101 S STONE AVE, Tucson, AZ 85701
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $531 - 550 per Month† | Studio Bed | 1 Bath | 300 Sq Ft |
Since this property is a LIHTC 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.
“Rally Point Apartments” located at 101 S. Stone Avenue, is a Permanent Supportive Housing Project consisting of 30 single room occupancy units for single veterans who are Chronically Homeless. The Project targets incomes at 30% of the area median income. The units feature design elements that follow the Housing First Model including a single point of entry and supportive services. The project is an acquisition rehabilitation of a 108 year old Historic building in Downtown Tucson. All utilities included. Supportive services are provided by La Frontera Center. Inc. Units based on availability.
Because Rally Point 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 |
|---|---|---|
| Studio (Studio/1) | 300ft2 | $531 $550† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,050 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $28,450 / year | $32,500 / year | $36,550 / year | $40,600 / year | $43,850 / year | $47,100 / year | $50,350 / year | $53,600 / year |
| 50% AMI for PBRA Units | $28,450 / year | $32,500 / year | $36,550 / year | $40,600 / year | $43,850 / year | $47,100 / year | $50,350 / year | $53,600 / year |
| 60% AMI for LIHTC Units | $34,140 / year | $39,000 / year | $43,860 / year | $48,720 / year | $52,620 / year | $56,520 / year | $60,420 / year | $64,320 / year |
| 80% AMI for PBRA Units | $45,500 / year | $52,000 / year | $58,500 / year | $64,950 / year | $70,150 / year | $75,350 / year | $80,550 / year | $85,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Rally Point have a waiting list?
Rally Point 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 Rally Point ?
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 Rally Point ?
Rally Point is managed by Stonecorner Real Estate & Development headquartered in Tucson, AZ.
In addition to Rally Point , how many other affordable housing properties (and units) are there in Tucson?
In addition to Rally Point , we list 316 other affordable properties in Tucson. Learn about these properties here. Our data research shows that there are a total of 6549 affordable units in Tucson.
When was the Rally Point listing last updated?
Rally Point listing on Affordable Housing Online was last updated on 03/10/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
2323 E 10th St, Tucson, Arizona 85719
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