Villas of Hickory Estates is a beautifully designed community exclusively for independent adults 60 years and better. Each residence is single story and built to provide spacious comfort and a sense of individuality. Careful attention has been given to the design of each building to meet the needs of independent active seniors. Discover their affordable lifestyle with the amenities you deserve.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 739 | Call for Price |
Two Bedroom (2/1) | 974 | Call for Price |
Last updated on February 23rd, 2018
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 Balch Springs but actual income limits may differ for units at Villas of Hickory Estates.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $36,100 | $41,250 | $46,400 | $51,550 | $55,700 | $59,800 | $63,950 | $68,050 |
Low Income (60%) | $43,320 | $49,500 | $55,680 | $61,860 | $66,840 | $71,760 | $76,740 | $81,660 |
Villas of Hickory Estates is managed by Quest Asset Management.
Day | Hours |
---|---|
Monday | 8:00am-5:00am |
Tuesday | 8:00am-5:00am |
Wednesday | 8:00am-5:00am |
Thursday | 8:00am-5:00am |
Friday | 8:00am-5:00am |
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.