Gala at Fate

359 E. Black Oak Ln., Fate, TX 75132

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 2 Beds 1 - 2 Baths 700 - 900 Sq Ft
check_circle  Near Elderly (55+)
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Forecast

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.

Gala at Fate offers a luxury, independent community for active adults ages 55 & UP! Don't miss your opportunity to call Gala at Fate, the newest senior living development in Fate, Texas, your home sweet home!

The spacious 1- and 2-bedroom apartment homes feature 9-ft ceilings, Energy Star Stainless Steel Appliances, spacious Walk-in Closets and so much more! Residents can relax in the maintenance free lifestyle while enjoying the finer things in life. You can soak up the sun by the Resort-Style Pool or challenge your new friends to a game of golf on the putting green.

Dave's Thoughts On Gala at Fate

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 Gala at Fate 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Gala at Fate Amenities

  • Controlled Access
  • Fitness Center
  • BBQ and Picnic Area
  • Community Room
  • Business Center
  • Library
  • On-Site Manager
  • Close to Dining
  • Close to Shopping
  • Laundry Room
  • 24hr Emergency Maintenance
  • Dishwasher
  • 9 ft. Ceilings
  • Walk-in Closet(s)
  • Storage
  • Refrigerator
  • Kitchen Pantry
  • Energy Star Appliances
  • Balconies or Patios Available
  • Self-Cleaning Ovens
  • Swimming pool
  • Built in microwave
  • Community Kitchen
  • Dog Park
  • Online Maintenance Requests
  • Beauty Salon

Units at Gala at Fate

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 700ft2 Call for Price
Two Bedroom (2/2) 900ft2 Call for Price

Income Qualification for Gala at Fate

*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
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

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

FAQs for Gala at Fate

Does Gala at Fate have a waiting list?

Gala at Fate 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 Gala at Fate?

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 Gala at Fate?

Gala at Fate is managed by Asset Living Property Management headquartered in Houston, Texas.

In addition to Gala at Fate, how many other affordable housing properties (and units) are there in Fate?

In addition to Gala at Fate, we list 21 other affordable properties in Fate. Learn about these properties here. Our data research shows that there are a total of 185 affordable units in Fate.

When was the Gala at Fate listing last updated?

Gala at Fate listing on Affordable Housing Online was last updated on 02/06/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Gala at Fate

Prose Greenbriar

375 W Greenbriar Rd, Fate, Texas 75189

bed 1-2
payment $1220-1697/mo.

324 Burr Ln

324 Burr Ln, Fate, Texas 75189

bed 4
payment $2600/mo.

2134 Rubin Rd

2134 Rubin Rd, Fate, Texas 75189

bed 4
payment $2199/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

112 Greenhill Ln Unit 206

112 Greenhill Ln Unit 206, Rockwall, Texas 75087

bed 1
payment $1399/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1063 Decker Dr

1063 Decker Dr, Fate, Texas 75189

bed 4
payment $2100/mo.

795 Philadelphia St

795 Philadelphia St, Fate, Texas 75189

bed 4
payment $2450/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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