Arrowsmith Apartments

5701 Williams Dr, Corpus Christi, Texas 78412

Arrowsmith Apartments, located at 5701 Williams Dr in Corpus Christi, has one, two and three bedroom apartments. Arrowsmith Apartments participates in the Section 8 Project-Based Rental Assistance and Low-Income Housing Tax Credit (LIHTC) programs.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based
2 Bedroom (2/1) - Income Based
3 Bedroom (3/1) - Income Based

Arrowsmith Apartments Details

  • 70 one, two and three bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Playground
  • Community Room
  • On-Site Management
  • On-Site Parking
  • Secured Entry
  • On-Site Maintenance
  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Cable Ready
  • Carpet
  • Storage
  • Central Heat & Air
  • Stove
  • Private Patio/Balcony
  • Frost-Free Refrigerator

About Arrowsmith Apartments

Welcome to Arrowsmith Apartments where you can find comfortable and affordable living for your entire family in south Corpus Christi close to the waterfront, beaches, dining, shopping and B bus. Our community features a mix of one-, two- and three-bedroom family, garden-style apartment homes with three different floor plans. All units have central heating, air conditioning and either a patio or balcony. Our residents enjoy a wide variety of amenities including a community room with kitchen, laundry facilities and on-site parking. Our professional staff looks forward to providing you with the highest standard of professional property management and are committed to improving the communities where we live and work. It's a great place to call home.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Low-Income Housing Tax Credit (LIHTC)

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.

Corpus Christi HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,950 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
80% $37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050

Corpus Christi Low Income Housing Tax Credit Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
60% $27,900 $31,860 $35,820 $39,780 $43,020 $46,200 $49,380 $52,560

These general income qualifications for Corpus Christi, Texas should only be used as a basic guide. To find out if you qualify, contact the community directly.

Arrowsmith Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Arrowsmith Apartments has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

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.

Arrowsmith Apartments is managed by Monroe Group Ltd..

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