Villa Agave
7439 South 7th Street
Phoenix, Maricopa County, Arizona 85042

Call (855) 598-3283, enter extension 11227, then hit #.

Request an Application

Funding Programs

Villa Agave was developed and operates with Federal housing financing. The property utilizes the Section 202 Federal housing program to make rent affordable to lower income tenants.

Section 202

The property was developed with funding through the HUD Section 202 program which provides funding for housing for seniors who are 62 or older. The program provided both capital financing to construct the property and operating subsidies that work as rental assistance like the Section 8 program. Villa Agave is among only 84 Section 202 properties in Arizona and 6,166 in the country.

Overview

Villa Agave 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).

Villa Agave is an apartment community containing 8 rental units. The property contains 16 bedrooms and based on typical apartment occupancy limits, Villa Agave is home to not more than 32 persons when fully occupied.

Rent Subsidies

Villa Agave provides rental subsidies to renters. The type of subsidy provided to apartment renters in Phoenix, AZ by this property is Section 202 Rental Assistance.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is no minimum rent at this property for residents receiving a rent subsidy but in recent years, there has been discussions in Congress to implement a minimum rent in the Section 202 Program to reduce cost burden on the Federal budget.

Unit Mix

Villa Agave contains a mix of 8 assisted two bedroom apartments for rent. There are 8 Two Bedroom apartments in this property. The unit mix is 100% Two Bedroom apartment rentals. The average bedroom size for Villa Agave is 1.78.

Arizona's 6th

Congressional District

8

Total Units

8

Project Based Sec. 8 Units

8

Section 202 Units

8

Senior Units

114

% of Fair Market Rent

30-Sep-35

Project Based Sec. 8 Contract Expiration

Two

Unit Mix

1.78

Average Bedroom Size

Find More in Phoenix

Search Nearby Affordable Housing

Find More in Maricopa County

Search Nearby Affordable Housing

Find More in Arizona

Search Nearby Affordable Housing

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