7750 Lilac Way, El Paso, TX 79915
Waiting List Forecast: Likely Short or None
Verified for 2023 by Cindy Erlandson, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
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.
Good Samaritan Towers I is a smoke free community that offers 1-bedroom and 2-bedroom apartment homes for seniors (62+) in El Paso, TX. Each unit features a fully equipped kitchen, air conditioning, and paid water. Property amenities include a community room, pool table, elevators, resident activities, outdoor courtyard, fitness center, on-site laundry room, and 24/7 maintenance. Good Samaritan Towers I is conveniently situated near shopping and transportation services, making it convenient for residents to access everything they need. Dogs and cats allowed, restrictions apply.
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 Good Samaritan Towers I 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections. 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $15,200 / year | $19,720 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year |
| 50% AMI for PBRA Units | $25,250 / year | $28,850 / year | $32,450 / year | $36,050 / year |
| 60% AMI for LIHTC Units | $30,300 / year | $34,620 / year | $38,940 / year | $43,260 / year |
| 80% AMI for PBRA Units | $40,400 / year | $46,150 / year | $51,900 / year | $57,650 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Good Samaritan Towers I have a waiting list?
Good Samaritan Towers I 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 Good Samaritan Towers I?
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 Good Samaritan Towers I?
Good Samaritan Towers I is managed by California Commercial Investment Companies headquartered in Westlake Village, California.
In addition to Good Samaritan Towers I, how many other affordable housing properties (and units) are there in El Paso?
In addition to Good Samaritan Towers I, we list 334 other affordable properties in El Paso. Learn about these properties here. Our data research shows that there are a total of 14810 affordable units in El Paso.
When was the Good Samaritan Towers I listing last updated?
Good Samaritan Towers I listing on Affordable Housing Online was last updated on 10/09/2023 by Cindy Erlandson. Remember, a property's status can change so you should contact the property to confirm.
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Douglas Cook says:
"Affordable Housing Online is a good resource to keep you updated."