan or grant. Due to these requirements, international students are ineligible to apply to MFTE units)

*International students can be considered eligible. International students must have an I-20 Certificate of Eligibility for Nonimmigrant Student Status, which includes their F1 or J1 visa, and they must have completed a WASFA and be receiving need-based financial aid.

2. Once we review all the documents, the Property Manager will schedule an in-person meeting to verify the documents, sign the lease and Lease Rider, pay the $100 holding deposit, and activate the tenant portal with you.

*Please note that all tenants will be provided with Renter’s Insurance ($100,000 Liability Coverage) and that the utilities will be included in the rent. If you have any other questions, please reference this Renter’s Guide.

Utilities and Required Charges for MFTE & MHA Tenants

As an MFTE (Multifamily Tax Exemption) or MHA (Mandatory Housing Affordability) tenant, the lease agreement included certain provisions regarding utilities and required charges. Please find below a clear statement outlining the responsibilities of the landlord and the tenant:

  1. Utilities: In some cases, MFTE/MHA tenants are not responsible for payment of required utilities, including electricity, water, sewer, and solid waste. Please confirm with onsite property managers.
  2. Renter’s Insurance: In some cases, MFTE/MHA tenants are not required to obtain separate renter’s insurance coverage required by the building. Please confirm with onsite property managers.

It is important to note that the responsibilities mentioned above are specific to MFTE/ MHA tenants and may differ from the terms applicable to regular market units in the building.

/ LIVE WITH LOVE

Communities with Opportunities

Creating Opportunities
for Every Family

At Ori Residential, we are dedicated to creating opportunities for families by providing affordable housing solutions that foster stability and growth. Our commitment to vibrant communities ensures that residents feel a true sense of belonging and connection in their homes.