9125 North Plz, Austin, TX 78753
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 1.5 Bath | 553 - 1,044 Sq Ft |
Since this property is a LIHTC property that may have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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 Oaks on North Plaza Apartments is perfect for renters seeking stylish, affordable apartments. Activities abound at the nearby Gustavo “Gus” L. Garcia Recreation Center which features a gymnasium with six basketball goals, a climbing rock wall, a fitness center, public computers, and more. Residents with children will love being minutes away from the Thinkery, a children’s museum, and have a choice of several schools including the highly regarded Hart Elementary School. You’ll also find plenty of parklands nearby where you can spend precious downtime relaxing close to nature or use any number of hiking trails to stay active.
Oaks on North Plaza offer 1-, 2-, and 3-bedroom apartment homes for rent and come with an in-home washer and dryer, mini blinds, some paid utilities, a microwave, a refrigerator, a dishwasher, and ceiling fans. Units have central heating and air conditioning for year-round comfort. Built in 1980, the Oaks on North Plaza Apartments has been maintained to a very high standard. Renters will find living here a pleasure, finding a welcoming place to call home.
Just 20 minutes from downtown Austin, Texas, Oaks on North Plaza Apartments are located in family-friendly Heritage Hills, a quiet and diverse community with well-maintained properties. There is a state-of-the-art fitness center, executive business center, a social service program, and complimentary Wi-fi throughout the community. You’ll love the secure, restful lifestyle with on-site and on-call maintenance.
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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Oaks on North Plaza has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 553ft2 | Call for Price† |
| Two Bedroom One Half Bath (2/1.5) | 877ft2 | Call for Price† |
| Two Bedroom One Bath (2/1) | 910ft2 | Call for Price† |
| Three Bedroom (3/1.5) | 1044ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $24,550 / year | $28,050 / year | $31,550 / year | $35,050 / year | $37,900 / year | $40,700 / year |
| 50% AMI for LIHTC Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year |
| 50% AMI for PBRA Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year |
| 60% AMI for LIHTC Units | $49,080 / year | $56,100 / year | $63,120 / year | $70,080 / year | $75,720 / year | $81,300 / year |
| 80% AMI for PBRA Units | $65,450 / year | $74,800 / year | $84,150 / year | $93,450 / year | $100,950 / year | $108,450 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Oaks on North Plaza have a waiting list?
Oaks on North Plaza probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Oaks on North Plaza?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Oaks on North Plaza?
Oaks on North Plaza is managed by Related Companies headquartered in Irvine, California.
In addition to Oaks on North Plaza, how many other affordable housing properties (and units) are there in Austin?
In addition to Oaks on North Plaza, 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 Oaks on North Plaza listing last updated?
Oaks on North Plaza listing on Affordable Housing Online was last updated on 01/30/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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