Paradise Palms II

234 W Southern Ave, Phoenix, Arizona 85041

Paradise Palms II Apartments is in a great centralized location minutes from downtown Phoenix. Close to shopping, library, public transit. Spacious four bedroom apartments as well as 1 and 2 bedroom units.

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Message Paradise Palms II

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price

Paradise Palms II Details

  • 110 one bedroom units.
  • Walk Up
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Community Room
  • Pool
  • On-Site Parking
  • On-site social services
  • On Bus-line
  • Laundry Facility
  • Monthly Planned Activities
  • On-site Laundry

Unit Amenities

  • Air Conditioning
  • Refrigerator

Office Hours

Day Hours
Monday 8:30am-5:30pm
Tuesday 8:30am-5:30pm
Wednesday 8:30am-5:30pm
Thursday 8:30am-5:30pm
Friday 8:30am-5:30pm

Low-Income Housing Tax Credit (LIHTC)

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Phoenix Low-Income Housing Tax Credit Income Limits

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 Phoenix but actual income limits may differ for units at Paradise Palms II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,650 $31,600 $35,550 $39,500 $42,700 $45,850 $49,000 $52,150
Low Income (60%) $33,180 $37,920 $42,660 $47,400 $51,240 $55,020 $58,800 $62,580

Paradise Palms II is managed by Celtic Property Management.

Image of Paradise Palms II
Image of Paradise Palms II

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