Sierra Vista Senior Villas

2942 S Riverside Dr, Fort Worth, TX 76119

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Connor Bailey, Colleen Carter, Joshua Cappell

Rent	Beds	Baths	SqFt
$1,077 - 1,293 per Month^†	1 - 2 Beds	1 - 2 Baths	688 - 861 Sq Ft

Call (682) 204-7597

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.

Sierra Vista Senior Villas offers 1-bedroom and 2-bedroom apartment homes for adults 55 and above in Fort Worth, TX. Each unit features granite countertops, hardwood floors, walk-in closets, and washer/dryer hookups. Community amenities include a clubhouse, fitness center, movie theater, salon, dog park, and resort style pool.

Dave's Thoughts On Sierra Vista Senior Villas

Because Sierra Vista Senior Villas 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

Sierra Vista Senior Villas Amenities

Fitness Center
BBQ and Picnic Area
Community Room
Business Center
Microwave
Refrigerator
Resident lounges
Central Heat & Air
Stainless Steel Appliances
Full-Size Washer & Dryer Connections
Dog Park

Units at Sierra Vista Senior Villas

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	688ft²	$1,077^†
Two Bedroom (2/2)	861ft²	$1,293^†

Income Qualification for Sierra Vista Senior Villas

*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	$33,500 / year	$38,300 / year	$43,100 / year	$47,850 / year
50% AMI for PBRA Units	$33,500 / year	$38,300 / year	$43,100 / year	$47,850 / year
60% AMI for LIHTC Units	$40,200 / year	$45,960 / year	$51,720 / year	$57,420 / year

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

FAQs for Sierra Vista Senior Villas

Does Sierra Vista Senior Villas have a waiting list?

Sierra Vista Senior 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 Sierra Vista Senior 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 Sierra Vista Senior Villas?

Sierra Vista Senior Villas is managed by Sphinx Development headquartered in Dallas, Texas.

In addition to Sierra Vista Senior Villas, how many other affordable housing properties (and units) are there in Fort Worth?

In addition to Sierra Vista Senior Villas, we list 291 other affordable properties in Fort Worth. Learn about these properties here. Our data research shows that there are a total of 18101 affordable units in Fort Worth.