Katherine Heights Villas and Townhomes is a beautiful, affordable, new rental community nestled in the foothills above Bullhead City, Arizona and Laughlin, Nevada. Katherine Heights is an affordable housing option unlike any other rental apartment housing in the area.
The townhomes are three bedroom, two bath, 2 car attached garage units with private rear yards. The units are approximately 1100 square feet offering spacious living conditions. The townhomes are all duplex units, thus giving the feel of single family housing.
The villas, also duplex units, are beautiful and spacious two bedroom, one bath, one car attached garage units. These units are approximately 925 square feet complete with washer/dryer hook ups, dishwashers, garbage disposals, high ceilings, and other amenities.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Bullhead City but actual income limits may differ for units at Katherine Heights Townhomes and Villas.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$21,850||$24,950||$28,050||$31,150||$33,650||$36,150||$38,650||$41,150|
|Low Income (60%)||$26,220||$29,940||$33,660||$37,380||$40,380||$43,380||$46,380||$49,380|