311 Starner Ln., Billings, MT 59105
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 Bath | 550 - 760 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.
Welcome to your new home in Billings. The Starner Gardens rich, inviting design reflects the property’s agricultural history in a town quickly growing in desirability. Experience modern living with convenience on a brand new property built for livability and comfort.
Your new home at Starner Gardens is centrally located off Lake Elmo Drive and Judith Lane in Montana’s largest city. Residents of Billings are quick to boast about its incredible goodness: the people, the excellent educational and medical institutions, and the history and culture of the area, not to mention its access to nature. At Starner Gardens, you are free to enjoy all of these while taking advantage of being close to retail, services, parks, bus line, and only two miles from downtown Billings. These new homes for seniors aged 55 and older were designed with convenience and comfort in mind.
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 Starner Gardens 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 Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 550ft2 | Call for Price† |
1 Bedroom Cottage (1/1) | 675ft2 | Call for Price† |
2 Bedroom Cottage (2/1) | 740ft2 | Call for Price† |
2 Bedroom (2/1) | 760ft2 | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
50% AMI for LIHTC Units | $31,400 / year | $35,850 / year | $40,350 / year | $44,800 / year |
50% AMI for PBRA Units | $31,400 / year | $35,850 / year | $40,350 / year | $44,800 / year |
60% AMI for LIHTC Units | $37,680 / year | $43,020 / year | $48,420 / year | $53,760 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Starner Gardens have a waiting list?
Starner Gardens 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 Starner Gardens?
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 Starner Gardens?
Starner Gardens is managed by Sanderson Stewart headquartered in Billings, Montana .
In addition to Starner Gardens, how many other affordable housing properties (and units) are there in Billings?
In addition to Starner Gardens, we list 61 other affordable properties in Billings. Learn about these properties here. Our data research shows that there are a total of 2736 affordable units in Billings.
107 N 28th St, Billings, Montana 59101
715 S 28th St, Billings, Montana 59101
1301 Industrial Avenue, Billings, Montana 59101
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Dawn Cournoyer says:
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