VARIOUS ALONG HAWK HOLLOW WAY, Clarkdale, AZ 86324
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 3 - 5 Beds | 1 Bath | 1,580 - 1,829 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Yavapai-Apache Nation Tribal Housing received a 2018 allocation of Low Income Housing Tax Credits (LIHTCs) from the Arizona Department of Housing for its seventh LIHTC development, Yavapai-Apache Homes #7.
The housing authority will build 35 new construction housing units on the Yavapai-Apache Nation in Clarkdale, AZ.
The new construction will consist of: 30 three-bedroom units with 1,580 square feet and five four-bedroom units with 1,829 square feet.
Eleven units are targeted to households with annual incomes up to 40 percent Area Median Household Income (AMI), 14 units are targeted for households up to 50 percent AMI, and 10 units are targeted for households up to 60 percent AMI.
The development also includes the construction of a 7,832-square-foot community building.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests YAVAPAI-APACHE HOMES VII does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Three Bedroom (3/1) | 1580ft2 | Call for Price† |
| Five Bedroom (5/1) | 1829ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people | 9 people | 10 people |
|---|---|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $26,450 / year | $30,200 / year | $34,000 / year | $37,750 / year | $40,800 / year | $43,800 / year | $46,850 / year | $49,850 / year | ||
| 50% AMI for PBRA Units | $26,450 / year | $30,200 / year | $34,000 / year | $37,750 / year | $40,800 / year | $43,800 / year | $46,850 / year | $49,850 / year | ||
| 60% AMI for LIHTC Units | $31,740 / year | $36,240 / year | $40,800 / year | $45,300 / year | $48,960 / year | $52,560 / year | $56,220 / year | $59,820 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does YAVAPAI-APACHE HOMES VII have a waiting list?
YAVAPAI-APACHE HOMES VII probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at YAVAPAI-APACHE HOMES VII?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges YAVAPAI-APACHE HOMES VII?
YAVAPAI-APACHE HOMES VII is managed by Travois Asset Management, LLC headquartered in Kansas City, Missouri.
In addition to YAVAPAI-APACHE HOMES VII, how many other affordable housing properties (and units) are there in Yavapai County?
In addition to YAVAPAI-APACHE HOMES VII, we list 41 other affordable properties in Yavapai County. Learn about these properties here. Our data research shows that there are a total of 1837 affordable units in Yavapai County.
When was the YAVAPAI-APACHE HOMES VII listing last updated?
YAVAPAI-APACHE HOMES VII listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Stay in contact with the housing agency after applying.
While on a waiting list, always keep your information up to date. If you get selected for housing, the agency needs to know how to reach you!Douglas Cook says:
"Affordable Housing Online is a good resource to keep you updated."
