859 S 12th St, Cottonwood, AZ 86326
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a HOME program 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.
Because Cottonwood Manor 1 participates in HUD's HOME program for rental housing, at least some of the units in this property are set aside for households at or below 60% of the AMI and rents are capped at the local FMR and in many cases much lower. For a 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 program. Since this property participates in the HOME program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $15,900 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $49,850 / year |
| 50% AMI for LIHTC Units | $26,450 / year | $30,200 / year | $34,000 / year | $37,750 / year | $40,800 / year | $43,800 / year | $46,850 / year | $49,850 / year |
| 50% AMI for PBRA Units | $26,450 / year | $30,200 / year | $34,000 / year | $37,750 / year | $40,800 / year | $43,800 / year | $46,850 / year | $49,850 / year |
| 80% AMI for PBRA Units | $42,300 / year | $48,350 / year | $54,400 / year | $60,400 / year | $65,250 / year | $70,100 / year | $74,900 / year | $79,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cottonwood Manor 1 have a waiting list?
Cottonwood Manor 1 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 Cottonwood Manor 1?
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.
In addition to Cottonwood Manor 1, how many other affordable housing properties (and units) are there in Cottonwood?
In addition to Cottonwood Manor 1, we list 9 other affordable properties in Cottonwood. Learn about these properties here. Our data research shows that there are a total of 539 affordable units in Cottonwood.
299 W Mingus Ave, Cottonwood, Arizona 86326
101 S 6th St, Cottonwood, Arizona 86326
1600 East Skyline Drive, Cottonwood, Arizona 86326
2470 S Mountain View Dr Unit B, Cottonwood, Arizona 86326
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Libby Trahan says:
"I knew nothing about Section 8 or other affordable housing options, but Affordable Housing Online is very informative and I have learned about resources that I never knew were available."