833 Main Street, Wellsville, KS 66092
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen CarterRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 3 Beds | 2 Baths | 1,640 Sq Ft |
This property is currently under construction.
Homes at Walnut Creek II are currently under construction. This will offer 14 new 3 bedroom, 2 bathroom homes.
Homes at Walnut Creek is an affordable housing community that offers 3 bedroom units.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Homes at Walnut Creek does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
3 Bedroom (3/2) | 1640ft2 | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $28,150 / year | $32,150 / year | $36,150 / year | $40,150 / year | $43,400 / year | $46,600 / year |
50% AMI for PBRA Units | $28,150 / year | $32,150 / year | $36,150 / year | $40,150 / year | $43,400 / year | $46,600 / year |
60% AMI for LIHTC Units | $33,780 / year | $38,580 / year | $43,380 / year | $48,180 / year | $52,080 / year | $55,920 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Homes at Walnut Creek have a waiting list?
Homes at Walnut Creek 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 Homes at Walnut Creek?
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 Homes at Walnut Creek?
Homes at Walnut Creek is managed by Belmont Management Company
In addition to Homes at Walnut Creek, how many other affordable housing properties (and units) are there in Wellsville?
In addition to Homes at Walnut Creek, we list 4 other affordable properties in Wellsville. Learn about these properties here. Our data research shows that there are a total of 104 affordable units in Wellsville.
When was the Homes at Walnut Creek listing last updated?
Homes at Walnut Creek listing on Affordable Housing Online was last updated on 04/05/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
102 Walnut St, Wellsville, Kansas 66092
833 Main St, Wellsville, Kansas 66092
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