1915 Nine Rd, Brady, TX 76825
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $250 - 786 per Month† | 1 - 3 Beds | 1 - 2 Baths | 731 - 1,331 Sq Ft |
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.
Your perfect home awaits you at Trails of Brady, located in Brady, Texas. This brand new apartment community is situated in an area that boasts the perfect combination of comfort, affordability, and convenience. You are within walking distance from the finest selection of dining, shopping, and entertainment. Let Trails of Brady be your gateway to fun, excitement and never-ending possibilities.
The residences at Trails of Brady are designed to give you the best in apartment home living. Offering comfortable spacious floor plans with 1-, 2-, and 3-bedroom options to choose from. Carpeted floors, 9-foot ceilings, washer and dryer connections, and modern appliances are a few of the features these homes have to offer.
Trails of Brady provides residents with amenities to fit every lifestyle. Come on down and relax in the clubhouse. If you have children, a beautiful park to play in is offered. As a pet-friendly community, your furry friends are welcomed so bring the whole family. Come see why Trails of Brady is the perfect place to call 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 Trails of Brady 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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) | 731ft2 | $250 $579† |
| Two Bedroom (2/2) | 1008ft2 | $293 $688† |
| Three Bedroom (3/2) | 1331ft2 | $330 $786† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year | $38,950 / year | $41,850 / year |
| 50% AMI for PBRA Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year | $38,950 / year | $41,850 / year |
| 60% AMI for LIHTC Units | $30,300 / year | $34,620 / year | $38,940 / year | $43,260 / year | $46,740 / year | $50,220 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Trails of Brady Apartments have a waiting list?
Trails of Brady 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 Trails of Brady 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 Trails of Brady Apartments?
Trails of Brady Apartments is managed by Texas Housing Foundation headquartered in Marble Falls, TX.
In addition to Trails of Brady Apartments, how many other affordable housing properties (and units) are there in Brady?
In addition to Trails of Brady Apartments, we list 2 other affordable properties in Brady. Learn about these properties here. Our data research shows that there are a total of 268 affordable units in Brady.
When was the Trails of Brady Apartments listing last updated?
Trails of Brady Apartments listing on Affordable Housing Online was last updated on 11/21/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Applying for housing with bad credit.
Some housing assistance programs require a credit check, including Low-Income Housing Tax Credit apartments. Having bad credit may make you ineligible.Gina Pocan says:
"Thank you, Affordable Housing Online, for being there for some of the most vulnerable people."