The Foundation is governed by a Board of Trustees and elected officers; President, Vice President, Secretary and Treasurer. - Trustees serve without pay
- Trustees are residents of Summit and nearby communities who have an interest in affordable housing. Each Trustee has a particular competency needed by the Board.
- The Foundation has a paid property manager that oversees the day to day operations and maintenance of the Foundation's property and is the liaison with the tenants.
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The Foundation:
- Reviews all applications that meet the Foundation's requirements for housing. The maximum or minimum acceptable annual income level is not a fixed number but is determined on the basis of all information provided by the applicant.
- Uses a standard residential lease, renewed annually and updated periodically. The lease contains rules the tenant must comply with.
- Requires every adult who has income or wages to sign the lease and be responsible for payment of the rent.
- Provides a stove; tenant is to provide refrigerator, washer and dryer.
- Requires tenants to pay for their own utilities.
- Does not require any tenant to vacate except for non-payment of rent, violation of conditions of the lease, or violation of City Statutes and Ordinances.
- Does not permit pets.
- Complies with City Statutes and Ordinances with respect to the number of people who may occupy a duplex unit.
- Requires tenants to move from three bedroom to two bedroom duplex units if their needs for housing become less.
- Provides help with payment of closing costs if family moves and purchases a home, thus making Foundation property available to other families.
- No Snoking or Vaping in the Apartment.
- Landlord can have access to the apartment on reasonable Notice to the tenant.
- Tenant is required to have a policy of renter's insurance to insure the tenant's personal property.
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2023 Year Standard Rents are:
- 3 Bedroom: $1,446.00 per month
- 2 Bedroom: $1,156.00 per month
The Security Deposit is one and a half month’s rent
- Refundable upon departure if not required to repair damage to the unit
Rent Abatement
- A Tenant who has a financial set back, e.g., loss of a job, may apply to the Foundation for lower rent for a period of time. Each application is considered and the decision to grant an abatement is made by the Board.
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Each two family house:
- Is divided into two completely independent duplex units.
Each duplex unit has:
- A living room and kitchen on the first level (Stove is Provided).
- A bathroom and two or three bedrooms on the second level.
- A basement
- Central air conditioning
- Gas water heater & gas furnace.
- Washer and dryer hookups in the basement.
- An outside entrance to the basement.
- A dedicated driveway and parking space for one or two cars.
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The Summit Civic Foundation - Is a private non-profit organization as described in Section 501 (c)(4) of the Internal Revenue Code and is exempt from Federal and State Income Taxes.
- Pays real estate taxes to Summit on the Foundation property
- Housing is served by Summit's Police and Fire Departments and by other City agencies.
- Maintains an informal liaison with the Summit Housing Authority.
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