150 Hanover Road, Davis, OK 73030
Waiting List Forecast: Likely Short or None
Verified for 2019 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 1 - 2 Baths | 989 - 1,240 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.
Villas of Hanover is a newly constructed apartment community with beautiful 2 and 3 bedroom units available. The property offers a large community room for resident functions, a computer center, fitness center and storm shelter.
Davis offers a friendly community with plenty of outdoor activities to keep you busy. The small town charm can be seen in the period lighting along Main Street, the unique storefronts and the smiling faces of Davis residents.
Because The Villas of Hanover 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 |
|---|---|---|
| Two Bedroom (2/1) | 989ft2 | Call for Price† |
| Town home (3/2) | 1031ft2 | Call for Price† |
| Single Story (3/2) | 1240ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $24,000 / year | $27,400 / year | $30,850 / year | $34,250 / year | $37,000 / year | $39,750 / year |
| 50% AMI for PBRA Units | $24,000 / year | $27,400 / year | $30,850 / year | $34,250 / year | $37,000 / year | $39,750 / year |
| 60% AMI for LIHTC Units | $28,800 / year | $32,880 / year | $37,020 / year | $41,100 / year | $44,400 / year | $47,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Villas of Hanover have a waiting list?
The Villas of Hanover 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 The Villas of Hanover?
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 The Villas of Hanover?
The Villas of Hanover is managed by Hamilton Properties Corporation headquartered in springfield, mo.
In addition to The Villas of Hanover, how many other affordable housing properties (and units) are there in Davis?
In addition to The Villas of Hanover, we list 2 other affordable properties in Davis. Learn about these properties here. Our data research shows that there are a total of 65 affordable units in Davis.
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Dale Brown says:
"Affordable Housing Online is a great website, I check it often to get my questions answered."