The Rental Program provides decent affordable rental  housing for low income people in the city of Schenectady. Although COMMUNITY LAND TRUST OF SCHENECTADY‘s main  focus is homeownership, we recognize rentals can play an important part in the  process leading to homeownership. Because federal grant funds were used to  create these affordable units, renters must adhere to certain restrictions and  regulations governed by HUD guidelines. We rent to income qualified households  with a good rental history.

This section outlines the process prospective renters must follow to apply for and rent a unit through the COMMUNITY LAND TRUST OF SCHENECTADY Rental Program. The road to renting is generally long and tedious. Reaching that goal under the land trust model is no exception. There are no guarantees until you have signed all necessary documents and moved in to your unit. COMMUNITY LAND TRUST OF SCHENECTADY advises all prospective renters to read all the information contained in this section carefully and to meet with our staff to discuss your situation and rental options.

If you are interested in our rental program, please stop by our office for an application packet outlining the criteria and necessary paperwork in order to be qualified.

There is a $20 non refundable application fee and we reserve the right to conduct criminal, credit, income and landlord verifications for each adult applicant.  Our rentals are also smoke free and we comply with City of Schenectady Rental Certificate guidelines.

Tenant Criteria

We are delighted that you are interested in leasing one of our apartments! In order to help you in making your decision, we have listed below some of the criteria for qualifying as a resident with us.

1. A separate rental application must be fully completed, dated and signed by each applicant and all co-applicants with the $20 non-refundable application fee. Spouses can complete one rental application.

2. The rental application will be reviewed when submitted so we’ll have all information needed to determine your eligibility. No decisions will be made without obtaining proper verifications regardless of situation.

3. Each applicant must provide a valid government photo identification and allow it to be photocopied.

4. Applicants who are first-time renters or who do not have sufficient income under paragraph 6 below, may qualify by having the lease guaranteed by a guarantor. The guarantor must have a gross monthly income of at least six times the monthly rent and must meet all other qualifying criteria. The guarantor must complete and sign a lease guaranty agreement. Guarantors may be held responsible for all of the lease obligations, including the entire rent and other costs, such as damages, even if you have roommates.

5. If applicant’s family will be occupying the dwelling, the family size must be appropriate for the available apartment as determined by Code.

6. Stable employment and monthly income must be verifiable and under 80% of the area median income as determined by household size. Total monthly income of all applicants must be at least three times monthly rent. (Otherwise, a guarantor is necessary.) Income limits will continue to enforced during the length of occupancy.

7. Applicant(s) must be able to have utilities in their name and demonstrate ability to pay for them.

8. Security Deposit must be paid in cash, money order or check and equal to one month’s rent unless you are required to have an additional deposit on hand.

9. Applicant(s) may be denied occupancy for the following reasons:

  • Incomplete application by any applicant
  • Insufficient income (total of all applicants)
  • Criminal conviction history of violent or sexual crime committed by any applicant or by other occupants (including children) who plan to live in unit
  • Poor credit history of any applicant (credit reports are obtained; previous bankruptcy requires an additional security deposit equal to one half month’s rent)
  • Poor rental profile of any applicant (rental history reports are obtained).
  • Rental history of: Non-payment or frequent late payment of rent
  • Eviction
  • Drug use
  • Poor housekeeping
  • Poor supervision of applicant’s children
  • Unruly or destructive behavior by applicant, applicant’s children or applicant’s guests
  • Violence to persons or property by applicant, applicant’s children or applicant’s guests
  • Falsification of application by any applicant

We do not discriminate on the basis of race, color, creed, religion, sex, national origin, disability or familial status.

Additional rental information: CLTS prohibit smoking in its units and we do not allow pets unless they are certified service animals. Monthly inspections will be conducted for each apartment. A $50 rental deposit fee will be collected at time of rental acceptance in order to obtain a rental certificate from Code to ensure that occupancy size is acceptable and that the unit is ready to occupy by the approved household members. Failure to occupy the unit will result in forfeiture of the $50 fee. Application fee will be used for resident screening and staff time and is non- refundable and cannot be used toward security deposit or rent.