Navapai Apartments

8800 E Yavapai Rd, Prescott Valley, Arizona 86314

Welcome to Navapai Apartments where you can soon call home! Navapai apartments are located in Prescott Valley off of Navajo. The community features 1, 2 and 3 bedroom apartments with connected storage units and on-site laundry. On site they offer laundry facilities, a playground for children, and each apartment has air conditioning! Schedule a tour and see why our residents call their community home!

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 650 Call for Price
2 Bedroom (2/1) 777 Call for Price
3 Bedroom (3/1) 828 Call for Price

Navapai Apartments Details

  • 26 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Playground
  • Laundry Room

Unit Amenities

  • Air Conditioning
  • Storage
  • Refrigerator
  • Oven and Range

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Prescott Valley 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 Prescott Valley but actual income limits may differ for units at Navapai Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $22,350 $25,550 $28,750 $31,900 $34,500 $37,050 $39,600 $42,150
Low Income (60%) $26,820 $30,660 $34,500 $38,280 $41,400 $44,460 $47,520 $50,580

Navapai Apartments is managed by The Michaels Organization.

Image of Navapai Apartments
Image of Navapai Apartments