242 W Minor St, Winnemucca, NV 89445
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 700 - 1,015 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.
Welcome to Larios Arms Apartments – where the comfort of home meets affordable living. Larios Arms proudly serves seniors 55 years and over, and has a veterans preference for individuals in need of rental assistance. Applicants with and without housing choice vouchers, or veterans affairs supportive housing vouchers are encouraged to inquire. Financing is managed by Nevada Rural Housing Authority (NRHA) and provided by the USDA 515 and the use of Low Income Housing Tax Credits (LIHTC).
Larios Arms Apartments comes with all the comforts and conveniences you’d expect a home to have. Start your day taking in the sights on your private patio or end it with a book in the library. Work from home or connect with family and friends in the community’s shared business room complete with computers and wifi. Plus, a playground, a laundry facility and a community room ideal for getting to know your neighbors are all steps away from your unit. In order to ensure your comfort and safety, there is onsite management and security cameras throughout. The individual apartments have the option for one- and two-bedroom apartment floor-plans equipped with air conditioning, washer/dryer hookups, and private patios.
Because Larios Arms Senior 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. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1x1 (1/1) | 700ft2 | Call for Price† |
| 2x2 (2/2) | 1015ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $20,250 / year | $23,150 / year | $26,050 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $33,750 / year | $38,600 / year | $43,400 / year | $48,200 / year |
| 50% AMI for PBRA Units | $33,750 / year | $38,600 / year | $43,400 / year | $48,200 / year |
| 60% AMI for LIHTC Units | $40,500 / year | $46,320 / year | $52,080 / year | $57,840 / year |
| 80% AMI for PBRA Units | $54,000 / year | $61,700 / year | $69,400 / year | $77,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Larios Arms Senior Apartments have a waiting list?
Larios Arms Senior 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 Larios Arms Senior 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.
What property management company manges Larios Arms Senior Apartments?
Larios Arms Senior Apartments is managed by Blue Bird Property LLC
In addition to Larios Arms Senior Apartments, how many other affordable housing properties (and units) are there in Winnemucca?
In addition to Larios Arms Senior Apartments, we list 10 other affordable properties in Winnemucca. Learn about these properties here. Our data research shows that there are a total of 361 affordable units in Winnemucca.
When was the Larios Arms Senior Apartments listing last updated?
Larios Arms Senior Apartments listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Michelle Eans says:
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