696 North Market Street, Brenham, TX 77833
Waiting List Forecast: Likely Short or None
Verified for 2019 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $806 - 965 per Month† | 1 - 2 Beds | 1 - 2 Baths | 748 - 1,030 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.
Welcome to active adult senior living at its finest for adults ages 55 and better in Brenham, Texas. Belle Towers' fenced perimeter apartment community is across the street from Brenham Clinic and within walking distance to great entertainment, shopping, parks, and more. Opportunities to create new memories with friends and loved ones are endless, with tourist attractions, golf courses, local dining, and Fireman's Park minutes away. Their neighborhood is near everything you want and need.
Residents can enjoy all new amenities including private landscaped courtyard, cabana with seating, furnished fitness center, arts and crafts room, community room, equipped business center, decorative fountain, shuffleboard court, barbecue grills, covered entry, 5,000 square foot amenity center, accessible walking path, perimeter fencing and controlled gated access.
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 Belle Towers 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) | 748ft2 | $806 $857† |
| Two Bedroom (2/2) | 1030ft2 | $965† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,050 / year | $33,200 / year | $37,350 / year | $41,500 / year |
| 50% AMI for PBRA Units | $29,050 / year | $33,200 / year | $37,350 / year | $41,500 / year |
| 60% AMI for LIHTC Units | $34,860 / year | $39,840 / year | $44,820 / year | $49,800 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Belle Towers have a waiting list?
Belle Towers 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 Belle Towers?
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 Belle Towers?
Belle Towers is managed by Capstone Real Estate Services, Inc. headquartered in Austin, Texas.
In addition to Belle Towers, how many other affordable housing properties (and units) are there in Brenham?
In addition to Belle Towers, we list 16 other affordable properties in Brenham. Learn about these properties here. Our data research shows that there are a total of 1062 affordable units in Brenham.
2699 Schulte Blvd., Brenham, Texas 77833
2475 South Chappell Hill St, Brenham, Texas 77833
801 W Jefferson St, Brenham, Texas 77833
900 E Stone St, Brenham, Texas 77833
100 W Stone St, Brenham, Texas 77833
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