1600 W Camelback Rd, Phoenix, AZ 85015
Waiting List Forecast: Likely Short or None
Verified for 2019 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $584 - 1,051 per Month† | 1 - 2 Beds | 1 - 2 Baths | 710 - 1,017 Sq Ft |
This property is currently under construction.
The Revello is a brand new senior (55+) affordable community located on the north side of Camelback Road just west of 16th Avenue. Entry to this property is located on Camelback. The Revello is income restricted and Section 8 voucher holders are welcome. All utilities are included. Parking on site is very limited. The Revello is within walking distance of the light rail and close to downtown Phoenix and major highways.
Because The Revello Senior Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME 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 and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bed One Bath (1/1) | 710ft2 | $584 $876† |
| Two Bedroom Two Bath (2/2) | 1017ft2 | $701 $1,051† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $32,750 / year | $37,400 / year | $42,100 / year | $46,750 / year |
| 50% AMI for PBRA Units | $32,750 / year | $37,400 / year | $42,100 / year | $46,750 / year |
| 60% AMI for LIHTC Units | $39,300 / year | $44,880 / year | $50,520 / year | $56,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Revello Senior Apartments have a waiting list?
The Revello Senior Apartments 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 The Revello Senior Apartments?
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 The Revello Senior Apartments?
The Revello Senior Apartments is managed by Kay-Kay Realty Corp. headquartered in Scottsdale, AZ.
In addition to The Revello Senior Apartments, how many other affordable housing properties (and units) are there in Phoenix?
In addition to The Revello Senior Apartments, we list 325 other affordable properties in Phoenix. Learn about these properties here. Our data research shows that there are a total of 14964 affordable units in Phoenix.
14014 N. 32nd Street , Phoenix, Arizona 85032
16035 N 27th St , Phoenix, Arizona 85032
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Jacqueline Armstrong Sanders says:
"Affordable Housing Online is a great website to search for affordable housing nationwide."