1151 Burt Hill Drive SW, Fort Payne, AL 35968
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $372 - 464 per Month† | 1 - 2 Beds | 1 Bath | 768 - 976 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.
Deer Ridge II Apartments is a beautiful new affordable housing complex that opened in early 2015. We are specifically designed for independent seniors over 55 years of age. We offer spacious 1 and 2 bedroom units, many with accessible and safety features.
Our apartment amenities include air conditioning, covered porches, fully equipped kitchens, W/D hook-ups and extra storage area. Our property amenities include a monthly newsletter, game & movie nights, potluck dinner and cookouts as well as the many amenities listed below. We are in a quiet neighborhood, but close to shopping.
Deer Ridge II is professionally managed and maintained by Vantage Management. Please contact our friendly staff for more information. Please download our application from this website and return it to our office.
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 Deer Ridge 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) | 768ft2 | $372† |
| Two Bedroom (2/1) | 976ft2 | $464† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $22,850 / year | $26,100 / year | $29,350 / year | $32,600 / year |
| 50% AMI for PBRA Units | $22,850 / year | $26,100 / year | $29,350 / year | $32,600 / year |
| 60% AMI for LIHTC Units | $27,420 / year | $31,320 / year | $35,220 / year | $39,120 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Deer Ridge II have a waiting list?
Deer Ridge 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 Deer Ridge 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.
What property management company manges Deer Ridge II?
Deer Ridge II is managed by The Vantage Group headquartered in Fyffe, Alabama.
In addition to Deer Ridge II, how many other affordable housing properties (and units) are there in Fort Payne?
In addition to Deer Ridge II, we list 10 other affordable properties in Fort Payne. Learn about these properties here. Our data research shows that there are a total of 708 affordable units in Fort Payne.
240 55th Street Northeast, # A1, Fort Payne, Alabama 35967
280 55th St NE, Fort Payne, Alabama 35967
3000 Hixon Pond NW, Fort Payne, Alabama 35967
601 Greenhill Blvd NW, Fort Payne, Alabama 35967
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"Affordable Housing Online is a great resource to finding Section 8 waitlists that are open!"