Roosevelt Terrace

1255 W Roosevelt St, Baton Rouge, LA 70802

Waiting List Forecast: Closed

check_circleVerified for 2023 by Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths -

Waitlist Information

Autumn Place Townhomes, Willow Creek Townhomes, Roosevelt Terrace Townhomes, River South I and River South II Waiting List

Go to the public housing authority page for this waiting list >>

Roosevelt Terrace is a recently renovated community featuring 40 units consisting of 20 one-bedroom, 10 two-bedroom and 10 three-bedroom apartments. 

The community is situated on a two-acre site within walking distance of city bus stops, shopping, grocery stores, banks, Louisiana State University, schools and churches. It is also conveniently located minutes away from the central business district, a park, a community center, Louisiana Technical College, George Washington Carver Library and McKinley Head Start Center.

Units have refrigerators, range/ovens, washer connections, fire extinguishers, smoke detectors, closets and storage pantries. An administration and maintenance building onsite offers laundry facilities.

 

Dave's Thoughts On Roosevelt Terrace

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 Roosevelt Terrace 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Roosevelt Terrace Amenities

  • On-Site Manager
  • Refrigerator
  • Oven and Range
  • Community Media Center
  • Near Bus Line
  • Laundry Facilities
  • Full-Size Washer & Dryer Connections
  • Fire Sprinklers and Monitored Alarms

Units at Roosevelt Terrace

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

Income Qualification for Roosevelt Terrace

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
30% AMI for PBRA Units $17,750 / year $20,250 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $29,550 / year $33,750 / year $37,950 / year $42,150 / year $45,550 / year $48,900 / year
50% AMI for PBRA Units $29,550 / year $33,750 / year $37,950 / year $42,150 / year $45,550 / year $48,900 / year
60% AMI for LIHTC Units $35,460 / year $40,500 / year $45,540 / year $50,580 / year $54,660 / year $58,680 / year
80% AMI for PBRA Units $47,250 / year $54,000 / year $60,750 / year $67,450 / year $72,850 / year $78,250 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Roosevelt Terrace

Does Roosevelt Terrace have a waiting list?

Roosevelt Terrace has a waiting list. See above for waiting list details.

Are rents subsidized at Roosevelt Terrace?

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 Roosevelt Terrace?

Roosevelt Terrace is managed by NDC Asset Management headquartered in Lake Charles , Louisiana.

In addition to Roosevelt Terrace, how many other affordable housing properties (and units) are there in Baton Rouge?

In addition to Roosevelt Terrace, we list 82 other affordable properties in Baton Rouge. Learn about these properties here. Our data research shows that there are a total of 7727 affordable units in Baton Rouge.

When was the Roosevelt Terrace listing last updated?

Roosevelt Terrace listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Roosevelt Terrace

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Oakwood Terrace Homes

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Canterbury House Apartments - Sherwood

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Cedar Pointe Homes

6238 Cedar Pointe Blvd, Baton Rouge, Louisiana 70812

Sharlo Terrace II

1808 Brightside Dr, Baton Rouge, Louisiana 70820

St. Theresa Senior Housing

3620 Winbourne Ave, Baton Rouge, Louisiana 70805

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.