1110 N DYSART RD, Avondale, AZ 85323
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 4 Beds | 1 - 2 Baths | 729 - 1,371 Sq Ft |
Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.
Phases I & II of Madison Heights are a two-phased redevelopment on one site. The projects are the first Rental Assistance Demonstration (RAD) program transaction to take place in Arizona. Madison Heights Phases I & II will include both demolition and new construction of blighted public housing.
Currently, 77 units sit on the site. After the redevelopment, those 77 units will be replaced in Phase I. Of the 77 units, there are 19 one bedroom, 26 two bedroom, 30 three bedroom and 2 four bedroom. 30 will be set-aside as permanent supportive housing and 24 units set aside for households with children. The set-aside for the units will be 30 units at 30%, 32 units at 50% and 15 units at 60% AMI.
Madison Heights Phase II will create an additional 66 units to the site, with 20 units set aside for households with children, 13 one bedroom, 21 two bedroom, 30 three bedroom and 2 four bedroom. The set-aside for the units will be 24 units at 40%, 30 units at 50% and 12 units at 60%.
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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the RAD Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since MADISON HEIGHTS PHASE I has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 BD (1/1) | 729ft2 | Call for Price† |
| 2 BD (2/2) | 905ft2 | Call for Price† |
| 3 BD (3/2) | 1166ft2 | Call for Price† |
| 4 BD (4/2) | 1371ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $19,650 / year | $22,450 / year | $25,250 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $32,750 / year | $37,400 / year | $42,100 / year | $46,750 / year | $50,500 / year | $54,250 / year | $58,000 / year | $61,750 / year |
| 50% AMI for PBRA Units | $32,750 / year | $37,400 / year | $42,100 / year | $46,750 / year | $50,500 / year | $54,250 / year | $58,000 / year | $61,750 / year |
| 60% AMI for LIHTC Units | $39,300 / year | $44,880 / year | $50,520 / year | $56,100 / year | $60,600 / year | $65,100 / year | $69,600 / year | $74,100 / year |
| 80% AMI for PBRA Units | $52,400 / year | $59,850 / year | $67,350 / year | $74,800 / year | $80,800 / year | $86,800 / year | $92,800 / year | $98,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does MADISON HEIGHTS PHASE I have a waiting list?
MADISON HEIGHTS PHASE I probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at MADISON HEIGHTS PHASE I?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
In addition to MADISON HEIGHTS PHASE I, how many other affordable housing properties (and units) are there in Avondale?
In addition to MADISON HEIGHTS PHASE I, we list 17 other affordable properties in Avondale. Learn about these properties here. Our data research shows that there are a total of 868 affordable units in Avondale.
When was the MADISON HEIGHTS PHASE I listing last updated?
MADISON HEIGHTS PHASE I 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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