Bayberry Point I

406 Jessica St, Lafayette, LA 70501

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey, Ric Gresia
Rent Beds Baths SqFt
Call for Rents 3 - 4 Beds 2 Baths -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Family and Senior
check_circle  Affordable

Waitlist Forecast

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.

Bayberry Point is a community of stand-alone, single-family homes with 3- and 4-bedroom floor plans. These spacious units are an ideal housing choice for individuals and growing families alike. All homes are move-in ready and equipped with central heat/air, washer/dryer, refrigerator, range, dishwasher, and mini-blinds. Each house also has a private driveway with a carport. Bayberry Point is located in north Lafayette, conveniently close to the junction of I-49/US-167 and I-10. 

Dave's Thoughts On Bayberry Point I

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 Bayberry Point I 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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

Bayberry Point I Amenities

  • Community Room
  • Organized Activities
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Refrigerator
  • Oven and Range
  • Central Heat & Air
  • Mini Blinds & Curtain Rods
  • Picnic Area

Units at Bayberry Point I

Unit (Bd/Ba) Ft2 Rent
Three Bedroom (3/2) - Call for Price
Four Bedroom (4/2) - Call for Price

Income Qualification for Bayberry Point I

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 3 people 4 people 5 people 6 people 7 people 8 people
50% AMI for LIHTC Units $36,450 / year $40,500 / year $43,750 / year $47,000 / year $50,250 / year $53,500 / year
50% AMI for PBRA Units $36,450 / year $40,500 / year $43,750 / year $47,000 / year $50,250 / year $53,500 / year
60% AMI for LIHTC Units $43,740 / year $48,600 / year $52,500 / year $56,400 / year $60,300 / year $64,200 / year

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

FAQs for Bayberry Point I

Does Bayberry Point I have a waiting list?

Bayberry Point I 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 Bayberry Point I?

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 Bayberry Point I?

Bayberry Point I is managed by Olympia Management INC headquartered in Albertville, AL.

In addition to Bayberry Point I, how many other affordable housing properties (and units) are there in Lafayette?

In addition to Bayberry Point I, we list 94 other affordable properties in Lafayette. Learn about these properties here. Our data research shows that there are a total of 2801 affordable units in Lafayette.

When was the Bayberry Point I listing last updated?

Bayberry Point I listing on Affordable Housing Online was last updated on 03/06/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Bayberry Point I

Moss Gardens

411 Sonny St, Lafayette, Louisiana 70501

bed 1-2
payment Subsidized

Acadian Manor

201 Jeffrey Drive, Lafayette, Louisiana 70503

bed 1-3
payment Subsidized

Victory Village

102 Van Buren Dr, Lafayette, Louisiana 70507

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Bayberry Point IV

406 Jessica St., Lafayette, Louisiana 70506

bed 3-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Bayberry Point III

406 Jessica St., Lafayette, Louisiana 70506

bed 3-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Bayberry Point II

406 Jessica St., Lafayette, Louisiana 70506

bed 3-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

Email Signup
Don't Miss A Waiting List Opening