Southwood Apartments

351 South St, Yerington, Nevada 89447

Welcome to Southwood Apartments – where the comfort of home meets affordable living. Southwood proudly serves individuals who need rental assistance. Applicants with and without housing choice vouchers are encouraged to inquire. Financing is managed by Nevada Rural Housing Authority (NRHA) and provided by the USDA 515 and the use of Low Income Housing Tax Credits (LIHTC).

When you’re a resident at Southwood Apartments, their numerous amenities will cater to all of your needs. Start your day in their community room ideal for socializing and unwinding, or relax and read a book in the library. Need a laptop? Not a problem! Their apartments offer a business center complete with computers and wifi, a playground, and washer/dryer hook-ups in every unit. In order to ensure your comfort, there is onsite management and security cameras available. The individual apartments have the option for one- and two-bedrooms floor-plans, all including energy efficient appliances, extra storage and HVAC systems.

Units

Unit (Bd/Ba) Ft2 Rent
1x1 (1/1) 684 Call for Price
2x1 (2/1) 858 Call for Price

Southwood Apartments Details

  • 26 one and two bedroom units.
  • Section 515 Rural Rental Housing
  • HOME Investment Partnerships Program
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Community Room
  • Business Center
  • Library
  • On-Site Manager
  • On-Site Parking
  • Surveillance Cameras

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Private Patios

Office Hours

Day Hours
Monday 8:00am-4:00pm
Tuesday 8:00am-4:00pm
Wednesday 8:00am-4:00pm
Thursday 8:00am-4:00pm
Friday 8:00am-12:00pm

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Southwood Apartments is managed by Blue Bird Property LLC.

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Image of Southwood Apartments
Image of Southwood Apartments