2625 Race St, Fort Worth, TX 76111
Verified for 2021 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Under Flora’s leadership, the Paulo's Foundation purchased and renovated the 60-year-old, 24-unit Palm Tree Apartments complex—once a crime-ridden blight on the Six Points Urban Village in east Fort Worth—to reduce homelessness by providing affordable housing for people, 80% of whom had lived unsheltered in the neighborhood. The DRC provides on-site case management to support residents and assure neighbors the Palm Tree Apartments will be an asset, and Fort Worth Housing Solutions vouchers keep rents affordable at the complex, the housing authority’s first site-based partnership with a private developer.
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $20,100 / year | $23,000 / year | $25,850 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $33,500 / year | $38,300 / year | $43,100 / year | $47,850 / year | $51,700 / year | $55,550 / year | $59,350 / year | $63,200 / year |
| 50% AMI for PBRA Units | $33,500 / year | $38,300 / year | $43,100 / year | $47,850 / year | $51,700 / year | $55,550 / year | $59,350 / year | $63,200 / year |
| 80% AMI for PBRA Units | $53,600 / year | $61,250 / year | $68,900 / year | $76,550 / year | $82,700 / year | $88,800 / year | $94,950 / year | $101,050 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
In addition to The Palm Tree Apartments, how many other affordable housing properties (and units) are there in Fort Worth?
In addition to The Palm Tree Apartments, we list 135 other affordable properties in Fort Worth. Learn about these properties here. Our data research shows that there are a total of 17651 affordable units in Fort Worth.
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