Section 42 FAQ (2024)

All tenants, regardless of property, must apply and be approved by Diamond Property Management. See https://www.rentwithdiamond.com/application-faq

Once approved by Diamond Property Management, applicants looking to move into a Section 42 property must be approved by a third party compliance specialist. This is done through an additional application that involves verifying the income and assets of all individuals living in the home. There are Income Limits in place for all Section 42 locations, more information on Income Limits is found below.

There is also a $50 compliance application fee that applicants pay. Please note that we will credit that $50 payment towards their tenant ledger if/when the tenant is fully approved and has signed the lease agreement.


Section 42 FAQ (2024)
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