383 South Stone Avenue, Tucson, AZ 85701
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
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.
Downtown Motor Apartments included demolition of a blighted structure (the façade of the main building will be retained) and new construction of 44 units of which 25 units are for veterans. . This property contains 35 one-bedroom, one-bathroom units and 9 two-bedroom, one-bathroom units. 16 units are reserved for households with incomes below 40% (Area Median Income) AMI, 20 for households with incomes below 50% AMI, and 8 units for households with incomes below 60% AMI. The developer is Compass Affordable Housing, Inc. and Bethel Development, Inc. is the co-developer.
Because Downtown Motor Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,450 / year | $32,500 / year | $36,550 / year | $40,600 / year |
| 50% AMI for PBRA Units | $28,450 / year | $32,500 / year | $36,550 / year | $40,600 / year |
| 60% AMI for LIHTC Units | $34,140 / year | $39,000 / year | $43,860 / year | $48,720 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Downtown Motor Apartments have a waiting list?
Downtown Motor 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 Downtown Motor 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.
In addition to Downtown Motor Apartments, how many other affordable housing properties (and units) are there in Tucson?
In addition to Downtown Motor Apartments, we list 102 other affordable properties in Tucson. Learn about these properties here. Our data research shows that there are a total of 6549 affordable units in Tucson.
When was the Downtown Motor Apartments listing last updated?
Downtown Motor Apartments listing on Affordable Housing Online was last updated on 03/10/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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