3033 W Lake Rd, Abilene, TX 79601
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 1 - 2 Baths | - |
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.
Experience the best of Wilhoit Properties at Villages at West Lake in Abilene, Texas! The two-story apartment homes feature fully-equipped eat-in kitchens, ceiling fans, and walk-in closets. Water, sewer, trash, and monthly pest control are included.
Residents enjoy the swimming pool, clubhouse, playground, and picnic area with barbecue grills.
Conveniently located in North Abilene, this property is surrounded by great schools, colleges, shopping, entertainment, and more. Villages at West Lake is located just minutes away from Lake Fort Phantom and has immediate access to Interstate 20.
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 Villages at West Lake 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom One Bath (2/1) | - | Call for Price† |
| Two Bedroom Two Bath (2/2) | - | Call for Price† |
| Three Bedroom (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,650 / year | $29,300 / year | $32,950 / year | $36,600 / year | $39,550 / year | $42,500 / year |
| 50% AMI for PBRA Units | $25,650 / year | $29,300 / year | $32,950 / year | $36,600 / year | $39,550 / year | $42,500 / year |
| 60% AMI for LIHTC Units | $30,780 / year | $35,160 / year | $39,540 / year | $43,920 / year | $47,460 / year | $51,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Villages at West Lake have a waiting list?
Villages at West Lake 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 Villages at West Lake?
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 Villages at West Lake?
Villages at West Lake is managed by Wilhoit Properties headquartered in Springfield, MO.
In addition to Villages at West Lake, how many other affordable housing properties (and units) are there in Abilene?
In addition to Villages at West Lake, we list 130 other affordable properties in Abilene. Learn about these properties here. Our data research shows that there are a total of 1639 affordable units in Abilene.
When was the Villages at West Lake listing last updated?
Villages at West Lake listing on Affordable Housing Online was last updated on 04/15/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
If you're a homeless veteran, contact your VA Medical Center.
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