Del Rio Lofts

1999 Dodson Ave., Del Rio, TX 78840

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 3 Beds	1 Bath	750 - 1,330 Sq Ft

This property is currently under construction.

Del Rio Lofts is an affordable apartment community offering 1-, 2-, and 3-bedroom units. This community has a fitness center, media room, community room, and a dog park for residents to enjoy.

Dave's Thoughts On Del Rio Lofts

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 Del Rio Lofts 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

Del Rio Lofts Amenities

Fitness Center
Community Room
On-Site Parking
Community Media Center
Landscaping
Dog Park

Units at Del Rio Lofts

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	750ft²	Call for Price^†
Two Bedroom (2/1)	1100ft²	Call for Price^†
Three Bedroom (3/1)	1330ft²	Call for Price^†

Income Qualification for Del Rio Lofts

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
50% AMI for LIHTC Units	$25,250 / year	$28,850 / year	$32,450 / year	$36,050 / year	$38,950 / year	$41,850 / year
50% AMI for PBRA Units	$25,250 / year	$28,850 / year	$32,450 / year	$36,050 / year	$38,950 / year	$41,850 / year
60% AMI for LIHTC Units	$30,300 / year	$34,620 / year	$38,940 / year	$43,260 / year	$46,740 / year	$50,220 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Del Rio Lofts

Does Del Rio Lofts have a waiting list?

Del Rio Lofts 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 Del Rio Lofts?

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 Del Rio Lofts?

Del Rio Lofts is managed by MRE Capital headquartered in Overland Park, Kansas.

In addition to Del Rio Lofts, how many other affordable housing properties (and units) are there in Del Rio?

In addition to Del Rio Lofts, we list 23 other affordable properties in Del Rio. Learn about these properties here. Our data research shows that there are a total of 787 affordable units in Del Rio.

When was the Del Rio Lofts listing last updated?

Del Rio Lofts listing on Affordable Housing Online was last updated on 04/09/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.