Reserve at McAlister, located at 432 McAlister Rd in Fort Worth, has one and two bedroom apartments. Reserve at McAlister participates in the Low-Income Housing Tax Credit (LIHTC) and Section 8 Project-Based Rental Assistance programs.
|The Lantana (1/1)||746||From $670 To $850|
|The Wysteria (2/1)||870||From $803 To $850|
Reserve at McAlister is a brand new, pet-friendly community of one- and two-bedroom apartment homes designed exclusively for residents 55 and over. All homes feature modern amenities you would expect to find in a luxury home at a comfortable price: large walk-in closets, an energy-efficient, fully-equipped gourmet kitchen, laundry room with extra storage, and central air conditioning. Boasting a large community area with a business center, theater room, state-of-the-art fitness center and a resort-style swimming pool, Reserve at McAlister is the community you have been waiting for - call today to reserve your new home!
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
Reserve at McAlister is managed by Miller Valentine Group.