1100 South Kelly Avenue, Edmond, OK 73003
Waiting List Forecast: Likely Short or None
Verified for 2019 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 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.
The Villas of Edmond is an Independent Senior Living community for those 62 and over. Their apartment homes feature amazing amenities in a friendly, community atmosphere. We are located approximately 15 miles north of Oklahoma City in Oklahoma. Their homes feature attractive and spacious one and two-bedroom apartment floor plans suited for your lifestyle.
At The Villas of Edmond, you can enjoy worry-free living in a community of your peers! Their apartments provide you with the space and privacy you desire, and their senior apartment amenities will delight and entertain you. At The Villas of Edmond apartments, they seek to do more than simply meet your needs, they seek to build a sense of community!
Because Villas of Edmond 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 |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,100 / year | $34,400 / year | $38,700 / year | $43,000 / year |
| 50% AMI for PBRA Units | $30,100 / year | $34,400 / year | $38,700 / year | $43,000 / year |
| 60% AMI for LIHTC Units | $36,120 / year | $41,280 / year | $46,440 / year | $51,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Villas of Edmond have a waiting list?
Villas of Edmond 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 Villas of Edmond?
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 Villas of Edmond?
Villas of Edmond is managed by RichSmith Management headquartered in North Little Rock, AR.
In addition to Villas of Edmond, how many other affordable housing properties (and units) are there in Edmond?
In addition to Villas of Edmond, we list 32 other affordable properties in Edmond. Learn about these properties here. Our data research shows that there are a total of 1046 affordable units in Edmond.
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Michelle Eans says:
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