3440 Simpson Stuart Rd., Dallas, TX 75241
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 725 - 1,160 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.
With premium finishes and wide-open spaces, each floor plan from Palladium Simpson Stuart brings you unparalleled luxury without sacrificing on comfort. Purely contemporary, the beautiful community playfully highlights the structure of the grounds and community attractions such as the resort-style swimming pool.
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 Palladium Simpson Stuart 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 725ft2 | Call for Price† |
| Two Bedroom (2/2) | 1005ft2 | Call for Price† |
| Three Bedroom (3/2) | 1160ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $36,100 / year | $41,250 / year | $46,400 / year | $51,550 / year | $55,700 / year | $59,800 / year |
| 50% AMI for PBRA Units | $36,100 / year | $41,250 / year | $46,400 / year | $51,550 / year | $55,700 / year | $59,800 / year |
| 60% AMI for LIHTC Units | $43,320 / year | $49,500 / year | $55,680 / year | $61,860 / year | $66,840 / year | $71,760 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Palladium Simpson Stuart have a waiting list?
Palladium Simpson Stuart 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 Palladium Simpson Stuart?
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 Palladium Simpson Stuart?
Palladium Simpson Stuart is managed by Palladium Management headquartered in Dallas, Texas.
In addition to Palladium Simpson Stuart, how many other affordable housing properties (and units) are there in Dallas?
In addition to Palladium Simpson Stuart, we list 217 other affordable properties in Dallas. Learn about these properties here. Our data research shows that there are a total of 34917 affordable units in Dallas.
When was the Palladium Simpson Stuart listing last updated?
Palladium Simpson Stuart listing on Affordable Housing Online was last updated on 04/02/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Know your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.Shirley Toran says:
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