28725 Ranch Road 12, Dripping Springs, TX 78620
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 - 2 Baths | 575 - 1,033 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.
Merritt Hill Country Senior Village is an super attractive, modern, and visually striking community is an eye-catching addition to the Dripping Springs community, and this grand building offers the ultimate in residential options and amenities. Take pleasure in peaceful country living where sunsets are a daily treat in this idyllic environment.
The affordable and professionally designed studio, 1-, and 2-bedroom luxury residences were built with you in mind. Each of the apartment homes features the kind of living space you should expect to appoint with your favorite furniture and belongings.
Because Merritt Hill Country Senior Village participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 575ft2 | Call for Price† |
| One Bedroom (1/1) | 829ft2 | Call for Price† |
| Two Bedroom Two Bath (2/2) | 1033ft2 | Call for Price† |
| Two Bedroom One Bath (2/1) | 963ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year |
| 50% AMI for PBRA Units | $40,900 / year | $46,750 / year | $52,600 / year | $58,400 / year |
| 60% AMI for LIHTC Units | $49,080 / year | $56,100 / year | $63,120 / year | $70,080 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Merritt Hill Country Senior Village have a waiting list?
Merritt Hill Country Senior Village 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 Merritt Hill Country Senior Village?
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 Merritt Hill Country Senior Village?
Merritt Hill Country Senior Village is managed by Merritt Communities, LLC
In addition to Merritt Hill Country Senior Village, how many other affordable housing properties (and units) are there in Dripping Springs?
In addition to Merritt Hill Country Senior Village, we list 3 other affordable properties in Dripping Springs. Learn about these properties here. Our data research shows that there are a total of 242 affordable units in Dripping Springs.
When was the Merritt Hill Country Senior Village listing last updated?
Merritt Hill Country Senior Village listing on Affordable Housing Online was last updated on 11/20/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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