11954 South 273rd East, Coweta, OK 74429
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 710 - 996 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.
Coweta Trails is located just 13 miles Southeast of Broken Arrow in Coweta, Oklahoma and is a 55+ senior housing development consisting of 56 units in a three-story building. The units are a mix of 1 & 2-bedroom/1-bathroom apartments with energy efficient appliances, large closets, washer and dryer connections, resilient plank flooring and central heat and air. Amenities available for tenants include a fitness room, computer area, community kitchen and coffee bar. There are common spaces on each floor perfect for social gatherings including a TV lounge, game room and crafting room. There is also a storm shelter and outdoor pergola with a seating area and grill. \
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 Coweta Trails 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 710ft2 | Call for Price† |
| 2 Bedroom (2/2) | 996ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,850 / year | $34,100 / year | $38,350 / year | $42,600 / year |
| 50% AMI for PBRA Units | $29,850 / year | $34,100 / year | $38,350 / year | $42,600 / year |
| 60% AMI for LIHTC Units | $35,820 / year | $40,920 / year | $46,020 / year | $51,120 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Coweta Trails have a waiting list?
Coweta Trails 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 Coweta Trails ?
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 Coweta Trails ?
Coweta Trails is managed by Green Companies Development Group, Inc headquartered in Inola, OK.
In addition to Coweta Trails , how many other affordable housing properties (and units) are there in Coweta?
In addition to Coweta Trails , we list 5 other affordable properties in Coweta. Learn about these properties here. Our data research shows that there are a total of 402 affordable units in Coweta.
When was the Coweta Trails listing last updated?
Coweta Trails listing on Affordable Housing Online was last updated on 05/20/2022 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
Looking for landlords who will take a Section 8 voucher?
Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.Douglas Cook says:
"Affordable Housing Online is a good resource to keep you updated."