11039 N 87th Ave, Peoria, AZ 85345
Waiting List Forecast: Likely Short or None
Verified for 2020 by Michelle Terry, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,026 - 1,286 per Month† | 2 - 4 Beds | 2.5 - 3.5 Baths | 1,119 - 1,304 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.
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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 Rancho Del Sol Apartments 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom Two in a half Bath (2/2.5) | 1119ft2 | $1,026† |
| Three Bedroom Two in a half Bath (3/2.5) | 1249ft2 | $1,170† |
| Four Bedroom Three in a half Bath (4/3.5) | 1304ft2 | $1,286† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,750 / year | $37,400 / year | $42,100 / year | $46,750 / year | $50,500 / year | $54,250 / year | $58,000 / year | $61,750 / year |
| 50% AMI for PBRA Units | $32,750 / year | $37,400 / year | $42,100 / year | $46,750 / year | $50,500 / year | $54,250 / year | $58,000 / year | $61,750 / year |
| 60% AMI for LIHTC Units | $39,300 / year | $44,880 / year | $50,520 / year | $56,100 / year | $60,600 / year | $65,100 / year | $69,600 / year | $74,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Rancho Del Sol Apartments have a waiting list?
Rancho Del Sol Apartments 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 Rancho Del Sol Apartments?
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 Rancho Del Sol Apartments?
Rancho Del Sol Apartments is managed by Aspen Square Management headquartered in Gwynn Oak, Maryland.
In addition to Rancho Del Sol Apartments, how many other affordable housing properties (and units) are there in Peoria?
In addition to Rancho Del Sol Apartments, we list 10 other affordable properties in Peoria. Learn about these properties here. Our data research shows that there are a total of 831 affordable units in Peoria.
8610 N 91st Ave, Peoria, Arizona 85345
20702 N Lake Pleasant Rd, Peoria, Arizona 85382
13868 N 79th Avenue , Peoria, Arizona 85381
10245 N 87th Ave, Peoria, Arizona 85345
Know your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.Bri-Anna Barbosa says:
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