3300 Manor Rd., Austin, TX 78723
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 1 Bed | 1 Bath | - |
This property is currently under construction.
Urban design apartment homes in Austin, Texas. Kensington is a small community designed just for you. A variety of resident privileges and 1-bedroom apartment homes with comfortable interiors. The Kensington is close to schools, entertainment and all that Austin has to offer.
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 Kensington Apartments 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 |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| One Bedroom (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people |
|---|---|---|
| 50% AMI for LIHTC Units | $40,900 / year | $46,750 / year |
| 50% AMI for PBRA Units | $40,900 / year | $46,750 / year |
| 60% AMI for LIHTC Units | $49,080 / year | $56,100 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Kensington Apartments have a waiting list?
Kensington Apartments 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 Kensington Apartments?
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 Kensington Apartments?
Kensington Apartments is managed by Asset Living Property Management headquartered in Houston, Texas.
In addition to Kensington Apartments, how many other affordable housing properties (and units) are there in Austin?
In addition to Kensington Apartments, we list 533 other affordable properties in Austin. Learn about these properties here. Our data research shows that there are a total of 30022 affordable units in Austin.
When was the Kensington Apartments listing last updated?
Kensington Apartments listing on Affordable Housing Online was last updated on 04/25/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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More people usually means more waiting lists.
Areas with the highest populations tend to have the most amount of waiting list opportunities.Lisa Selby says:
"After years of applying for Section 8 and never being called, this website is the reason I finally received my voucher, and just moved into my new apartment! If I had not started receiving alerts from Affordable Housing Online of waiting list openings in my area, I would not be where I am today!"