Vineyard Estates
915 W Alta Vista Rd
Phoenix, Maricopa County, Arizona 85041

Call (855) 598-3283, enter extension 56388, then hit #.

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Funding Programs

Vineyard Estates 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 2000. The property was placed in service in 2002. 84 of 144 units at Vineyard Estates 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

Vineyard Estates 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).

Vineyard Estates is an apartment community containing 144 rental units. The property contains 392 bedrooms and based on typical apartment occupancy limits, Vineyard Estates is home to not more than 784 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

Vineyard Estates contains a mix of 144 assisted two, three, and four bedroom apartments for rent. There are 60 Two Bedroom, 64 Three Bedroom, and 20 Four Bedroom apartments in this property. The unit mix is 42% Two Bedroom, 44% Three Bedroom, and 14% Four Bedroom apartment rentals. The average bedroom size for Vineyard Estates is 2.72.

Arizona's 6th

Congressional District

144

Total Units

84

Tax Credit Units

Two, Three, and Four

Unit Mix

2.72

Average Bedroom Size

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