1501 Saint Louis Street, New Orleans, LA 70112
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 621 - 840 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.
City Square 162 apartments feature one and two-bedroom garden apartments. Their spacious floorplans feature energy-efficient appliances, dark wood cabinetry, faux hardwood flooring, and a washer and dryer. After a day at work, enjoy some time in their modern fitness center with free weights or allow the little ones to have some fun at the playground. Spend time with friends on the rooftop terrace or enjoy the city lights and the fireworks show on the Fourth of July. Host get-togethers in Their chic clubhouse with plenty of room for friends and family. They know pets are family too, that's why their community is pet-friendly.
Remember, it's not just an apartment, it's your home! Looking for something specific? Their leasing specialists are ready to help you find the home that fits your needs.
City Square 162 has units that include features for persons with disabilities.
Because City Square 162 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 |
|---|---|---|
| 1 Bedroom (1/1) | 621ft2 | Call for Price† |
| 2 Bedroom (2/1) | 789ft2 | Call for Price† |
| 2 Bedroom (2/2) | 840ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,700 / year | $32,800 / year | $36,900 / year | $41,000 / year |
| 50% AMI for PBRA Units | $28,700 / year | $32,800 / year | $36,900 / year | $41,000 / year |
| 60% AMI for LIHTC Units | $34,440 / year | $39,360 / year | $44,280 / year | $49,200 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does City Square 162 have a waiting list?
City Square 162 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 City Square 162?
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 City Square 162?
City Square 162 is managed by McCormack Baron Management headquartered in Saint Louis , Missouri.
In addition to City Square 162, how many other affordable housing properties (and units) are there in New Orleans?
In addition to City Square 162, we list 298 other affordable properties in New Orleans. Learn about these properties here. Our data research shows that there are a total of 9294 affordable units in New Orleans.
When was the City Square 162 listing last updated?
City Square 162 listing on Affordable Housing Online was last updated on 03/17/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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