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Income-Restricted Affordable Housing
AffordableHousing
Square 50 offers affordable housing for the people who help our community thrive—teachers, healthcare workers, service providers, and first responders. Located in the West End neighborhood of West End, Washington, DC, our comfortable apartments are designed to meet your needs and budget. Visit us today to find your perfect home.
Affordable Living, Thriving Communities
Quality Apartment Living. Our apartment homes are spacious and bright with a convenient location near restaurants, shopping, and entertainment.
A Sense of Community. We strive to bring a sense of belonging to our community through hosted events and regular resident-centric programs.
Curbing the Cost for the Long Term. Our rent increases are reasonable so your monthly payments will always be predictable and manageable.
Build and Improve Credit Scores. Through our partnership with Flex Rent, your on-time rent payments help build and improve your credit score over time. Ask our leasing team for more details or visit their website.
How The Math Works
Affordable Housing rents are calculated based onthe area median income (AMI) and your household must fall at or below the limits outlined below. A minimum gross annual income of 24X the monthly rent is required and your gross income total includes overtime pay, bonuses and cash transactions from platforms like Venmo, PayPal, Cash App and Zelle.
Maximum Income Limits by Number of Occupants
| AMI | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
| 30% Income Limit |
$34,890 |
$39,870 |
$44,850 |
$49,830 |
$53,820 |
$57,810 |
| 60% Income Limit |
$69,780 |
$79,740 |
$89,700 |
$99,660 |
$107,640 |
$115,620 |
Documentation Requirements
To start the leasing process, you’ll need to gather a few documents to upload to your online application:
Identification. Valid passport, driver’s license, or personal identification card for every household member over 18. Physical ID must be presented to the leasing team prior to move-in.
Employment. Two most recent paystubs from employer(s).
Banking. One month bank statement reflecting current balance.
Verification Letters. If applicable: Award letter or verification form for any social security benefits, SSI, pension funds, child support, etc. View a sample letter.
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Self-Employment. If self-employed, the most recent tax filing or financial statements.
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