15701 FM 1325 Rd., Austin, TX 78728
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,225 - 1,879 per Month† | 1 - 4 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.
Looking for luxury, affordable apartments in North Austin? Conveniently located off North MoPac Expy, The James on Grand Avenue offers the relaxed and rewarding lifestyle you're looking for, combining outstanding design and a host of top-notch amenities.
At The James on Grand Avenue, you’re only minutes away from The Domain, The Arboretum, IKEA, Walnut Creek Metropolitan Park, Kalahari Indoor Water Park, and the vibrant cultural scene of Austin! Coveted location, carefree living, and unmatched amenities all work together to create a lovely private respite. You may never want to leave home.
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 The James on Grand Avenue 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 |
|---|---|---|
| One Bedroom (1/1) | 651ft2 | $1,225† |
| Two Bedroom (2/2) | 902-918ft2 | $1,467† |
| Three Bedroom (3/2) | 1055ft2 | $1,693† |
| Four Bedroom (4/2) | 1304ft2 | $1,879† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year | $72,450 / year | $77,100 / year |
| 50% AMI for PBRA Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year | $63,100 / year | $67,750 / year | $72,450 / year | $77,100 / year |
| 60% AMI for LIHTC Units | $49,080 / year | $56,100 / year | $63,120 / year | $70,080 / year | $75,720 / year | $81,300 / year | $86,940 / year | $92,520 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The James on Grand Avenue have a waiting list?
The James on Grand Avenue 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 The James on Grand Avenue?
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 The James on Grand Avenue?
The James on Grand Avenue is managed by The NRP Group LLC headquartered in Cleveland , Ohio.
In addition to The James on Grand Avenue, how many other affordable housing properties (and units) are there in Austin?
In addition to The James on Grand Avenue, we list 215 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 The James on Grand Avenue listing last updated?
The James on Grand Avenue listing on Affordable Housing Online was last updated on 04/03/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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