Villas on Sixth, located at 2011 E 6th St in Austin, has one, two and three bedroom apartments. Villas on Sixth participates in the Low-Income Housing Tax Credit (LIHTC) program.
|The Nueces (1 Bedroom) (1/1)||756||Call for Price|
|The Pecos (2 Bedroom) (2/2)||917||Call for Price|
|The Sabine (3 Bedroom) (3/2)||1,055||Call for Price|
Villas on Sixth is quality living at an affordable price! You can experience downtown living but still maintain that rural feel. Located in beautiful Austin, Texas, Villas on Sixth is conveniently located near parks, restaurants, grocery stores, libraries, and medical facilities. You get all that at Villas on Sixth and more in walking distance. Our beautiful community also offers a 24 hr gym, business center, wi-fi coffee lounge, dog park, sparkling pool and a laundry center. All homes come with washer and dryer connections, gas stoves, spacious floor plans with downtown views. Please call or stop by today for a tour!
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.
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 Austin but actual income limits may differ for units at Villas on Sixth.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$33,150||$37,850||$42,600||$47,300||$51,100||$54,900||$58,700||$62,450|
|Low Income (60%)||$39,780||$45,420||$51,120||$56,760||$61,320||$65,880||$70,440||$74,940|
Villas on Sixth 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.
Villas on Sixth is managed by Guardian Real Estate Services.