Villa De Confianza
2060 North 35th Avenue
Phoenix, Maricopa County, Arizona 85009

Call (855) 598-3283, enter extension 11190, then hit #.

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Funding Programs

Villa De Confianza 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 De Confianza is among only 84 Section 202 properties in Arizona and 6,166 in the country.

Overview

Villa De Confianza 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 De Confianza is an apartment community containing 10 rental units. The property contains 20 bedrooms and based on typical apartment occupancy limits, Villa De Confianza is home to not more than 40 persons when fully occupied.

Rent Subsidies

Villa De Confianza 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 De Confianza contains a mix of 10 assisted two bedroom apartments for rent. There are 10 Two Bedroom apartments in this property. The unit mix is 100% Two Bedroom apartment rentals. The average bedroom size for Villa De Confianza is 2.

Arizona's 6th

Congressional District

10

Total Units

10

Project Based Sec. 8 Units

10

Section 202 Units

10

Senior Units

132.6

% of Fair Market Rent

28-Feb-17

Project Based Sec. 8 Contract Expiration

Two

Unit Mix

2

Average Bedroom Size

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