2655 Yori Ave, Reno, NV 89502
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 1.5 Bath | - |
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.
There are 11 1-bedroom units, 26 2-bedroom units, and 6 three-bedroom units. Many of the social and supportive services are located at the on-site Community Building. Cottonwood Village welcomes and encourages families in transition or who have a disabled family member to apply not only for a quality apartment, but also for services that will help strengthen family self-sufficiency and success.
Because Cottonwood Village 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. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/1.5) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,650 / year | $39,600 / year | $44,550 / year | $49,450 / year | $53,450 / year | $57,400 / year |
| 50% AMI for PBRA Units | $34,650 / year | $39,600 / year | $44,550 / year | $49,450 / year | $53,450 / year | $57,400 / year |
| 60% AMI for LIHTC Units | $41,580 / year | $47,520 / year | $53,460 / year | $59,340 / year | $64,140 / year | $68,880 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cottonwood Village have a waiting list?
Cottonwood Village 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 Cottonwood Village?
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 Cottonwood Village?
Cottonwood Village is managed by Apartmentsmart Generic headquartered in Salisbury, Maryland.
In addition to Cottonwood Village, how many other affordable housing properties (and units) are there in Reno?
In addition to Cottonwood Village, we list 66 other affordable properties in Reno. Learn about these properties here. Our data research shows that there are a total of 5630 affordable units in Reno.
You can still apply to online applications without internet access.
If you don't have internet access, go to a local public library that has devices with an online connection.Hisini Davis says:
"I love Affordable Housing Online, it shows me what's open and also when waiting lists close."
