Matthew Henson Apartments - Phase I
1019 S 11th Ave
Phoenix, Maricopa County, Arizona 85007

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Funding Programs

Matthew Henson Apartments - Phase I was developed and operates with Federal housing financing. The property utilizes the Low Income Housing Tax Credit Federal housing program to make rent affordable to lower income tenants.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 2003. The property was placed in service in 2005. 148 of 198 units at Matthew Henson Apartments - Phase I are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was located in a Qualified Census Tract qualifying it for additional tax credit financing.

Overview

Matthew Henson Apartments - Phase I is an affordable apartment community located in Phoenix, Arizona which is located in Maricopa County. The property is located in Arizona's 6th Congressional District served by Representative David Schweikert (R), Senator John McCain (R) and Senator Jeff Flake (R).

Matthew Henson Apartments - Phase I is an apartment community containing 196 rental units. The property contains 468 bedrooms and based on typical apartment occupancy limits, Matthew Henson Apartments - Phase I is home to not more than 928 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

Matthew Henson Apartments - Phase I contains a mix of 196 assisted one, two, three, and four bedroom apartments for rent. There are 16 One Bedroom, 107 Two Bedroom, 54 Three Bedroom, and 19 Four Bedroom apartments in this property. The unit mix is 8% One Bedroom, 55% Two Bedroom, 28% Three Bedroom, and 10% Four Bedroom apartment rentals. The average bedroom size for Matthew Henson Apartments - Phase I is 2.36.

Arizona's 6th

Congressional District

196

Total Units

148

Tax Credit Units

One, Two, Three, and Four

Unit Mix

2.36

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data