Pinetop Hills

1450 S. Emma Dr. , Pinetop, Arizona 85935

Pinetop Hills offers matchless affordability in one of the most desirable living areas in Arizona. Located in the heart of Pinetop, this community is just blocks from acclaimed schools, sophisticated shopping, fantastic dining and entertainment venues. Pinetop Hills is just minutes from limitless recreational activities such as world class golfing, hiking and relaxing at nearby parks. 

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/0) - Call for Price
Two Bedroom (2/0) - Call for Price
Three Bedroom (3/0) - Call for Price

Pinetop Hills Details

  • 64 one, two and three bedroom units.
  • Walk Up
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program
  • Section 538 Guaranteed Rural Rental Housing

Property Amenities

  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Shopping
  • Near Schools
  • Near Post Office

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.

Section 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

Pinetop HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Pinetop but actual income limits may differ for units at Pinetop Hills.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $12,880 $17,420 $21,960 $25,950 $28,050 $30,150 $32,200 $34,300
50% $18,200 $20,800 $23,400 $25,950 $28,050 $30,150 $32,200 $34,300
80% $29,050 $33,200 $37,350 $41,500 $44,850 $48,150 $51,500 $54,800

Pinetop 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 Pinetop but actual income limits may differ for units at Pinetop Hills.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $18,200 $20,800 $23,400 $25,950 $28,050 $30,150 $32,200 $34,300
Low Income (60%) $21,840 $24,960 $28,080 $31,140 $33,660 $36,180 $38,640 $41,160
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