1500 Island View, Canyon Lake, TX 78133
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
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.
The Residence at Canyon Lake is a beautiful new, 55+ Senior community in Canyon Lake, Texas, offering modern 1- and 2-bedroom apartment homes. This tranquil community offers a peaceful location with breathtaking views. Your future home is within minutes of Canyon Lake and an easy commute to New Braunfels, San Marcos and San Antonio. Picturesque parks, the Guadalupe River, and the Texas Wine Trail are also nearby to explore. Relax in the comfort of your spacious, open-concept apartment home which features: fully-equipped kitchens with breakfast bars, as well as full-size washers and dryers. Live well at the Residence at Canyon Lake!
Because The Residences at Canyon Lake participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, 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) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,750 / year | $35,150 / year | $39,550 / year | $43,900 / year |
| 50% AMI for PBRA Units | $30,750 / year | $35,150 / year | $39,550 / year | $43,900 / year |
| 60% AMI for LIHTC Units | $36,900 / year | $42,180 / year | $47,460 / year | $52,680 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Residences at Canyon Lake have a waiting list?
The Residences at Canyon Lake 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 Residences at Canyon Lake?
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 Residences at Canyon Lake?
The Residences at Canyon Lake is managed by Seldin Company headquartered in Omaha , Nebraska.
In addition to The Residences at Canyon Lake, how many other affordable housing properties (and units) are there in Canyon Lake?
In addition to The Residences at Canyon Lake, we list 65 other affordable properties in Canyon Lake. Learn about these properties here. Our data research shows that there are a total of 65 affordable units in Canyon Lake.
12565 FM 306, Canyon Lake, Texas 78133
627 Buck Trail, Canyon Lake, Texas 78133
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Candice Bishop says:
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