2519 John West Rd., Dallas, TX 75228
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $556 - 1,377 per Month† | 1 - 2 Beds | 1 - 2 Baths | 750 - 987 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.
The Positano is an affordable apartment community designed specifically for independent adults 55+! Located in Dallas, Texas, The Positano goes the extra mile offering a wide range of services and programs to help you stay involved and active. The Resident Activity Coordinator reassures that you will be welcomed into the community and connected to the services you need. The Positano offers everything from exercise and water aerobics programs to continuing education, social activities and free scheduled transportation. Residents can also enjoy large patios, tiled entryways, Caribbean style pool, and walk-in closets. The ideal location in Dallas puts you minutes from fine dining and multiple shopping centers including Walmart, Sam’s Club, and Towne Market Shopping Center. You’ll also have easy access to highway 80, I-30 and I-635.
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 The Positano 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) | 750ft2 | $943† |
| Two Bedroom (2/2) | 987ft2 | $556 $1,377† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,700 / year | $24,800 / year | $27,900 / year | $30,950 / year |
| 50% AMI for LIHTC Units | $36,100 / year | $41,250 / year | $46,400 / year | $51,550 / year |
| 50% AMI for PBRA Units | $36,100 / year | $41,250 / year | $46,400 / year | $51,550 / year |
| 60% AMI for LIHTC Units | $43,320 / year | $49,500 / year | $55,680 / year | $61,860 / year |
| 80% AMI for PBRA Units | $57,750 / year | $66,000 / year | $74,250 / year | $82,500 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Positano have a waiting list?
The Positano 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 Positano?
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 Positano?
The Positano is managed by Avenue 5 Residential headquartered in Seattle, Washington.
In addition to The Positano, how many other affordable housing properties (and units) are there in Dallas?
In addition to The Positano, we list 408 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 The Positano listing last updated?
The Positano listing on Affordable Housing Online was last updated on 04/25/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
13731 Goldmark Dr, Dallas, Texas 75240
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