12620 Eastex Freeway, Houston, TX 77039
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $417 - 1,649 per Month† | 1 - 4 Beds | 1 - 2 Baths | - |
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 Twelve620 in Northeast Houston, TX. Choose from 1-, 2-, 3-, and 4-bedroom homes that fit your needs and budget. Experience elegance with faux wood flooring, comfort with central heat and air, and privacy with 2-inch plantation blinds. The fully equipped kitchens feature energy-efficient appliances. Enjoy the fitness center, swimming pool, and playground. The convenient business center helps you take care of tasks. Located near I-69, enjoy suburban living with easy access to the city. Experience unparalleled comfort, convenience, and affordability at Twelve620.
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 Twelve 620 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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) | 861ft2 | $417 $1,082† |
| Two Bedroom (2/2) | 1094-1102ft2 | $503 $1,301† |
| Three Bedroom (3/2) | 1279ft2 | $578 $1,499† |
| Four Bedroom (4/2) | 1517ft2 | $621 $1,649† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,650 / year | $37,300 / year | $41,950 / year | $46,600 / year | $50,350 / year | $54,100 / year | $57,800 / year | $61,550 / year |
| 50% AMI for PBRA Units | $32,650 / year | $37,300 / year | $41,950 / year | $46,600 / year | $50,350 / year | $54,100 / year | $57,800 / year | $61,550 / year |
| 60% AMI for LIHTC Units | $39,180 / year | $44,760 / year | $50,340 / year | $55,920 / year | $60,420 / year | $64,920 / year | $69,360 / year | $73,860 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Twelve 620 have a waiting list?
Twelve 620 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 Twelve 620?
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 Twelve 620?
Twelve 620 is managed by Solidago Residential Services headquartered in Austin, TX.
In addition to Twelve 620, how many other affordable housing properties (and units) are there in Houston?
In addition to Twelve 620, we list 330 other affordable properties in Houston. Learn about these properties here. Our data research shows that there are a total of 52275 affordable units in Houston.
When was the Twelve 620 listing last updated?
Twelve 620 listing on Affordable Housing Online was last updated on 02/08/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
10909 Fondren Rd, Houston, Texas 77096
5673 Yale Street, Houston, Texas 77076
Preferences must be verified by documents.
Have documentation ready that shows you qualify for a waiting list's preferences.Dale Brown says:
"Affordable Housing Online is a great website, I check it often to get my questions answered."
