4100 Parkdale Dr, Denison, TX 75020
Waiting List Forecast: Likely Short or None
Verified for 2019 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $397 - 1,225 per Month† | 1 - 3 Beds | 1 - 2 Baths | 758 - 1,137 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.
Parkdale Villas is now leasing to the quaint town of Denison, Texas! This community is conveniently located by U.S. Route 75 for easy access to shopping, fine dining, entertainment, and schools. Public parks are nearby offering outdoor experiences. The community at Parkdale Villas can provide you the kind of lifestyle you deserve.
You have the option of 1-, 2-, or 3-bedroom floor plans to choose from. Income restrictions apply due to Parkdale Villas being a tax credit community. Each of the apartment homes features gorgeous hardwood floors, plush carpet, ceiling fans, a balcony or patio, all-electric appliances such as refrigerator, dishwasher, and stove, washer and dryer connections, and large walk-in closets. With elegant spacious kitchens and luxurious bedrooms, these residences will satisfy your taste for sophistication and class.
From the moment you arrive, you’ll feel like you’ve come home. Parkdale Villas community amenities are some of the best in apartment living! Everyone can lounge in the clubhouse, stay connected in the business center, and enjoy a picnic in the beautifully landscaped garden. You can stay fit in the fitness center and cool off in the sparkling swimming pool. This community welcomes furry family members too!
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 Parkdale Villas 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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) | 758ft2 | $397 $900† |
| Two Bedroom (2/2) | 973ft2 | $474 $1,075† |
| Three Bedroom (3/2) | 1137ft2 | $552 $1,225† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year | $44,500 / year | $47,800 / year |
| 50% AMI for PBRA Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year | $44,500 / year | $47,800 / year |
| 60% AMI for LIHTC Units | $34,620 / year | $39,600 / year | $44,520 / year | $49,440 / year | $53,400 / year | $57,360 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Parkdale Villas have a waiting list?
Parkdale Villas 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 Parkdale Villas?
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 Parkdale Villas?
Parkdale Villas is managed by Mayfair Management Group headquartered in Boca Raton, FL.
In addition to Parkdale Villas, how many other affordable housing properties (and units) are there in Denison?
In addition to Parkdale Villas, we list 86 other affordable properties in Denison. Learn about these properties here. Our data research shows that there are a total of 559 affordable units in Denison.
1816 N State Highway 91, Denison, Texas 75020
1401-1403 S 5th Ave Unit 1403, Denison, Texas 75020
713 E Sears St, Denison, Texas 75021
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Sandra Lewis-Kidd says:
"I received daily updates from Affordable Housing Online on waiting list openings not only in my city, but also other states and cities accepting applications. I was able to apply, and was actually chosen for the Section 8 housing lottery!"