SavannahPark of Abernathy

1208 3rd St, Abernathy, Texas 79311

SavannahPark of Abernathy, located at 1208 3rd St in Abernathy, has one and two bedroom apartments. SavannahPark of Abernathy participates in the Low-Income Housing Tax Credit (LIHTC) and Section 515 Rural Rental Housing programs.

Contact SavannahPark of Abernathy

Message SavannahPark of Abernathy

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 652 Call for Price
2 Bedroom (2/1) 799 Call for Price

SavannahPark of Abernathy Details

  • 24 one and two bedroom units.
  • Water and Sewer utilities included in rent
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Energy Star Appliances
  • Pet Friendly

Unit Amenities

  • Garbage Disposal
  • Microwave
  • Walk-in Closet(s)
  • Spacious Closets
  • Refrigerator
  • Water Trash and Sewer Included
  • Bathroom Grab Bars
  • Central Heat & Air
  • Programmable Thermostats
  • Cable & Internet Ready
  • Mini Blinds & Curtain Rods

Office Hours

Day Hours
Monday 8:00am-3:00pm
Tuesday 8:00am-3:00pm
Wednesday 8:00am-3:00pm
Thursday 8:00am-3:00pm

About SavannahPark of Abernathy

SavannahPark of Abernathy is located in a quiet neighborhood. The newly remodeled property sits on a sprawling, well-manicured property that feels like a park. The schools and city park are within walking distance. Local ambulance service and clinic provide much needed services.

Abernathy is a great bedroom community of Lubbock with the benefits of a small town and the amenities of the city just a few minutes drive away.

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.

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.

Abernathy Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Abernathy but actual income limits may differ for units at SavannahPark of Abernathy.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $20,550 $23,500 $26,450 $29,350 $31,700 $34,050 $36,400 $38,750
Low Income (60%) $24,660 $28,200 $31,740 $35,220 $38,040 $40,860 $43,680 $46,500

SavannahPark of Abernathy was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

SavannahPark of Abernathy is managed by Belmont Management Company.

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