1501 Old Main St, Newton, KS 67114
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $470 - 760 per Month† | 1 - 3 Beds | 1 - 2 Baths | 720 - 1,080 Sq Ft |
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.
If you have ever wanted to get away from the big city, but be located only 30 minutes from Wichita, South Park is the place to be. A combination of spacious floor plans, playground, basketball goal, caring staff, competitive pricing and a real sense of community, you will want to call South Park home. It is also located just a couple of minutes from the new Newton Medical Center.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests South Park Apartments II does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 720ft2 | $470 $520† |
| Two Bedrooms (2/1) | 920ft2 | $550 $625† |
| Two Bedrooms (2/1.5) | 960ft2 | $610 $700† |
| Three Bedrooms (3/2) | 1080ft2 | $640 $760† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,800 / year | $34,050 / year | $38,300 / year | $42,550 / year | $46,000 / year | $49,400 / year |
| 50% AMI for PBRA Units | $29,800 / year | $34,050 / year | $38,300 / year | $42,550 / year | $46,000 / year | $49,400 / year |
| 60% AMI for LIHTC Units | $35,760 / year | $40,860 / year | $45,960 / year | $51,060 / year | $55,200 / year | $59,280 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does South Park Apartments II have a waiting list?
South Park Apartments II 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 South Park Apartments II?
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 South Park Apartments II, how many other affordable housing properties (and units) are there in Newton?
In addition to South Park Apartments II, we list 10 other affordable properties in Newton. Learn about these properties here. Our data research shows that there are a total of 451 affordable units in Newton.
More people usually means more waiting lists.
Areas with the highest populations tend to have the most amount of waiting list opportunities.Courtney Cannon Scott says:
"Affordable Housing Online is a very good, comprehensive resource for finding affordable housing in the U.S. and its territories!"